Globalization and a welfare program for the marginalized

We study the economic relationship between globalization and inequality within a country. In a partial equilibrium it is shown even when the local government exclusively maximizes the welfare of the marginalized (unemployed) people, relative consumption inequality between employed and the marginalized always rises by intensified globalization. However in certain situations the relative income inequality may fall.

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Year of publication:	2009
Authors:	Broll, Udo ; Kemnitz, Alexander ; Mukherjee, Vivekananda
Publisher:	Dresden : Technische Universität Dresden, Fakultät Wirtschaftswissenschaften
Subject:	Globalization \| inequality \| marginalization \| policy

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Series:	Dresden Discussion Paper Series in Economics ; 05/09
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	601232119 [GVK] hdl:10419/36490 [Handle] RePEc:zbw:tuddps:0509 [RePEc]
Classification:	I30 - Welfare and Poverty. General ; O15 - Human Resources; Income Distribution; Migration ; O19 - International Linkages to Development; Role of International Organizations ; F42 - International Policy Coordination and Transmission
Source:	EconStor

Persistent link: https://www.econbiz.de/10010300613