Showing 1 - 10 of 17
2000s in terms of both the assessment of the equity of the education expansion and its impact on the income distribution …
Persistent link: https://www.econbiz.de/10010319832
Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the private return to schooling. We present a simple explanation combining two ideas: imperfect substitution and endogenous skill-biased technological progress and use cross-country...
Persistent link: https://www.econbiz.de/10010324788
-left (2005-10). Income inequality diminished during the restoration of democracy, but started to grow steadily in the mid-1990s … reduction in labour income inequality and the introduction of noncontributory public transfers schemes. …
Persistent link: https://www.econbiz.de/10010319774
We examine the relationship between income and health with the purpose of establishing the extent to which the … distribution of health in a population contributes to income inequality and is itself a product of that inequality. The evidence … supports a significant and substantial impact of ill-health on income mainly operating through employment, although it is …
Persistent link: https://www.econbiz.de/10010326364
The United States and China are the world's largest economies. Together they are responsible for about one-third of the world's economic output. This paper aims to examine whether the two economic giants are also lands of opportunity where resources are allocated in a way that minimizes...
Persistent link: https://www.econbiz.de/10012423987
In this paper, we use the World Income Inequality Database to assess the main trends in inequality within countries … period of time. These trends are complemented with information for inequality in income and wealth from other sources, paying …
Persistent link: https://www.econbiz.de/10012424103
We develop a polygenic index for individual income and examine random differences in this index with lifetime outcomes … in a sample of ~35,000 biological siblings. We find that genetic fortune for higher income causes greater socio … education, income, and health are partly due the outcomes of a genetic lottery. However, the consequences of different genetic …
Persistent link: https://www.econbiz.de/10012427153
Two family-specific lotteries take place during conception— a social lottery that determines who our parents are and … which environment we grow up in, and a genetic lottery that determines which part of their genomes our parents pass on to us … socioeconomic status. Here, we estimate a lower bound for the relevance of these two lotteries for differences in education, income …
Persistent link: https://www.econbiz.de/10012606001
Over the years, money-metric measures of inequality such as the Gini coefficient and the Palma Ratio, as frequently used in Ghana, have become useful in providing quantitative measures of welfare distribution that enable a better understanding of the extent and nature of inequality. From these...
Persistent link: https://www.econbiz.de/10014477461
Natural disasters cause economic damages and may exacerbate disparities in income distribution among countries across …, implying that natural disasters may serve as a means of creative destruction. This effect is prominent among uppermiddle-income …
Persistent link: https://www.econbiz.de/10014477522