Showing 1 - 10 of 15
This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed (if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty alleviation should matter. This note shows that we all do care...
Persistent link: https://www.econbiz.de/10014072283
Has the economic transition in Eastern Europe and the countries of the former Soviet Union been harder on pensioner households or on households containing children? Do per capita measures of welfare give a misleading picture? Much attention has been paid to the relative vulnerability of two...
Persistent link: https://www.econbiz.de/10014203290
Inequality between world citizens in mid-19th century was such that at least a half of it could be explained by income differences between workers and capital-owners in individual countries. Real income of workers in most countries was similar and low. This was the basis on which Marxism built...
Persistent link: https://www.econbiz.de/10012975731
Inequality between world citizens in mid-19th century was such that at least a half of it could be explained by income differences between workers and capital-owners in individual countries. Real income of workers in most countries was similar and low. This was the basis on which Marxism built...
Persistent link: https://www.econbiz.de/10012551315
Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as unequal as they are today? For want of sufficient data, these questions have not yet been answered. This paper infers inequality for 14 ancient, pre-industrial societies using...
Persistent link: https://www.econbiz.de/10012552864
What happens to poverty and income inequality during the early period of transition to a market economy? Poverty is on the rise, and income inequality widens. Better targeting of social assistance and pension reform are the necessary policy reforms. In examining what happens to poverty and...
Persistent link: https://www.econbiz.de/10012749432
Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as unequal as they are today? For want of sufficient data, these questions have not yet been answered. This paper infers inequality for 14 ancient, pre-industrial societies using...
Persistent link: https://www.econbiz.de/10012747537
High inequality in Africa is something of a paradox: Africa should be a low-inequality continent according to the Kuznets hypothesis (because African countries are poor and agriculture-based), and also because land (the main asset) is widely shared. Milanovic's hypothesis is that African...
Persistent link: https://www.econbiz.de/10012748194
The effect of the distribution of political rights on income inequality has been studied both theoretically and empirically. Gradstein and Milanovic review the existing literature and, in particular, the available empirical evidence. The literature suggests that formal exclusion from the...
Persistent link: https://www.econbiz.de/10012748433
The relationship between the distribution of political rights and that of economic resources has been studied both theoretically and empirically. This paper reviews the existing literature and, in particular, the available empirical evidence. Our reading of the literature suggests that formal...
Persistent link: https://www.econbiz.de/10013321346