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Distribution Costs and Real Exchange Rate Dynamics During Exchange-Rate-Based Stabilization

Burstein, Ariel Tomas; Neves, Joao C; Rebelo, Sérgio - C.E.P.R. Discussion Papers - 2001

This Paper studies the role played by distribution costs in shaping the behaviour of the real exchange rate during … exchange-rate-based stabilizations. We document that distribution costs are very large for the average consumer good: the … represent more than 40% of the retail price in the US and 60% of the retail price in Argentina. Distribution services require …

Persistent link: https://www.econbiz.de/10005791855

Winners and Losers in a North-South Model of Growth, Innovation and Product Cycles

Chui, Michael; Levine, Paul L; Pearlman, Joseph - C.E.P.R. Discussion Papers - 1999

The paper examines the welfare gains from North-South trade and their distribution. We construct an endogenous growth …

Persistent link: https://www.econbiz.de/10005792247

Does Inequality Cause Inflation? The Political Economy of Inflation, Taxation and Government Debt

Beetsma, Roel; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 1992

A democratic society in which the distribution of wealth is unequal elects political parties which tend to represent …

Persistent link: https://www.econbiz.de/10005792370

Globalization, Growth and Distribution in Spain 1500-1913

O'Rourke, Kevin Hjortshøj; Rosés, Joan R.; … - C.E.P.R. Discussion Papers - 2007

The endogenous growth literature has explored the transition from a Malthusian world where real wages, living standards and labour productivity are all linked to factor endowments, to one where (endogenous) productivity change embedded in modern industrial growth breaks that link. Recently,...

Persistent link: https://www.econbiz.de/10005114196

Colonial Rule, Apartheid and Natural Resources: Top Incomes in South Africa, 1903-2007

Alvaredo, Facundo; Atkinson, Anthony B - C.E.P.R. Discussion Papers - 2010

There have been important studies of overall income inequality and of poverty in South Africa. In this paper, we approach the subject from a different direction: the extent and evolution of top incomes. We present estimates of the shares in total income of groups such as the top 1 per cent and...

Persistent link: https://www.econbiz.de/10008784719

Community and Class Antagonism

Dasgupta, Indraneel; Kanbur, Ravi - C.E.P.R. Discussion Papers - 2007

distribution. Community is conceptualized in terms of a public good to which all those in the community have equal access, but from … is that the nominal distribution of income could give a misleading picture of tensions in society, both within and across …

Persistent link: https://www.econbiz.de/10005666575

Cities and Countries

Rose, Andrew K - C.E.P.R. Discussion Papers - 2005

size distributions of cities and countries are similar. But theories that explain the size-distribution of cities do not … obviously apply in explaining the size-distribution of countries. The similarity of city- and country-size distributions is an …

Persistent link: https://www.econbiz.de/10005497861

Should Egalitarians Expropriate Philanthropists?

Dasgupta, Indraneel; Kanbur, Ravi - C.E.P.R. Discussion Papers - 2007

Wealthy individuals often voluntarily provide public goods that the poor also consume. Such philanthropy is perceived as legitimizing one’s wealth. Governments routinely exempt the rich from taxation on grounds of their charitable expenditure. We examine the normative logic of this exemption....

Persistent link: https://www.econbiz.de/10005504401

Efficiency and Equity: Is There a Trade-off?

Correia, Isabel - C.E.P.R. Discussion Papers - 1995

Efficient measures are often not implemented because of their potentially damaging effects on distribution, yet these … when we can separate the effect on efficiency from the effect on distribution, that is when Gorman aggregation applies, the … well-known result that aggregate effects can be computed independently of the distribution can be accompanied by a similar …

Persistent link: https://www.econbiz.de/10005504425

Wealth and Inheritance in the Long Run

Piketty, Thomas; Zucman, Gabriel - C.E.P.R. Discussion Papers - 2014

This article offers an overview of the empirical and theoretical research on the long run evolution of wealth and inheritance. Wealth-income ratios, inherited wealth, and wealth inequalities were high in the 18th-19th centuries up untilWorldWar 1, then sharply dropped during the 20th century...

Persistent link: https://www.econbiz.de/10011083954