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reduce some forms of poverty and inequality but worsen others, so the net effects are unclear without empirical modeling … the remaining distortions to world merchandise trade on poverty and inequality globally and in various developing … for a sample of 15 countries, and ten stand-alone national case studies, all point to larger reductions in poverty …
Persistent link: https://www.econbiz.de/10008468695
costs and benefits of redistribution are generally of the same order of magnitude, resulting in reasonable values for the …
Persistent link: https://www.econbiz.de/10005124288
In this paper, we demonstrate how age-adjusted inequality measures can be used to evaluate whether changes in inequality over time are due to changes in the age-structure. To this end, we use administrative data on earnings for every male Norwegian over the period 1967-2000. We find that the...
Persistent link: https://www.econbiz.de/10009493554
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained. Finally,...
Persistent link: https://www.econbiz.de/10005792213
This Paper studies growth and inequality in China and India – two economies that account for a third of the world’s population. By modelling growth and inequality as components in a joint stochastic process, the Paper calibrates the impact each has no different welfare indicators and on the...
Persistent link: https://www.econbiz.de/10005498030
If redistribution is distortionary, and if the income of skilled workers is due to knowledge-intensive activities and … reduction reduces statis inefficiency. On the other hand, standard redistribution also reduces the level of R&D because it … that standard redistribution always dominates limitations to IPRs. …
Persistent link: https://www.econbiz.de/10005791837
One often heard counter to the concern on rising income and wealth inequality is that it is wrong to focus on inequality of outcomes in a “snapshot.” Intergenerational mobility and “equality of opportunity”, so the argument goes, is what matters for normative evaluation. In response to...
Persistent link: https://www.econbiz.de/10011252615
This Paper first documents the evolution of the cross-sectional income and consumption distribution in the US in the past 25 years. Using data from the Consumer Expenditure Survey we find that a rising income inequality has not been accompanied by a corresponding rise in consumption inequality....
Persistent link: https://www.econbiz.de/10005123551
This paper provides a comprehensive survey of seven aspects of rising inequality that are usually discussed separately: changes in labor’s share of income; inequality at the bottom of the income distribution, including labor mobility; skill-biased technical change; inequality among high incomes;...
Persistent link: https://www.econbiz.de/10005123580
analysis of changes in the channels of redistribution and a Gini decomposition. We find that the sizeable increase in overall …
Persistent link: https://www.econbiz.de/10005123731