Showing 1 - 10 of 205
This Paper constructs and analyses a long run time series for regional inequality in China from the Communist … Revolution to the present. There have been three peaks of inequality in the last fifty years, coinciding with the Great Famine of … integration in the late 1990s. Regional inequality in China in 1999 exceeds the level experienced at its peak in the Cultural …
Persistent link: https://www.econbiz.de/10005661875
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 … lower inequality not between individuals but between the dynasties to which they belong? And how does this pattern in turn …
Persistent link: https://www.econbiz.de/10011252615
-tax reforms using a model economy that replicates the U.S. distributions of earnings, income and wealth in very much detail. We …
Persistent link: https://www.econbiz.de/10005662104
Even relatively poor people oppose high rates of redistribution because of the anticipation that they, or their children, may move up the income ladder. This ‘Prospect of Upward Mobility’ (POUM) hypothesis is commonly advanced to explain why democracies do not engage in large-scale...
Persistent link: https://www.econbiz.de/10005662178
We investigate how vertical unity within a community interacts with horizontal class divisions of an unequal income distribution. Community is conceptualized in terms of a public good to which all those in the community have equal access, but from which outsiders are excluded. We formulate the...
Persistent link: https://www.econbiz.de/10005666575
This paper investigates the determinants of group membership, and in particular the effect of income inequality on … individual incentives to join economic groups. Drawing on a simple model, we show that an increase in inequality has an ambiguous … inequality leads to more or less group participation. Using survey data from rural Tanzania we find that inequality at the …
Persistent link: https://www.econbiz.de/10005667030
redistributions decreases with the degree of inequality, at least over some range. Moreover, capital market imperfections make future … high inequality and low redistribution, or vice versa. Temporary shocks to the distribution of income or the political …
Persistent link: https://www.econbiz.de/10005792191
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the … possible rationale for recent inequality developments. …
Persistent link: https://www.econbiz.de/10005792213
We conduct a systematic empirical study of cross-sectional inequality in the United States, integrating data from the … Finances. In order to understand how different dimensions of inequality are related via choices, markets, and institutions, we … wage inequality over the sample period. Changes in the distribution of hours worked sharpen the rise in earnings inequality …
Persistent link: https://www.econbiz.de/10008496450
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; consumption inequality; geographical inequality; and international differences …
Persistent link: https://www.econbiz.de/10005123580