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in alleviating poverty, while saving at very low rates and neglecting investment in health and education. Such … consumption patterns seem to be related to the persistence of poverty. We offer an explanation for this observation, based on a … can help explain the persistence of poverty. …
Persistent link: https://www.econbiz.de/10005504622
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
This paper studies the effects of progressive income taxes and education finance in a dynamic heterogeneous agent economy. Such redistributive policies entail distortions to labour supply and savings, but also serve as partial substitutes for missing credit and insurance markets. The resulting...
Persistent link: https://www.econbiz.de/10005124288
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
workers from agriculture is associated with rising wage inequality, rather than a Kuznets curve. The increase in sectoral wage … inequality is pronounced for agriculture. At the same time, structural transformation is associated with major reductions in … rural poverty, and eventually in urban poverty. …
Persistent link: https://www.econbiz.de/10011145444
general-equilibrium mapping from tariffs to household inequality measures. This also yields predictions for linkages between … tariffs, development level, and observed household inequality. Working with a new dataset, we then examine cross …-country variation in inequality with respect to import protection. Results are consistent with predictions of the factor-intensity model …
Persistent link: https://www.econbiz.de/10005656223
absolute inequality in welfare achievement, while leaving the change in relative inequality ambiguous. Additionally …
Persistent link: https://www.econbiz.de/10005504401
The academic literature on equality of opportunity has burgeoned. More recently, the concepts and measures have begun to be used by policy institutions, including in specific sectors like health and education. Indeed, it is argued that one advantage of focusing on equality of opportunity is that...
Persistent link: https://www.econbiz.de/10011207400
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 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