Showing 1 - 10 of 25
We critically review the recent literature on currency unions, and discuss the methodological challenges posed by the empirical assessment of their costs and benefits. In the process, we provide evidence on the economic effects of the euro. In particular, and in contrast with estimates of the...
Persistent link: https://www.econbiz.de/10008542758
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality … share of both the "very unhappy" and the "perfectly happy". Lower happiness inequality is found both between and within …
Persistent link: https://www.econbiz.de/10010945135
regional policy, top tax rates, inequality, housing and planning, crime, climate change and energy. …
Persistent link: https://www.econbiz.de/10011269056
with a role for capital income (dividends, capital gains, etc.). In the global financial crisis of 2008-09 inequality fell …, but has been stable since then. It is too soon to tell whether inequality will resume its rising trend as the economy … increasingly important for inequality as it is rising faster than aggregate income, and the concentration of capital income is much …
Persistent link: https://www.econbiz.de/10011269057
This paper explores the contribution of the minimum wage to the well documented rise in earnings inequality in Mexico … entire rise in inequality at the bottom of the distribution. Our result challenges the widespread perception that trade … induced shocks are the single most important factor behind the recent rise in earnings inequality in several less developed …
Persistent link: https://www.econbiz.de/10005017026
growing inequality in PC ownership over the 1980s and 1990s. Analysis of ownership patterns of four other household consumer … durables suggests that there may be significant limitations to relying solely on the market to eradicate PC inequality quickly. …
Persistent link: https://www.econbiz.de/10005017040
rise in inequality will lead to more redistribution. This paper shows that, for the UK in the period 1983-2004, a plausibly … exogenous rise in income inequality has not been associated with increased redistribution. We then explore this further using …
Persistent link: https://www.econbiz.de/10005151062
This paper argues that skill-biased technical change has some deficiencies as a hypothesis about the impact of technology on the labor market and that a more nuanced view recently proposed by Autor, Levy and Murnane (2003) is a more accurate description. The difference between the two hypotheses...
Persistent link: https://www.econbiz.de/10005151083
This paper presents a historical database on educational attainment in 74 countries for the period 1870-2010, using perpetual inventory methods before 1960 and then the Cohen and Soto (2007) database. The correlation between the two sets of average years of schooling in 1960 is equal to 0.96. We...
Persistent link: https://www.econbiz.de/10005256472
This paper reviews a new framework for analyzing the interrelationship between inequality, unemployment, labor market …. It implies that the opening of trade may raise inequality and unemployment, but always raises welfare. Unilateral …
Persistent link: https://www.econbiz.de/10009643563