Showing 21 - 30 of 248
This research develops a theory about the role of within-country income inequality leading to overtaking in economic performance among countries. The theory captures two opposing effects of inequality on factor accumulation and suggests that the qualitative change in their combined effect is a...
Persistent link: https://www.econbiz.de/10005556070
This paper studies the role of income distribution as a determinant of the size of the informal sector in an economy by relying on a channel whereby inequality affects the behaviour of aggregate demand and thus influences the incentives a firm has to become informal. It is further postulated...
Persistent link: https://www.econbiz.de/10005118800
inequality (inequality between citizens of the world). It discusses the relationship between globalization and global inequality …
Persistent link: https://www.econbiz.de/10005134594
paper to calculate world distribution for individuals based entirely on household survey data from 91 countries, and …
Persistent link: https://www.econbiz.de/10005134603
The paper discusses recent world income inequality calculations by Sala- i-Martin. It shows that the two main problems with which the author had to grapple (too few data to derive countries’ income distributions, and sparseness of such data in time) are not solved in a satisfactory fashion....
Persistent link: https://www.econbiz.de/10005134630
Globalization is a deliberate decision to open up a national economy to the forces of product, factor and money markets … regime and went in for globalization in the early 1990’s. However, globalization of the Indian Economy has been defensive … in the social spirit and prowess, so much needed to benefit from globalization. Acute poverty is the major structural …
Persistent link: https://www.econbiz.de/10005119015
presents another attempt to discern the effects of globalization by using the new data derived directly from household surveys …The effects of globalization on income distribution within rich and poor countries are a matter of controversy. While …
Persistent link: https://www.econbiz.de/10005561550
I study the consequences of heterogeneity of skills for the design of an optimal unemployment insurance, using a principal-agent set-up with a risk neutral insurer and infinitely lived risk averse agents. Agents, who are characterised by different productivities or skills, are employed by firms...
Persistent link: https://www.econbiz.de/10005408328
I estimate a life cycle model of consumption choice with unemployment risk. Employed individuals face the risk of losing their job. Unemployed agents receive job random offers of different quality, which they can accept or reject. Following the loss of a job and during unemployment, an agent’s...
Persistent link: https://www.econbiz.de/10005119102
This paper investigates one reason why some countries have experienced a strong increase in wage inequality over the last decades while others have not. The explanation is based on the link between the quality of education and induced technological change. A country with qualitatively...
Persistent link: https://www.econbiz.de/10005125905