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To analyse the impacts of North-South globalization (NSG) and North-North globalization (NNG) upon social segmentation in advanced economies, we build a model in which (i) households differ in their skill and capital endowments, and (ii) there is a minimal consumption under which they are...
Persistent link: https://www.econbiz.de/10010938090
To analyse the globalization-inequality relationship, we extend the North-South HOS model by assuming (i) that the size of the South (emerging countries) increases over time and that the North (advanced countries) and the South never stand simultaneously inside the diversification cone, (ii)...
Persistent link: https://www.econbiz.de/10011098381
We review the theoretical and empirical economic literature upon income inequality in emerging countries. We firstly describe the main observed developments and show that these are rather diverse across countries and developing regions. We subsequently expose the main theoretical mechanisms. We...
Persistent link: https://www.econbiz.de/10011163088