Showing 1 - 10 of 29
Rising income inequality is an anglo Saxon problem. For most of the other OECD countries, earnings dispersion is rather persistent. Vertical mobility is to be taken into account. The paper also looks at the relationship of income inequality, growth and employment. It elaborates the point that...
Persistent link: https://www.econbiz.de/10009276488
Economists traditionally tackle normative problems by computing optimal policy, i.e., the one that maximizes a social welfare function. In practice, however, a succession of marginal changes to a limited number of policy instruments are implemented, until no further improvement is feasible. I...
Persistent link: https://www.econbiz.de/10005083399
show that people do care about fairness in their demand for redistribution. In this article, in the spirit of the new … behavior over redistribution as the interaction between (a) an automatic cognitive process which quickly generates intuitions … on the fair level of redistribution, (b) a rational self-oriented reasoning which controls the feeling of guilt …
Persistent link: https://www.econbiz.de/10010956115
This paper provides a unified vision of a number of results that appeared in three separate streams of literature. The author emphasizes the strong parallelism between the results obtained in a number of papers that analyzed the relationships between price cap regulation, welfare maximization,...
Persistent link: https://www.econbiz.de/10010956048
This paper has two sources: One is my own research in three broad areas: business cycles, economic measurement and social choice. In all of these fields I attempted to apply the basic precepts of the scientific method as it is understood in the natural sciences. I found that my effort at using...
Persistent link: https://www.econbiz.de/10005083341
This paper deals with alternative policy options for tackling congestion and environmental problems in the German airport sector. The starting point of the discussion is the planned privatisation of several airports in Germany, which is normally justified on productive efficiency grounds....
Persistent link: https://www.econbiz.de/10009276321
Combining a Dynamic Computable General Equilibrium (DCGE) model of the Yemeni economy with a microsimulation model that captures the link between changes in household incomes and changes in nutrition status, this paper provides a quantitative assessment of the agricultural, economy-wide, and...
Persistent link: https://www.econbiz.de/10009653069
This paper addresses poverty reduction strategies from a labour market perspective. Structural features and constraints are emphasised using informality as a descriptive and segmentation as an analytical concept. Divergent demand-side developments combined with limited labour market mobility...
Persistent link: https://www.econbiz.de/10005755240
This paper provides an account of the evolution of poverty and inequality during adjustment in Bolivia, covering the period 1985–99. It turns out that urban poverty declined somewhat after the initial stabilization phase that followed the hyperinflation in 1985. A similar evolution of per...
Persistent link: https://www.econbiz.de/10005818839
The paper analyzes why Germany experiences the high and sticky unemployment. It looks at wage policy and proposes a new approach to measure productivity growth when unemployment increases. It studies the position of trade unions and the institutional set-up of the labor market. It looks at the...
Persistent link: https://www.econbiz.de/10005700509