Showing 1 - 10 of 62
shape of the distribution and derived measures of inequality, poverty, and mobility. Using employment histories of German …
Persistent link: https://www.econbiz.de/10010886845
This paper examines the long-run effect of foreign aid on income inequality for 21 recipient countries using panel … cointegration techniques to control for omitted variable and endogeneity bias. We find that aid exerts an inequality increasing …
Persistent link: https://www.econbiz.de/10010886909
Inequality, bi-polarization and polarization are related but distinct concepts aiming at analysing the income … distribution. This paper first recalls the main differences between these three notions of inequality, bipolarization and … on inequality, bipolarization and polarization is analyzed via what is known as the Shapley de-composition and the …
Persistent link: https://www.econbiz.de/10010956034
Two conversion schemes are usually employed for assessing personal-income inequality from household equivalent incomes … sensitivity of country inequality rankings to conversion schemes and explain the finding by means of inequality decomposition. A …
Persistent link: https://www.econbiz.de/10009646514
developing countries. Applying inequality indices and FieldsÂ’ (2001) decomposition methodology to Bolivian household survey data … of the years 1989 to 1997, we identify recent trends in wage inequality of urban Bolivia. Using a rent-based dual …
Persistent link: https://www.econbiz.de/10005755126
) and income inequality in the United States. Using panel cointegration techniques that allow for cross …-sectional heterogeneity, cross-sectional dependence, and endogenous regressors, we find that the short-run effects of FDI on income inequality … negative effect on income inequality in the United States. This result for the United States as a whole does not imply that FDI …
Persistent link: https://www.econbiz.de/10008478301
The paradox of monetary profits has been a recurrent theme in macroeconomics since the problem was first formulated by Marx. Capitalists as a whole can at most get from workers, what they already paid out in wages. Marx did not solve this problem, and neither did Keynes, who had to face the...
Persistent link: https://www.econbiz.de/10008479049
Much analysis in macroeconomics empirically addresses economy-wide incentives behind consumer/investment choices by using insights from the way a single representative household would behave. Heterogeneity at the micro level can jeopardize attempts to back up the representative consumer...
Persistent link: https://www.econbiz.de/10008727755
This paper estimates a series of shocks to hit the US economy during the Great Depression, using a New Keynesian model with unemployment and bargaining frictions. Shocks to long-run inflation expectations appear to account for much of the cyclical behavior of employment, while an increase in...
Persistent link: https://www.econbiz.de/10005017500
-led engagement in non-agricultural activities would be inequality-decreasing through increasing the incomes of the poorer parts of … the population and would reduce poverty. Opportunity-led diversification, by contrast, would increase inequality and have … opportunity-led diversification. Yet, the poverty and inequality implications of the differently motivated diversification …
Persistent link: https://www.econbiz.de/10010956010