Showing 1 - 10 of 18
Persistent link: https://www.econbiz.de/10005776289
This paper investigates wage disparities across sub-national labour markets in Britain using anewly available microdata … set. The findings show that wage disparity across areas is verypersistent over time. While area effects play a role in … this wage disparity, most of it is due toindividual characteristics (sorting). Area effects contribute a very small …
Persistent link: https://www.econbiz.de/10010746070
This paper develops a model to understand mechanisms behind the rise of mass consumption societies. The development process depicted in the model follows the Flying Geese pattern, in which a series of industries takes off one after another. As productivity improves in these industries, each...
Persistent link: https://www.econbiz.de/10010928752
This paper employs a decomposition analysis of inequality by income source to understand and explain particular aspects of income inequality in Greece. The results suggest that entrepreneurial income is the most significant contributor to overall inequality in Greece. It is also shown that there...
Persistent link: https://www.econbiz.de/10010928797
the minimum wage, including wages, hours, employment, and ultimately labor income, representing the central margins of … adjustment that impact the economic well-being of workers potentially affected by minimum wage increases. The evidence indicates … that workers initially earning near the minimum wage are adversely affected by minimum wage increases, while, not …
Persistent link: https://www.econbiz.de/10005207536
This paper investigates the extent to which certain social characteristics and personal attributes could help explain income inequality in Greece. This analysis is quite revealing for understanding and explaining income idfferences among certain population subgroups with apparent policy...
Persistent link: https://www.econbiz.de/10010745031
Starting from the axiomatisation of polarisation contained in Esteban and Ray (1994) and Chakravarty and Majumdar (2001) we investigate whether people's perceptions of income polarisation is consistent with the key axioms. This is carried out using a questionnaire-experimental approach that...
Persistent link: https://www.econbiz.de/10010745093
We focus on the statics and dynamics of poverty in Spain using data from the first eight waves of the European Community Household Panel from 1994 to 2001, a period not sufficiently covered by recent literature. The results confirm the pattern of poverty changes noted by other authors for the...
Persistent link: https://www.econbiz.de/10010745472
We show how a collection of results in the literature on the empirical estimation of welfare indicators from sample data can be unified. We also demonstrate how some of these ideas can be extended to empirically important cases where the data have been trimmed or censored.
Persistent link: https://www.econbiz.de/10010746196
Inequality aversion and risk aversion are widely assumed features of economic models. But a review of the literature revealed that inequlity aversion and risk aversion are treated as separate variables. This paper presents exploratory research designed to separate inequality aversion from risk...
Persistent link: https://www.econbiz.de/10010746509