Showing 1 - 10 of 103
three questions (a) What is the source of knowledge flows? (b) To what extent do such flows contribute to productivity …
Persistent link: https://www.econbiz.de/10011071306
Persistent link: https://www.econbiz.de/10005625922
A general equilibrium model of individual specialization is presented in which agents trade off the productivity and …
Persistent link: https://www.econbiz.de/10010745762
. As productivity improves in these industries, each consumer good becomes affordable to an increasingly large number of …, which leads to further improvement in productivity. In order for such two-way causality to generate virtuous cycles of … productivity gains and expanding markets, income distribution should be neither too equal nor too unequal. Some income inequality …
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
This paper provides evidence on a wide set of margins along which labor markets can adjust in response to increases in 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...
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