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The state of Georgia allocated most of its land to the public through a system of lotteries. These episodes provide unusual opportunities to assess the long-term impact of large shocks to wealth, as winning was uncorrelated with individual characteristics and participation was nearly universal...
Persistent link: https://www.econbiz.de/10012459487
In a rare example of an explicit national goal for income distribution besides reducing poverty, China's leadership has … the potential trade-offs, the paper asks whether China's experience indicates that income-polarization was a by-product of … polarizing in China …
Persistent link: https://www.econbiz.de/10012660061
The path of income inequality in post-reform China has been widely interpreted as "China's Kuznets curve." We show that … agrarian policy reforms. Our findings warn against any presumption that the Kuznets process will assure that China has passed …
Persistent link: https://www.econbiz.de/10012616646
We analyze the Hukou system of permanent registration in China which many believe has supported growing relative … regions and cities. Our aim is to inject economic modelling into the debate on sources of inequality in China which thus far … geographical divides in China is supported solely by quantity based migration restrictions (urban -- rural areas, rich -- poor …
Persistent link: https://www.econbiz.de/10012468007
, the urban-rural income inequality. This pattern in the data suggests that inferences based solely on China's national …
Persistent link: https://www.econbiz.de/10012470105
-income taxpayers) in order to provide consistent series on the accumulation and distribution of income and wealth in China over the … between 1978 and 2015, while the bottom 50% share dropped from 27% to 15%. China's inequality levels used to be close to …
Persistent link: https://www.econbiz.de/10012455313
.world), with particular emphasis on the contrast between the trends observed in the United States, China, France, and the United …
Persistent link: https://www.econbiz.de/10012455562
China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled … the past decade, China has made substantial investments in producing it. The egalitarian access to medium skilled …. China's growth will be fostered by expanding access to all levels of education, reducing impediments to labor mobility, and …
Persistent link: https://www.econbiz.de/10012460559
with their preferred partner. We analyze marriage markets in a central region of China between about 1300 and 1850 through … in China became weaker over time …
Persistent link: https://www.econbiz.de/10013462674
Knowledge of the effect of unearned income on economic behavior of individuals in general, and on labor supply in particular, is of great importance to policy makers. Estimation of income effects, however, is a difficult problem because income is not randomly assigned and exogenous changes in...
Persistent link: https://www.econbiz.de/10012471799