Showing 1 - 10 of 41
Even if individuals care about their current economic status, they are mainly concerned about the time they remain in it (its duration). The expected duration of an economic status affects how individuals perceive it and therefore, it should modify any economic policy aiming for Social Welfare...
Persistent link: https://www.econbiz.de/10005797459
funding process when student mobility between schools is limited by land market imperfections, and some aspects of educational …
Persistent link: https://www.econbiz.de/10005670783
This paper examines integration decisions of successive duopolists. It is shown that qualitatively the same pattern of … integration emerges whether there is Cournot or Bertrand competition in the input market. The degree of integration in the … the fixed integration cost. There jis a tendency for partial integration when one upstream firm is relatively efficient …
Persistent link: https://www.econbiz.de/10005220109
Instead of Inequality analysis sometimes neglects the problem of allowing differences in people's non …
Persistent link: https://www.econbiz.de/10005310311
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 is a weak redistributive impact of taxes and social security …
Persistent link: https://www.econbiz.de/10005310313
Orderings of income distribution in terms of inequality should be closely related to orderings in terms of risk. Using …' distributional perceptions. We show that in terms of both inequality and risk individuals consistently reject one of the standard … axioms of distributional comparison. Moreover, there are significant differences in the 'maps' of inequality and risk …
Persistent link: https://www.econbiz.de/10005310315
Inequality measurement involves explicit or implicit value judgements. The subjective approach to inequality …
Persistent link: https://www.econbiz.de/10005310316
This paper presents evidence on the consequences of the 1912 introduction of "quasiuniversal" male suffrage in Italy. The reform increased the electorate from slightly less than three million to 8,650,000 and left the electoral rules and the district boundaries unchanged. This allows us to...
Persistent link: https://www.econbiz.de/10009368612
inequality of opportunity, as well as to greater output. This provides an additional rationale for an active role for the …
Persistent link: https://www.econbiz.de/10005797441
We develop two simple measures of how much inequality is explained by individual population characteristics or groups … several alternative theoretically consistent approaches to inequality decomposition. Results are illustrated using US PSID …
Persistent link: https://www.econbiz.de/10005797447