Showing 1 - 10 of 21
This study explores the relationship between inequality and structural transformation by constructing a theoretical model, developing analytical frameworks, and implementing a case study. The general equilibrium model we develop demonstrates that inequality exhibits an inverted U shape as...
Persistent link: https://www.econbiz.de/10011688631
We study the dynamics of capital accumulation, income inequality, capital concentration, and voting up to 1914. Based on new panel data for Prussian regions, we re-evaluate the famous Revisionism Debate between orthodox Marxists and their critics. We show that changes in capital accumulation led...
Persistent link: https://www.econbiz.de/10014467800
The purpose of this paper is to establish some basic facts about income inequality in the Philippines, with a special focus on the importance of spatial income inequality. Despite major fluctuations in macroeconomic performances, income inequality remained relatively stable during the years...
Persistent link: https://www.econbiz.de/10010284566
Adam Smith, Tom Paine, John Stuart Mill and Karl Marx were all bold and outspoken about the injustices of extreme inequality, nationally and internationally. Yet by almost every standard, global inequality has grown substantially since they were writing, and national income inequality also over...
Persistent link: https://www.econbiz.de/10010330127
State and to a net reduction in the final income Gini index by 15.9%. We conclude by arguing that further advancements …
Persistent link: https://www.econbiz.de/10014548568
with the changes in dual economic transformation in different regions. A marginal decomposition analysis on the Gini …
Persistent link: https://www.econbiz.de/10011688752
, while educational inequality, measured by the education Gini index, has a negative effect on income distribution. Higher …
Persistent link: https://www.econbiz.de/10011688755
A series of experiments compares bargaining behavior under three different settings: no arbitration, conventional and final offer arbitration. Under no arbitration disputes with zero payoffs were around 10%, while the pie was equally split in less than half of the cases. Under conventional...
Persistent link: https://www.econbiz.de/10010297233
This paper assesses the effects of the most recent monetary policy behavior of the Bank of Japan (BOJ) (in particular, zero interest rate policy and negative interest rate policy) and Japanese tax policy on income inequality in this country during the period of 2002Q1 to 2017Q3. The vector error...
Persistent link: https://www.econbiz.de/10011944221
From April 2013 until May 2016, Japan's monetary base rose from ¥155 trillion to ¥387 trillion as part of the Bank of Japan's (BOJ) quantitative and qualitative easing (QQE) monetary policy for achieving a price stability target of 2%. Although the main objective of the BOJ's quantitative...
Persistent link: https://www.econbiz.de/10011944275