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, increased that for higher-paid employees, and led to an increase in income inequality. Thus, the more important aspects of new …
Persistent link: https://www.econbiz.de/10010287798
dramatic transformations in the past century. While Classical economists advanced the hypothesis that inequality is beneficial …
Persistent link: https://www.econbiz.de/10010284077
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high levels of inequality. Decomposition analysis shows that poverty reduction in Namibia is largely driven by growth in … mean incomes rather than redistribution. Even so, there have been important changes in inequality, especially between … different social groups, as educational attainment has replaced ethnicity as the main determinant of inequality between groups. …
Persistent link: https://www.econbiz.de/10010293269
economic outcomes such as income growth, poverty and inequality indicators. Our analysis is based on microsimulations for eight … poverty and inequality. …
Persistent link: https://www.econbiz.de/10010293303
We present new evidence on the influence of income inequality on generalized trust. Using individual panel data from … income inequality and trust is particularly strong for people with a strong aversion against income differentials. We also …
Persistent link: https://www.econbiz.de/10010321606
Do people care about income inequality and does income inequality affect subjective well-being? Welfare theories can … predict either a positive or a negative impact of income inequality on subjective well-being and empirical research has found … such empirical heterogeneity. Using a very large sample of world citizens we test the consistency of income inequality in …
Persistent link: https://www.econbiz.de/10010336043
disclose the dramatic upward trend in inequality. On this basis, we estimate a two-equation model for the income distribution … labour share fall, while its increase in the 2000s prevented inequality from worsening three times more than it actually did …. In turn, had financialisation not increased after 2005, inequality would have decreased to its level in the early …
Persistent link: https://www.econbiz.de/10010368155