account (covering education and training), and a health account (covering insurance against sickness and disability). Unlike …, cushioning people against economic risk, ensuring efficient provision of health and education services, providing social safety …

unemployment rates. It may be the case that this locus is steep enough to generate increasing returns to education. This may lead … to multiple equilibria: a high-education equilibrium may coexist with a low-education equilibrium. In the former, the … Pareto-ranked, but the latter is preferred to the former by workers, while `savers' prefer the high-education equilibrium. …

dynamics. We investigate the case of Greece, which has had a polarized political system and a problem of persistently high …

To-date the macroeconomic conditions-mortality literature on income-related inequality in mortality has relied on … highlight the importance of: i) measurement of relative versus absolute inequality; ii) measurement of inequality by population …-level statistics of inequality (concentration indices) versus subgroup analysis; iii) measurement of short versus long-term income. We …

because European nations were in effect trying to fight market tendencies towards increased inequality. In the United States …, with its much more limited welfare state, there has been a striking rise in inequality; a stylized model suggests that the …