Showing 1 - 10 of 87
This paper offers a unique quantitative evaluation of the distribution of the welfare of a water privatization …-offs, with an uneven gain distribution within factor categories and foreign actors clearly favored over domestic actors. This …
Persistent link: https://www.econbiz.de/10009399719
Economists tend to agree that international trade liberalization brings significant gains from trade to countries engaging in such a process. At the same time however, public opinion is much less optimistic and there is a widespread concern that the current sharing of the gains from trade is...
Persistent link: https://www.econbiz.de/10005662196
world-wide rates of return, international capital flows and the distribution of wealth and welfare in the OECD. We find that …
Persistent link: https://www.econbiz.de/10005666790
We develop an equilibrium search-matching model with risk-neutral agents and two-sided ex-ante heterogeneity. Unemployment insurance has the standard effect of reducing employment, but also helps workers to get a suitable job. The predictions of our simple model are consistent with the...
Persistent link: https://www.econbiz.de/10005788908
change the international and national distribution of skills and thereby equality in the receiving society. This paper …
Persistent link: https://www.econbiz.de/10005791628
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained. Finally,...
Persistent link: https://www.econbiz.de/10005792213
This paper uses a price-leadership model of the international vanilla market to study the welfare consequences of alternative pricing policies for Madagascar – a country that controls domestic production through a single-channel marketing system and is the leader in the vanilla market....
Persistent link: https://www.econbiz.de/10005123561
distribution. We show that over the entire period 1966-2001, as well as over 1997-2001, only the top 10 percent of the income … distribution enjoyed a growth rate of real wage and salary income equal to or above the average rate of economy-wide productivity … productivity growth, because half of the income gains went to the top 10% of the income distribution, leaving little left over for …
Persistent link: https://www.econbiz.de/10005123760
We analyze the distribution and concentration of market incomes in Germany in the period 1992 to 2001 on the basis of … substantial drop of median income and a remarkable income growth at the top 0.1% of the income distribution. The increase of …
Persistent link: https://www.econbiz.de/10005124248
The ‘fractal’ nature of the rise in earnings dispersion is one of its key features and remains a puzzle. This paper offers a new perspective on the causes of changes in earnings dispersion, focusing on the role of labour reallocation. Once we drop the assumption that all firms pay a given...
Persistent link: https://www.econbiz.de/10005497843