Showing 1 - 10 of 10
unimodal one, the evolution of the health distribution has preceded that of income, global inequality and poverty has decreased …, global inequality and poverty would be substantially underestimated if the dependence between the income and health … indicates that global inequality would be underestimated if within-country inequality is not taken into account. Moreover …
Persistent link: https://www.econbiz.de/10010264413
This paper examines the interaction between migration policies of the host and source countries in the context of a model of guest-worker migration. For the host, the objective is to provide low-cost labor for its employers while avoiding illegal immigration. It optimizes over these objectives...
Persistent link: https://www.econbiz.de/10010273812
The paper reviews recent literature on the economics of migration and diasporas, focusing on economic gains and opportunities that these diasporas could represent for home countries. In addition, the paper discusses policies aimed at leveraging this "diaspora capital".
Persistent link: https://www.econbiz.de/10012179905
Credit rationing in the presence of asset inequality affects production and trade pattern in this paper, but not in the …
Persistent link: https://www.econbiz.de/10011615862
high-income households. The model predicts a U-shaped relationship between income inequality and the median … tariff rate over the tax rate to inequality and a set of control variables such as GDP per capita, openness, the degree of …
Persistent link: https://www.econbiz.de/10010261183
can thus increase inequality in the long-run. Depending on the elasticity of substitution between capital and unskilled … show that including the transition period in the welfare evaluation lowers the inequality effects of capital tax reduc …
Persistent link: https://www.econbiz.de/10010277356
We propose a simple mechanism of mimetic dominance whereby a person’s valuation for consuming an object or possessing an attribute is increasing in others’ unmet desire for it. Such mimetic preferences help explain a host of market anomalies and generate novel predictions in a variety of...
Persistent link: https://www.econbiz.de/10012269505
critical contemporary issues without the ammunitions of a more complex neo-classical system. Trade pampers inequality all …. Technological progress without physical capital accumulation magnifies inequality in or out of steady state, generating a Picketty …
Persistent link: https://www.econbiz.de/10012425595
This paper attempts to build up a Heckscher-Ohlin-Samuelson model of production and trade where capital is introduced outside the production process as a financial capital or credit as per the classical Ricardian wage fund framework. Stock of credit or financial capital as past savings, finances...
Persistent link: https://www.econbiz.de/10013266637
specialization and trade on growth and inequality for a small developing country. Among other results, we show that a small … is skilled-labor scarce. We also address the effects of such trade opening on wage inequality. …
Persistent link: https://www.econbiz.de/10012799706