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Trade, Education, and the Shrinking Middle Class
Blanchard, Emily J. - 2013
We develop a new model of trade in which educational institutions drive comparative advantage and determine the distribution of human capital within and across countries. Our framework exploits a multiplicity of sectors and the continuous support of human capital choices to demonstrate that...
Persistent link: https://www.econbiz.de/10013085747
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Redistributive Politics and the Tyranny of the Middle Class
Zoutman, Floris - 2016
The Netherlands has a unique tradition in which all major Dutch political parties provide CPB Netherlands Bureau for Economic Policy Analysis with highly detailed proposals for the tax benefit system in every national election. This information allows us to quantitatively measure the...
Persistent link: https://www.econbiz.de/10012991936
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Hours Worked in Europe and the US : New Data, New Answers
Bick, Alexander - 2016
Western Europe, but by lower employment rates in Eastern and Southern Europe …
Persistent link: https://www.econbiz.de/10012981284
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Evaluating Real World Income Distributions Behind the Veil of Ignorance - How Risk Averse Do You Have to Be to Prefer Europe Over the US?
Weichenrieder, Alfons J. - 2013
The paper uses a veil of ignorance approach and income distribution data of developed countries to arrive at inequality …
Persistent link: https://www.econbiz.de/10013092158
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Wealth Inequality and Homeownership in Europe
Kaas, Leo - 2015
The recently published Household Finance and Consumption Survey has revealed large differences in wealth inequality … between the countries of the Euro area. We find a strong negative correlation between wealth inequality and homeownership … by homeownership status shows that the negative relationship is mostly driven by large between-group inequality across …
Persistent link: https://www.econbiz.de/10013014361
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Do Economic Recessions 'Squeeze the Middle-Class'?
Batinti, Alberto - 2017
Economic downturns give rise to unexpected employment shocks that can reshape the distribution of population income, and hence produce a “middle-class squeeze”. However, there is limited empirical evidence testing the latter. This paper aims at testing the ‘middle-class squeeze' hypothesis...
Persistent link: https://www.econbiz.de/10012944980
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Looking Back on Anger : Explaining the Social Origins of Left-Wing and Nationalist - Separatist Terrorism in Western Europe, 1970-2007
Brockhoff, Sarah - 2012
A unique dataset is used to separately analyze the social origins of left-wing and nationalist-separatist terrorism in 17 Western European countries between 1970 and 2007. We argue that the differences in the historic roots, ultimate goals as well as their negotiability, levels of domestic and...
Persistent link: https://www.econbiz.de/10013107350
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Inequality and Happiness: When Perceived Social Mobility and Economic Reality do not Match
Bjørnskov, Christian; Dreher, Axel; Fischer, Justina A.V. - CESifo - 2010
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10008671705
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The Overvaluation of Renminbi Undervaluation
Cheung, Yin-Wong; Chinn, Menzie D.; Fujii, Eiji - CESifo - 2007
We evaluate whether the Renminbi (RMB) is misaligned, relying upon conventional statistical methods of inference. A framework built around the relationship between relative price and relative output levels is used. We find that, once sampling uncertainty and serial correlation are accounted for,...
Persistent link: https://www.econbiz.de/10005196252
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International Income Inequality : Measuring PPP Bias by Estimating Engel Curves for Food
Almås, Ingvild - 2010
income inequality is substantially underestimated. Our methodological contribution is to exploit the analogies between PPP …
Persistent link: https://www.econbiz.de/10013135914