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modest increase in overall inequality of market incomes as measured by the Gini coefficient. However, we also document a … income inequality was stronger in East Germany than in West Germany. In both regions, the income concentration process …
Persistent link: https://www.econbiz.de/10010272712
We provide an analytical framework within which changes in income inequality over time are related to the pattern of … income inequality grew substantially), and also for income growth to have been pro-poor. Income growth was also pro-poor in … Western Germany, more so than in the USA, and inequality did not rise as much. …
Persistent link: https://www.econbiz.de/10010276926
Two conversion schemes are usually employed for assessing personal-income inequality from household equivalent incomes … country inequality rankings to conversion schemes and explain the finding by means of inequality decomposition. A bootstrap …
Persistent link: https://www.econbiz.de/10010285741
This paper documents the magnitude, pattern, and evolution of lifetime earnings inequality in Germany. Based on a large …. Earnings data for thirty-one cohorts reveals striking evidence of a secular rise of intra-generational inequality in lifetime … earnings: West-German men born in the early 1960s are likely to experience about 80 % more lifetime inequality than their …
Persistent link: https://www.econbiz.de/10010287243
While standard political economy theories suggest a moderating effect of democratization on income inequality … first, that prevailing ideology may be an important determinant of inequality and, second, that the democratization effect … income groups, hence democratization may have only a negligible effect on inequality. On the other hand, in societies where …
Persistent link: https://www.econbiz.de/10011397917
We introduce permanently-shifting income shares into a standard growth model with two types of agents. Capital owners represent the top quintile of U.S. households while workers represent the remainder. Our tractable model allows us to exactly replicate the observed U.S. time paths of the top...
Persistent link: https://www.econbiz.de/10011343080
We examine the determinants of income mobility and inequality in a Ramsey model with elastic labor supply and … relationship between mobility and inequality is complex. For example, a reduction in the interest rate and an increase in the wage … rate reduce capital income inequality and allow upward mobility of the ability-rich. However, the increase in the labor …
Persistent link: https://www.econbiz.de/10010227190
This paper studies theoretically and empirically why and how labor policies may reduce productivity and employment in order to stabilize labor incomes and redistribute resources. It proposes a specific stylized model where the tradeoffs facing labor policies are influenced by structural factors,...
Persistent link: https://www.econbiz.de/10010199422
We show that a recent appendix to the Gini-coefficient to make the latter more sensitive to asymmetric income distributions can be viewed as an abstract measure of skewness. We develop some of its properties and apply it to the US-income distribution in 1974 and 2010.
Persistent link: https://www.econbiz.de/10011497895
Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can … powerful buyer can trade with one of several sellers- an environment that can lead to pronounced inequality among the … inequality. …
Persistent link: https://www.econbiz.de/10011405188