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main patterns of inequality, between and within the social groupings. We find that the effects of peer pressure on within …-group inequality differ between groups. We also find that wealth and consumption inequality increase within groups who aspire to match … social targets from a higher class, despite a reduction in within-group inequality in hours and earnings. …
Persistent link: https://www.econbiz.de/10012103597
in wealth and health, implying persistent increases in wealth inequality that are characterised by increases in wealth … and/or with lower wealth. These changes lead to inequality in exposure to post-pandemic income risk and, in particular, an … incentivising investment in health for those with low wealth and health, it reduces health inequality and, in the short run, the …
Persistent link: https://www.econbiz.de/10012697960
for all households, and an increase in wealth inequality. Nevertheless, welfare losses are bigger for households with …
Persistent link: https://www.econbiz.de/10012103582
Our goal is to examine the income inequality and welfare effects of the direct distribution of resource rents and … rents-induced inequality. …
Persistent link: https://www.econbiz.de/10010361509
We study the short and long run responses of income inequality to positive per capita oil and gas rent shocks in Iran … and statistically significant response of income inequality to oil rent booms within 4 years of the shock. In addition … per capita leads to an approximately 1.4-percent increase in income inequality. The results are robust to controlling for …
Persistent link: https://www.econbiz.de/10011793996
This study examines the impact of international economic sanctions, imposed on Iran due to its nuclear program, on the development of the middle class. Specifically, it investigates how the middle class in Iran would have developed in the absence of these sanctions post-2012. To address this...
Persistent link: https://www.econbiz.de/10014563835