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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
We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the … trade openness on income inequality differs across countries. Trade openness tends to disproportionately benefit the … economies, trade openness increased income inequality, an effect that is driven by outliers. Our results suggest a strong effect …
Persistent link: https://www.econbiz.de/10012599018
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … between globalization and income inequality differs across different groups of countries. There is a robust positive … relationship between globalization and inequality in the transition countries including China and most countries of Middle and …
Persistent link: https://www.econbiz.de/10011789164
for all households, and an increase in wealth inequality. Nevertheless, welfare losses are bigger for households with …
Persistent link: https://www.econbiz.de/10012103582