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Wealth-income ratios in free market capitalism : Switzerland, 1900-2020

Baselgia, Enea; Martínez, Isabel - 2022

We estimate the ratio of private wealth to national income, βpt, for Switzerland from 1900 to 2020. Our results indicate that over the 20th century, βpt did not follow a U-shaped pattern as in most European countries. Instead, its was exceptionally stable at around 500%. We argue that this...

Persistent link: https://www.econbiz.de/10013384507

Immigration and the distribution of incomes

Blau, Francine D.; Kahn, Lawrence M. - 2013

Immigration may impact income distribution both by affecting the skill composition of a country's residents, and, by … immigration on the native income distribution. We then survey the evidence on this question for several countries, and conclude by … examining the impact of emigration on income distribution in the source country. …

Persistent link: https://www.econbiz.de/10010227178

Finance, labour, capital, and international integration

Bertola, Giuseppe - 2016

Labour incomes depend on structural as well as politico-economic factors, because labour market policies partially remedy the financial market imperfections that make labour income shocks difficult to insure, and have different implications for labour and capital income. This paper illustrates...

Persistent link: https://www.econbiz.de/10011444492

Income inequality, voting over the size of public consumption, and growth

Grossmann, Volker - 2002

According to a standard argument, higher income inequality fosters redistributive activities of the government in favor of the median income earner. This paper shows that if redistribution is achieved by a public provision of goods and services rather than by transfers, higher income inequality...

Persistent link: https://www.econbiz.de/10011409989

French CEO compensations : what is the cost of a mandatory upper limit?

Llense, Fabienne (contributor) - 2008

In the middle of the nineties, the sharp increase in globalisation and the last privatization wave have promoted the shaping of a market for executives in France. Characteristics of this market are estimated for France and a competitive model is simulated in order to assess to what extend such a...

Persistent link: https://www.econbiz.de/10003751204

Explaining the decline in the US labor share : taxation and automation

Heer, Burkhard; Irmen, Andreas; Süssmuth, Bernd - 2022

and traditional capital are complements. The model replicates the dynamics of the observed functional income distribution …

Persistent link: https://www.econbiz.de/10013206154

Inequality and the environment : the economics of a two-headed hydra

Drupp, Moritz A.; Kornek, Ulrike; Meya, Jasper; Sager, Lutz - 2021

distribution of environmental amenities and dis-amenities is associated with income and wealth, second, how economic inequality … the distribution of environmental quality and economic inequality shape welfare considerations underlying public policy …

Persistent link: https://www.econbiz.de/10012694139

Which ladder to climb? : wages of workers by job, plant, and education

Bayer, Christian; Kuhn, Moritz - 2018

Wages grow but also become more unequal as workers age. Using German administrative data, we largely attribute both life-cycle facts to one driving force: some workers progress in hierarchy to jobs with more responsibility, complexity, and independence. In short, they climb the career ladder....

Persistent link: https://www.econbiz.de/10011902849

Wedges : distribution, distortions, and market integration

Bertola, Giuseppe - 2017 - First draft March 2017. This draft August 2017

This paper proposes a stylized model of policy determination and imperfect international integration. A country-specific policy wedge corrects labor market imperfections and/or redistributes welfare across differently wealthy agents. Capital market integration with the rest of the world, indexed...

Persistent link: https://www.econbiz.de/10011718418

The role of trade and offshoring in the determination of relative wages and child labour

Cigno, Alessandro; Giovannetti, Giorgia; Sabani, Laura - 2017

Incorporating family decisions in a two-period.model of the world economy, we predict that trade liberalization raises the skill premium and reduces child labour in developing countries where the adult labour force is sufficiently well educated to attract production activities from abroad that...

Persistent link: https://www.econbiz.de/10011669566

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