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counterparts, then by comparing the true and generated values of the Gini coefficient and other inequality indices. The results …
Persistent link: https://www.econbiz.de/10010284587
Using a factor decomposition of the Gini coefficient we measure the contribution to inequality of direct monetary …
Persistent link: https://www.econbiz.de/10012234206
We study the dynamics of capital accumulation, income inequality, capital concentration, and voting up to 1914. Based on new panel data for Prussian regions, we re-evaluate the famous Revisionism Debate between orthodox Marxists and their critics. We show that changes in capital accumulation led...
Persistent link: https://www.econbiz.de/10014467800
The purpose of this paper is to establish some basic facts about income inequality in the Philippines, with a special focus on the importance of spatial income inequality. Despite major fluctuations in macroeconomic performances, income inequality remained relatively stable during the years...
Persistent link: https://www.econbiz.de/10010284566
Adam Smith, Tom Paine, John Stuart Mill and Karl Marx were all bold and outspoken about the injustices of extreme inequality, nationally and internationally. Yet by almost every standard, global inequality has grown substantially since they were writing, and national income inequality also over...
Persistent link: https://www.econbiz.de/10010330127
reduces overall inequality by almost 7 Gini points. This reduction is mainly driven by in-kind benefits while the impact of …
Persistent link: https://www.econbiz.de/10011842213
State and to a net reduction in the final income Gini index by 15.9%. We conclude by arguing that further advancements …
Persistent link: https://www.econbiz.de/10014548568
The objective of this paper is to study the dynamics of the wealth distribution over the path of economic development. More specifically, we are interested in distinguishing between changes which seem to be country specific and characteristics shared by all countries. A historical account of the...
Persistent link: https://www.econbiz.de/10010284643
Systematic information on household financial asset holdings in developing countries is very sparse; we review some available data and current policy debates. Although financial asset holdings by households are highly concentrated, deeper financial systems are correlated with improved income...
Persistent link: https://www.econbiz.de/10010284833
A series of experiments compares bargaining behavior under three different settings: no arbitration, conventional and final offer arbitration. Under no arbitration disputes with zero payoffs were around 10%, while the pie was equally split in less than half of the cases. Under conventional...
Persistent link: https://www.econbiz.de/10010297233