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implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the … distribution has become more relatively equal due to falling inter-country relative inequality, and that by some measures global … "inequality convergence" with previously more equal countries becoming less equal over time and the obverse. We provide support …
Persistent link: https://www.econbiz.de/10010516222
less in favor of income redistribution. In societies with a high level of actual social mobility, income inequality is …In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the …
Persistent link: https://www.econbiz.de/10010329928
This paper analyses the effects of so-called "green" tax reforms on a small, open economy producing an imperfect substitute for foreign goods, using an intertemporal general equilibrium model. The labour market is characterised by union wage setting, and a fixed exchange rate implies wage...
Persistent link: https://www.econbiz.de/10011967955
This paper analyses the non-environmental welfare costs of an environmental tax reform using a numerical intertemporal general equilibrium model for the Norwegian economy. The tax reform is revenue neutral such that an increase in the carbon tax rate is accompanied by a reduction in the payroll...
Persistent link: https://www.econbiz.de/10011967957
The working of the labour market is important for the total welfare effects of tax reforms. This paper analyses, by using a computable general equilibrium model for the Norwegian economy, how different assumptions about labour mobility between industries and wage formation influence the...
Persistent link: https://www.econbiz.de/10011968013
carbon taxes, encounter other problems: The redistribution of property rights implied by introduction of such instruments is …
Persistent link: https://www.econbiz.de/10011968031
The market power of firms in intermediate good markets is found to generate a substantial welfare cost. Markup pricing of intermediate good firms contributes to increase the wedge between the marginal product of labor and the wage rate received by workers, as intermediate good firms add...
Persistent link: https://www.econbiz.de/10011968272
Interest in the emergence of a global middle class has resulted in a number of attempts to identify and enumerate who belongs to it . Current research provides wildly different estimates about the size and evolution of the global middle class because of a lack of consensus on appropriate...
Persistent link: https://www.econbiz.de/10011411753
inequality: On the one hand, they have to scale-up domestic resource mobilisation in order to enhance social investments and re-distribution …A body of recent research is pointing to a growing inequality in many countries. The current debate focuses on high … indicates that growing inequality can also be observed in many developing countries, in particular if top income and wealth …
Persistent link: https://www.econbiz.de/10010491465
Indirect taxes on transportation activities that pollute can correct externalities and close the gaps between private and social costs. However, policy makers often find such Pigou taxes difficult to implement because of political resistance due to possibly adverse affects on equity. For this...
Persistent link: https://www.econbiz.de/10011968198