Empirical evidence on distributional preferences shows that people do not judge inequality as problematic per se but that they take the underlying sources of income differences into account. In contrast to this evidence, current measures of inequality do not adequately reflect these normative...

Der Beitrag analysiert die Argentinien-Krise, vergleicht die makroökonomische Entwicklung von Argentinien, Brasilien, Chile und Mexiko seit der Mexiko-Krise und entwickelt Indikatoren zur Beurteilung der Entwicklungschancen dieser Länder. Für Argentinien wie für Brasilien, Chile und Mexiko...

We analyze whether foreign direct investment (FDI) has contributed to the typically wide income gaps in five Latin American host countries. We perform country-specific and panel cointegration techniques to assess the long-run impact of inward FDI stocks on income inequality among households in...

I investigate how government ideology and globalization are associated with top income shares in 16 OECD countries over the period 1970 to 2010. I use the new World Top Incomes Database. Globalization is measured by the KOF index of globalization. The results show that the top 1% income share...

This paper examines subjective social status to test whether individual comparisons are driven by income and wealth, or social and cultural capital as defined by Bourdieu. The empirical analysis uses a cross-sectional data set of 18 European countries and a mixed model with an MCMC estimation...

This paper seeks to contribute to the ongoing controversy on the distributional effects of structural reforms in developing countries. Applying inequality indices and Fields' (2001) decomposition methodology to Bolivian household survey data of the years 1989 to 1997, we identify recent trends...

There is a large body of literature analyzing the onset of the Great Depression or the factors influencing economic recovery in the 1930s, especially the New Deal. The role of income inequality before and during the Great Depression, however, has almost never been discussed thoroughly. This...

Amidst considerable debate on the relationship between entrepreneurship and economic inequality, scholarship only indirectly addresses how entrepreneurship informs individuals' relative well-being. We theorize on the nuanced relationship between entrepreneurship and equality of eudaimonic...

The large increase in economic inequality and the dismantling of the welfare state in Western democracies has been connected to the rise of populist parties. If populist voting is explained by fear and labor market insecurity and if people care more about procedural fairness than inequality of...

What was the impact of urban political structure on economic inequality in preindustrial times? I document that more closed political institutions were associated with higher economic inequality in a panel of early modern German cities. To investigate the mechanisms behind that...