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In the distributive analysis, the constant relative inequality aversion utility function is a standard tool for ethical … judgements of income distributions. The sole parameter ε of this function expresses a society's aversion to inequality. However … inequality aversion utility function using datasets available from the Luxembourg Income Study Database. We utilise the method of …
Persistent link: https://www.econbiz.de/10013467156
opportunities but at the same time also contributed to greater wage inequality. Finally, the growth in the supply of skilled workers … identifies the relevant pathways between macro-economic developments and earnings inequality among the whole working … inequality; it transmitted inequality mainly through raising wage dispersion. Economic globalisation, in terms of both rapidly …
Persistent link: https://www.econbiz.de/10010335507
conditioning on a variety of country-level factors that may matter for growth and inequality changes. This evidence confirms the … also small relative to the variation in growth in average incomes, implying that the latter accounts for most of the … variation in income growth in the poorest quintiles. These findings hold across most regions and time periods and when …
Persistent link: https://www.econbiz.de/10010335550
Understanding the complex relations between trade integration and poverty reduction is now a priority for Latin American policymakers. The chapters of this book, penned by eminent authors with a long-standing record in the field, represent the current state of knowledge about trade and poverty...
Persistent link: https://www.econbiz.de/10010772398
of the environment in development, income inequality and the economic conditions in Haiti. Throughout this project, the …
Persistent link: https://www.econbiz.de/10010672467
growth in the short term, while the impact of income inequality on growth is statistically insignificant. Our results are …This study examines empirically the impact of income polarization on economic growth in an unbalanced panel of more …-level datasets, as well as datasets reconstructed from grouped data on income distribution taken from the World Income Inequality …
Persistent link: https://www.econbiz.de/10010335431
This paper is an empirical overview of inequalities of pension outcomes in six European countries, which are shaped by a variety of institutional pensions schemes. The study contrasts pension system regulation in Denmark, Finland, Germany, Italy, Sweden and the United Kingdom; and analyses their...
Persistent link: https://www.econbiz.de/10011335792
episodes in order to prevent rising income inequality. …
Persistent link: https://www.econbiz.de/10011335798
The relationship between income inequality and polarization is an empirical fact: a change in equality might occur … together with a change in polarization. At the same time, polarization might emerge while inequality remains constant. The …
Persistent link: https://www.econbiz.de/10011335810
This paper presents findings on the changing effectiveness of cash transfers and income taxes on inequality and poverty … and inequality. The strength of the relationship varies between countries and in some cases between the all age and the …
Persistent link: https://www.econbiz.de/10011335815