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Stranded! : how rising inequality suppressed US migration and hurt those “left behind”
Bayoumi, Tamim A.; Barkema, Jelle - 2019
Using bilateral data on migration across US metro areas, we find strong evidence that increasing house price and income … inequality has reduced long distance migration, the type most linked to jobs. For those migrating uphill, from a less to a more … dominate the incentives from higher earnings. By contrast, increasing income inequality drives the fall in downhill migration …
Persistent link: https://www.econbiz.de/10012022044
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The impact of international migration on inclusive growth : a review
Koczan, Zsoka; Peri, Giovanni; Pinat, Magali; Rozhkov, … - 2021
International migration is an important channel of material improvement for individuals and their offspring. The … technological transfers. This paper surveys our understanding of how migration affects growth and inequality through the impact on …
Persistent link: https://www.econbiz.de/10012518988
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Hollowing out : the channels of income polarization in the United States
Alichi, Ali; Mariscal, Rodrigo; Muhaj, Daniela - 2017
Data show that middle-income households have continued moving down, and less so up, the income distribution in the United States since the 1970s-a phenomenon that is often referred to as the polarization or 'hollowing out' of the income distribution. While the level of income polarization is...
Persistent link: https://www.econbiz.de/10011763599
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Generational aspects of inclusive growth
Baduel, Bénédicte; Isakova, Asel; Ter-Martirosyan, Anna - 2021
Sharing economic benefits equitably across all segments of society includes addressing the specific challenges of different generations. At present, youth and elderly are particularly vulnerable to poverty relative to adults in their middle years. Broad-based policies should aim to foster youth...
Persistent link: https://www.econbiz.de/10012518902
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Trade and inclusive growth
Bacchetta, Marc; Cerra, Valerie; Piermartini, Roberta; … - 2021
This paper surveys the literature on the relationship between international trade and inclusive growth. It examines claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition, especially from EMEs like China, spurring trade tensions and...
Persistent link: https://www.econbiz.de/10012518909
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Financial globalization and inequality : capital flows as a two-edged sword
Eichengreen, Barry; Csonto, Balazs; ElGanainy, Asmaa Adel; … - 2021
Persistent link: https://www.econbiz.de/10012487207
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Functional income distribution and its role in explaining inequality
Francese, Maura; Mulas Granados, Carlos - 2015
Cover -- Contents -- Abstract -- I. Introduction -- II. Review of the Literature -- III. Income Shares or the Distribution of Income? A Look at Household Data -- IV. Labor Share and Inequality in a Macro Framework -- V. Conclusion -- Figures -- 1. Income Inequality and Wage Share in Group of...
Persistent link: https://www.econbiz.de/10012418264
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Growth-equity trade-offs in structural reforms
Ostry, Jonathan David; Berg, Andrew; Kothari, Siddharth - 2018
Do structural reforms that aim to boost potential output also change the distribution of income? We shed light on this question by looking at the broad patterns in the cross-country data covering advanced, emerging-market, and low-income countries. Our main finding is that there is indeed...
Persistent link: https://www.econbiz.de/10011799605
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Inequality, Leverage and Crises
Ranciere, Romain - 2010
The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 both exhibited a large increase in the income share of the rich, a large increase in leverage for the remainder, and an eventual financial...
Persistent link: https://www.econbiz.de/10014402855