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Distributional Consequences of Capital Accumulation, Globalisation and Financialisation in the US
Karanassou, Marika - 2013
In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the functional-personal income distribution nexus. We analyse the labour share under the prism of monopoly and frictional growth, and disclose the dramatic upward trend in...
Persistent link: https://www.econbiz.de/10013085470
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Why are Household Incomes More Unequally Distributed in China than in Russia?
Gustafsson, Björn - 2010
in Russia 2003. A much larger urban to rural income gap in combination with a much smaller proportion of people living in …-equalising income source in China than in Russia. While Russian public transfers reduce income inequality, Chinese public transfers … residents in China and in urban Russia to be very similar …
Persistent link: https://www.econbiz.de/10013134822
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Inequality and Volatility Moderation in Russia : Evidence from Micro-Level Panel Data on Consumption and Income
Gorodnichenko, Yuriy - 2009
We construct key household and individual economic variables using a panel micro data set from the Russia Longitudinal …
Persistent link: https://www.econbiz.de/10013158667
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Polarization or Upgrading? Evolution of Employment in Transitionary Russia
Gimpelson, Vladimir - 2014
This paper discusses the structural change in the Russian employment and explores whether the evolution of employment over 2000-2012 followed the scenario of progressive upgrading in job quality or brought about the polarization of jobs in terms of their quality. Jobs are defined here as...
Persistent link: https://www.econbiz.de/10013039608
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Investment Crowding-Out and Labor Market Effects of Financialization in the U.S
González, Ignacio - 2013
This paper studies the impact of financialization on unemployment in the U.S. We estimate a dynamic multi-equation macro labor model including labor demand, labor supply, wage-setting and capital accumulation equations. Financialization appears as a key determinant of capital accumulation which,...
Persistent link: https://www.econbiz.de/10013084673
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Inequality Perceptions, Distributional Norms, and Redistributive Preferences in East and West Germany
Kuhn, Andreas - 2011
This paper studies differences in inequality perceptions, distributional norms, and redistributive preferences between East and West Germany. As expected, there are substantial differences with respect to all three of these measures. Surprisingly, however, differences in distributional norms are...
Persistent link: https://www.econbiz.de/10013128215
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Inequality, Inequity Aversion, and the Provision of Public Goods
Kölle, Felix - 2011
We investigate the effects of inequality in wealth on the incentives to contribute to a public good when agents are inequity averse and may differ in ability. We show that equality may lead to a reduction of public good provision below levels generated by purely selfish agents. But introducing...
Persistent link: https://www.econbiz.de/10013129910
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The Shape of the Income Distribution and Economic Growth : Evidence from Swedish Labor Market Regions
Rooth, Dan-Olof - 2011
We analyze the association between inequality and growth across 72 labor market regions in Sweden 1990-2006. Highly accurate measures of growth and inequality (gini, Q3, p9075, p5010) are derived from population register data. The regional set-up also reduces problems with omitted variable bias...
Persistent link: https://www.econbiz.de/10013129935
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Equality of Opportunity and the Distribution of Long-Run Income in Sweden
Bjorklund, Anders - 2011
Equality of opportunity is an ethical goal with almost universal appeal. The interpretation taken here is that a society has achieved equality of opportunity if it is the case that what individuals accomplish, with respect to some desirable objective, is determined wholly by their choices and...
Persistent link: https://www.econbiz.de/10013130461
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Using Pseudo-Panels to Measure Income Mobility in Latin America
Cuesta, Jose - 2011
This paper presents a comparative overview of mobility patterns in 14 Latin American countries between 1992 and 2003. Using three alternative econometric techniques on constructed pseudo-panels, the paper provides a set of estimators for the traditional notion of income mobility as well as for...
Persistent link: https://www.econbiz.de/10013130794