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Do Rising Top Incomes Lift All Boats?
Andrews, Dan - 2010
Pooling data for 1905 to 2000, we find no systematic relationship between top income shares and economic growth in a panel of 12 developed nations observed for between 22 and 85 years. After 1960, however, a one percentage point rise in the top decile's income share is associated with a...
Persistent link: https://www.econbiz.de/10013143686
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An Empirical Analysis of the Dynamics of the Welfare State : The Case of Benefit Morale
Halla, Martin - 2009
Does the supply of a welfare state create its own demand? Many economic scholars studying welfare arrangements refer to Say's law and insinuate a self-destructive welfare state. However, little is known about the empirical validity of these assumptions and hypotheses. We study the dynamic effect...
Persistent link: https://www.econbiz.de/10013159750
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Roots of Inequality
Galor, Oded; Klemp, Marc; Crisóstomo Wainstock, Daniel - 2023
Why does inequality vary across societies? We advance the hypothesis that in a market economy, where earning differentials reflect variations in productive traits among individuals, a significant component of the differences in inequality across societies can be attributed to variation in...
Persistent link: https://www.econbiz.de/10014340990
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Does the Rise of China Lead to the Fall of European Welfare States?
Barth, Erling; Finseraas, Henning; Kjelsrud, Anders; … - 2021
Have recent trends in globalization changed the positive link between trade openness and social insurance? The … globalization that captures the conventional view, but also shows when it will be modified: When the income effect is negative, the …
Persistent link: https://www.econbiz.de/10013249126
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Geography of Skills and Global Inequality
Burzyński, Michał - 2018
This paper analyzes the factors underlying the evolution of the worldwide distribution of skills and their implications for global inequality. We develop and parameterize a two-sector, two-class, world economy model that endogenizes education and mobility decisions, population growth, and income...
Persistent link: https://www.econbiz.de/10012910758
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The Global Inequality Boomerang
Kanbur, Ravi; Ortiz-Juarez, Eduardo; Sumner, Andy - 2022
In this paper we argue that the decline in global inequality over the last decades has spurred a 'sunshine' narrative of falling global inequality that has been rather oversold, in the sense, we argue, it is likely to be temporary. We argue the decline in global inequality will reverse due to...
Persistent link: https://www.econbiz.de/10014083786
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Globalization and Inequality in Latin America
Dix-Carneiro, Rafael; Kovak, Brian - 2023
We survey the recent literature studying the effects of globalization on inequality in Latin America. Our focus is on … dimensions of inequality, and developing new methodologies to capture the many facets of globalization's relationship to … that focus on distinct aspects of globalization's relationship to inequality …
Persistent link: https://www.econbiz.de/10014343853
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Human Capital, Economic Growth, and Inequality in China
Heckman, James J. - 2012
China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled labor acquired before economic reforms began. As development proceeded, the demand for high skilled labor has grown, and, in the past decade, China has made substantial...
Persistent link: https://www.econbiz.de/10013106287
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A Survey of the Role of Fiscal Policy in Addressing Income Inequality, Poverty Reduction and Inclusive Growth
Heshmati, Almas - 2014
A growing concern on widening income gap between the rich and the poor, the policy mismatch in tackling the relative poverty and income inequality have invited increasing volumes of research focusing on the nexus between equity and efficient growth. Developed countries have experienced the...
Persistent link: https://www.econbiz.de/10013054924
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Market Orientation and Gender Wage Gaps : An International Study
Zweimüller, Martina; Winter-Ebmer, Rudolf; … - 2021
Two very different approaches are used to explore the relation between market orientation and gender wage differentials in international data. More market orientation might be related to gender wage gaps via its effects on competition in product and labor markets and the general absence of...
Persistent link: https://www.econbiz.de/10013316922