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While the allocative efficiency of mobility is typically considered to be positive but small in the long run, the induced changes in equality may be considerable in size. In practice, however, migrants typically improve their income position in comparison to those at home, stimulate the economic...
Persistent link: https://www.econbiz.de/10010268747
We investigate the effects of inequality in wealth on the incentives to contribute to a public good when agents are … generated by purely selfish agents. But introducing inequality motivates more productive agents to exert higher efforts and help … disadvantageous inequality. Moreover, the more inequity averse the agents, the more inequality should be imposed even by an …
Persistent link: https://www.econbiz.de/10010278642
inequality is permanent, the increase in growth appears to be permanent. However, our estimates imply that it would take 13 years …
Persistent link: https://www.econbiz.de/10010269773
In view of rising wage and income inequality, the introduction of a legal minimum wage has recently become an important … reducing income inequality, even if it led to a substantial increase in hourly wages at the bottom of the wage distribution …
Persistent link: https://www.econbiz.de/10010269901
in income inequality. Our results indicate rising levels of inequality during war and especially in the early period of … post-war reconstruction. However, we find that this rise in income inequality is not permanent. While inequality peaks …-war reconstruction seem to be valid explanations for these patterns of inequality. A series of alternative specifications confirms the …
Persistent link: https://www.econbiz.de/10010269837
are analogous to the widely-used decompositions of inequality indices by population subgroup, except that they summarize … are not dependent on the choice of a specific summary index. Nonetheless, since inequality and poverty indices can be …
Persistent link: https://www.econbiz.de/10010276944
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 … within a country share the same redistributive policies and institutions. The findings suggest that inequality between the 90 …
Persistent link: https://www.econbiz.de/10010278526
plays on the world stage. The main thesis of our work is that, despite the triumphant rhetoric praising the merits of … of the neoliberal edifice: (i) the systemic creation and preservation of inequality via Call-Put policy options, and (ii …) the systemic exploitation of inequality via novel and toxic forms of securitisation. In effect, the power structure of …
Persistent link: https://www.econbiz.de/10010282231
We examine the dynamic evolution of incomes, both disposable and gross, for several groups in the PSID panel data at several points from 1968 to 1997. We employ the extended Kolmogorov-Smirnov tests of First and Second Order Stochastic Dominance (SD) as implemented by Maasoumi and Heshmati...
Persistent link: https://www.econbiz.de/10010267644
This paper uses sequential stochastic dominance procedures to compare the joint distribution of health and income across space and time. It is the first application of which we are aware of methods to compare multidimensional distributions of income and health using procedures that are robust to...
Persistent link: https://www.econbiz.de/10010269622