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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
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 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
? How do the facts relate to proposed theories about changes in inequality? We present the main inequality trends, in some …-called top income literature and new evidence on wealth concentration. The picture that emerges shows that inequality was … increasing concentration, but in most cases inequality seems to have been relatively constant at a high level in the nineteenth …
Persistent link: https://www.econbiz.de/10010377364
? How do the facts relate to proposed theories about changes in inequality? We present the main inequality trends, in some …-called top income literature and new evidence on wealth concentration. The picture that emerges shows that inequality was … increasing concentration, but in most cases inequality seems to have been relatively constant at a high level in the nineteenth …
Persistent link: https://www.econbiz.de/10010764612
Mobility of workers involves flows of labour, human capital and other production factors and thus contributes to a more efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also change the international and national...
Persistent link: https://www.econbiz.de/10010268676
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 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
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
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over … possible rationale for recent inequality developments. …
Persistent link: https://www.econbiz.de/10010272949