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An Adverse Social Welfare Effect of Quadruply Gainful Trade
Stark, Oded; Kosiorowski, Grzegorz - 2020
technology that integrates two economies by merging separate social spheres into one. We define a "trembling trade" as a … reduced. We show that a "trembling trade" can arise even when trade is more gainful in four ways: through trade the absolute …Acknowledging that individuals dislike having low relative income renders trade less attractive when seen as a …
Persistent link: https://www.econbiz.de/10012322560
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Why praise inequality? Public good provision, income distribution and social welfare
Dasgupta, Indraneel - 2009
We consider a two-person Cournot game of voluntary contributions to a public good with identical individual preferences, and examine equilibrium aggregate welfare under a separable, symmetric and concave social welfare function. Assuming the public good is pure, Itaya, de Meza and Myles (Econ....
Persistent link: https://www.econbiz.de/10010269097
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Inequality, inequity aversion, and the provision of public goods
Kölle, Felix; Sliwka, Dirk; Zhou, Nannan - 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/10010278642
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Why Praise Inequality? Public Good Provision, Income Distribution and Social Welfare
Dasgupta, Indraneel - Institute for the Study of Labor (IZA) - 2009
We consider a two-person Cournot game of voluntary contributions to a public good with identical individual preferences, and examine equilibrium aggregate welfare under a separable, symmetric and concave social welfare function. Assuming the public good is pure, Itaya, de Meza and Myles (Econ....
Persistent link: https://www.econbiz.de/10005822299
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Inequality, Inequity Aversion, and the Provision of Public Goods
Kölle, Felix; Sliwka, Dirk; Zhou, Nannan - Institute for the Study of Labor (IZA) - 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/10008839287
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The World Distribution of Income and Income Inequality
Heshmati, Almas - 2004
This review covers a range of measures and methods frequently employed in empirical analysis of global income inequality and global income distribution. Different determinant factors along with quantification of their impacts and empirical results from different case studies are presented. These...
Persistent link: https://www.econbiz.de/10010262018
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Continental and Sub-Continental Income Inequality
Heshmati, Almas - 2004
Income inequality can be measured at different levels of aggregation such as global, continental, international and national levels. Here we consider income inequality at regions defined as equivalent of continental and sub-continental levels. We investigate the economic disparity between...
Persistent link: https://www.econbiz.de/10010262022
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Does size matter? The impact of changes in household structure on income distribution in Germany
Peichl, Andreas; Pestel, Nico; Schneider, Hilmar - 2010
In Germany, two observations can be made over the past 20 years: First, income inequality has been constantly increasing while, second, the average household size has been declining dramatically. The analysis of income distribution relies on equivalence-weighted incomes which take into account...
Persistent link: https://www.econbiz.de/10010269667
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Causes of changing earnings inequality
Snower, Dennis J. - 1999
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....
Persistent link: https://www.econbiz.de/10010272949
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Economic Integration, Wage Policies and Social Policies
Pflüger, Michael - 2003
identical countries induces a relocation of firms which increases with the level of economic integration as measured by trade …This paper uses a two country trade and geography model of monopolistic competition to study the effects of wage … the level of integration is shown to be bell-shaped. …
Persistent link: https://www.econbiz.de/10010262711