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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
results from different case studies are presented. These results are further contrasted to those obtained based on the World … the concepts, measurement and decomposition of inequality, the world distribution of income and inequality measured at … those based on the World Income Inequality Database. Research on the world income inequality supports increased awareness of …
Persistent link: https://www.econbiz.de/10010262018
. We investigate the economic disparity between regions of the world and among countries within each continent or …
Persistent link: https://www.econbiz.de/10010262022
This paper analyzes the distributive impacts of violent conflicts, which is in contrast to previous literature that has focused on the other direction. We use cross-country panel data for the time period 1960-2005 to estimate war-related changes in income inequality. Our results indicate rising...
Persistent link: https://www.econbiz.de/10010269837
plays on the world stage. The main thesis of our work is that, despite the triumphant rhetoric praising the merits of …
Persistent link: https://www.econbiz.de/10010282231
In the past few decades, technological progress has led to the digitization and digitalization of economies into what one could now call digital economies. The COVID-19 pandemic will accelerate the development of the digital economy. In a digital economy, digital entrepreneurs pursue...
Persistent link: https://www.econbiz.de/10012322466
This paper reviews evidence from 44 middle income countries on how the recent financial crisis affected jobs and workers' income. In addition to providing a rare assessment of the magnitude of the impact across several middle-income countries, the paper describes how labor markets adjusted and...
Persistent link: https://www.econbiz.de/10010280687
This paper analyzes the interaction between intergenerational wealth transmission, human capital investments under uninsurable labor income risk, and economic growth in a small open overlapping-generations economy with heterogeneous agents. It demonstrates how the role of the personal income...
Persistent link: https://www.econbiz.de/10010261651
This paper is a review of the recent advances in the measurement of inequality. Inequality can have several dimensions. Economists are mostly concerned with the income and consumption dimensions of inequality. Several inequality indices including the most widely used index of inequality namely...
Persistent link: https://www.econbiz.de/10010261969
In this paper, we analyze the extent to which market forces create an incentive for cloning human beings. We show that a market for cloning arises if a large enough fraction of the clone?s income can be appropriated by its model. Only people with the highest ability are cloned, while people at...
Persistent link: https://www.econbiz.de/10010262438