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Current studies addressing the rise in inequality confine themselves to country-level developments. This paper delineates trends in earnings inequality and employment at the sectoral level for eight LIS countries between 1985-2005. Earnings inequality mainly manifests itself within rather than...
Persistent link: https://www.econbiz.de/10014155368
The paper investigates the effectiveness of the median voter as a decisive agent in the process of redistribution. According to the previous literature, it tests several assumptions finding interesting results: The positive relation between inequality and redistribution is confirmed, but the...
Persistent link: https://www.econbiz.de/10010335331
The economics profession has made considerable progress in understanding the increase in wage inequality in the U.S. and the UK over the past several decades, but currently lacks a consensus on why inequality did not increase, or increased much less, in (continental) Europe over the same time...
Persistent link: https://www.econbiz.de/10011653022
Defining the 'global middle class' as being neither poor nor rich in the developed world, we estimate the size of the global middle class in China and 33 other countries and analyze China's expanding middle class in international perspective. China's global middle class has grown rapidly and has...
Persistent link: https://www.econbiz.de/10012671241
Our objective in this paper is to assess how middle-income groups are faring with the global turn to the market. We suggest some simple measures of the middle-the size and income shares of households around the median (75/125%)-and their income status relative to wealthier counterparts. Our...
Persistent link: https://www.econbiz.de/10011653003
This paper studies the impact of educational attainment on Labor Market outcomes using data from the Luxembourg Income Study (LIS) for 10 countries over a multi-year period. The 10 countries in this study include USA, Mexico, Germany, Netherlands, Italy, Finland, Spain, Norway, Australia, and...
Persistent link: https://www.econbiz.de/10010335477
The 'motivation' for this study is the change of the occupational structure and the subsequent increase in employment opportunities especially for white-collar professionals, whose situation was comparatively weak under socialist rule. In this paper, it is assumed that the situation of...
Persistent link: https://www.econbiz.de/10010335391
Empirical studies on income distribution and poverty have indicated that the public transfer system has been successful in terms of poverty and inequality reduction in welfare states. However, very little attention has been paid to private transfers in this analysis. Recently, while there has...
Persistent link: https://www.econbiz.de/10010335495
This paper uses data from the Luxembourg Income Study to analyse cross-national and cross-temporal poverty risks in eleven western countries. Our analyses are embedded in the tradition of welfare state research. Despite a hundred years of welfare state efforts, at the beginning of the 21st...
Persistent link: https://www.econbiz.de/10010335542
Social vulnerability due to insufficient income and earnings may come from many sources, both demographic and economic, in a globalizing world. This paper examines the problems of population aging, low wages, growing inequality, and insufficient social spending. Vulnerable groups such as...
Persistent link: https://www.econbiz.de/10010335595