Showing 1 - 10 of 230
What accounts for differences in the extent of nationalist sentiments across countries and over time? One prominent … citizens from recognizing economic inequality and mobilizing against it. This article provides a first empirical test of this … theory against rival explanations based on international conflict and the development of new nations using survey data on …
Persistent link: https://www.econbiz.de/10010335517
In discussions on inequality in Africa, Mali often appears as an exception, being the country with the lowest level of … inequality in the West African sub-region. In this paper, we analyse the dynamics of inequality in the country and try to … understand the role played by the different sources of income. To do so, we use the LIS harmonized version of the 3 waves of the …
Persistent link: https://www.econbiz.de/10013467148
Recent work on inequality has examined either changes in the distribution of income or in that of earnings, without … examining how the latter affects the former. In this paper we perform a factor decomposition of income inequality in order to … assess the importance of earnings and income from other sources in recent changes in inequality. We examine data for 8 …
Persistent link: https://www.econbiz.de/10010335553
a different choice of stochastic driver of wealth exchange. Both are stochastic interacting particle system intended to … model wealth and income distribution. The OPIP and other versions of the Inequality Process explain many aspects of wealth … random variate driving the exchange of wealth between two particles, while the SWM, as an extension of the stochastic version …
Persistent link: https://www.econbiz.de/10010335570
The paper investigates the effectiveness of the median voter as a decisive agent in the process of redistribution … inequality and redistribution is confirmed, but the median voter theorem seems not to be the driving force of this mechanism … in support of the presence of a political bias toward rich classes, particularly in non established democracies. Finally …
Persistent link: https://www.econbiz.de/10010335331
The reformulation of the median voter hypothesis and its testing proposed in Milanovic (2000) has been criticized from …
Persistent link: https://www.econbiz.de/10010335351
Based on the standard axiom of individual utility maximization, rational choice has postulated that higher income … redistributive outcomes. The findings challenge the narrow concept of human motivation that underpins rational choice, and point to … the importance of fairness orientations that have been emphasized in behavioural economics. …
Persistent link: https://www.econbiz.de/10010335364
This study examines empirically the impact of income polarization on economic growth in an unbalanced panel of more … Database. The results garnered for our preferred sample of countries suggest that income polarization has a negative impact on … growth in the short term, while the impact of income inequality on growth is statistically insignificant. Our results are …
Persistent link: https://www.econbiz.de/10010335431
-size economies due to within-household sharing of goods by individuals living in multimember households. In most countries out of the … decline is the result of a demographic trend towards smaller-sized household units, rather than a change in the shares of … aggregate disposable income earned by household types of different size. …
Persistent link: https://www.econbiz.de/10010335538
The paper uses a veil of ignorance approach and income distribution data of developed countries to arrive at inequality … rather than any European country in our sample except Luxembourg, a coefficient of relative risk aversion of 2 suffices to … gender basis and scans for times of diminished expectations, i.e. periods where the expected utility of being born into a …
Persistent link: https://www.econbiz.de/10010335546