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This paper uses national accounts data to adjust market and disposable Top 10% and Top 1% household survey income shares for 39 developed and developing countries that are part of the Luxembourg Income Study (LIS). An additional novelty of this study is the distinction between labor and capital...
Persistent link: https://www.econbiz.de/10011714403
households with two earners increased in a majority but not in Denmark, Norway and the USA and only modestly in Hungary and the … Spain. Composition changes had only a modest impact in the UK and made very little difference in Denmark, Hungary, and the …
Persistent link: https://www.econbiz.de/10014454773
Using a rich dataset on over 110,000 workers from nine European countries and the USA we study the wage response to industry dependence on foreign value added. We estimate a Mincerian wage model augmented with an input-output interindustry linkages measure accounting for task heterogeneity...
Persistent link: https://www.econbiz.de/10011539914
This paper examines inequality patterns in the 1990s in Poland, Russia and Hungary. We consider three different …
Persistent link: https://www.econbiz.de/10003379254
In the distributive analysis, the constant relative inequality aversion utility function is a standard tool for ethical judgements of income distributions. The sole parameter ε of this function expresses a society’s aversion to inequality. However, the profession has not committed to the...
Persistent link: https://www.econbiz.de/10012887975
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...
Persistent link: https://www.econbiz.de/10012591395
Income distribution is seen as instrumental to human development and to a number of development outcomes through a variety of channels. It is also considered important in itself, as testified by its inclusion in the Sustainable Development Goals. Yet existing research on income inequality in...
Persistent link: https://www.econbiz.de/10012254628
The last decades have witnessed an unprecedented increase in women's economic independence through higher educational attainment, labor force participation and an increase in the share of female-led households. However, up to date there is a gap in the literature concerning how this increase in...
Persistent link: https://www.econbiz.de/10014455230
Prior studies on emerging economies contend increasing returns to human capital has contributed to the growth of wage inequality over the last few decades. However, this explanation fails to account for an important dynamic of contemporary wage inequality: the growth of top labor incomes....
Persistent link: https://www.econbiz.de/10014455389
We explore the extent to which LIS-data can be used to shed light on the presence of women in the top of the income distribution. We show developments of the share of women in top groups (P90-100 and P99-100) of the labour income distribution for 28 countries and, when possible, compare to...
Persistent link: https://www.econbiz.de/10012107544