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systems from various perspectives. This paper uses available household wealth and income data to calculate the resource rich … state of Western Australia's ISF from different wealth level perspectives. How wealth inequity may affect the stability of … changes in wealth distribution. The ISF results show that from the perspective of society's richest 20%, poorest 20%, mean …
Persistent link: https://www.econbiz.de/10008669036
This chapter argues income and wealth are two paramount gradational measures of social stratification. The chapter … makes this case while reviewing recent social science on income and wealth. First, I begin by explaining how income and … wealth are essential for purchasing well-being. Second, I review the definition and measurement of income and wealth. This …
Persistent link: https://www.econbiz.de/10013338051
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...
Persistent link: https://www.econbiz.de/10003800437
This article studies global distributions of capital and labor income among individuals in 2000 and 2016. By constructing a novel database covering approximately the 80% of the global output and the 60% of the world population, two major findings stand out. First, the world underwent a...
Persistent link: https://www.econbiz.de/10012591267
Many countries in the Western hemisphere are currently experiencing a backlash against globalization. Most of the research examining the issue has concentrated on international specialization and within-country income inequality as main drivers of the backlash. Doing so, the discussion has...
Persistent link: https://www.econbiz.de/10011870318
country has reduced over time. -- Income distribution ; veil of ignorance ; cross country comparison …
Persistent link: https://www.econbiz.de/10009411583
Inequality is anisotropic: its intensity is variable along the income scale. Therefore, to focus on local inequalities, a new representation, the isograph, is developed to figure their variations. This leads to the expression of three coefficients able to summarize the shape of inequalities: a...
Persistent link: https://www.econbiz.de/10010258790
We estimate wage differentials between foreign- and native-born workers across developed and developing economies. We leverage internationally harmonised microdata covering 21 countries, 20 years and 1.5 million individuals and employ counterfactual decomposition techniques. We find that...
Persistent link: https://www.econbiz.de/10012591351
This paper introduces a series of augmentations to the Current Population Survey to allow for more accurate estimations of American poverty outcomes and a more fruitful integration of the U.S. into comparative research. The augmentations address three shortcomings in recent poverty research,...
Persistent link: https://www.econbiz.de/10011687333
This study presents new empirical results, using microdata from the LIS database, on development patterns in economic inequality for a set of countries that are less covered in the empirical literature, mostly due to the lack of appropriate data. After discussing the main challenges when...
Persistent link: https://www.econbiz.de/10011961146