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Persistent link: https://www.econbiz.de/10011126646
between marketization and democracy. The first is more direct, stemming from the fact of both systems sharing certain values … and attitudes in common. But there is also a second more indirect chain from marketization to democracy, which is … predicated via three sub-chains (i) from marketization to growth, (ii) from growth to overall material development welfare and …
Persistent link: https://www.econbiz.de/10011126279
This paper investigates the relationship between growth and inequality from a demographic point of view. In an extended … rate on the equilibrium growth rate as well as on the income distribution. We show that the relationship between growth and … inequality is at first positive and then may be negative in the process of population aging. The results are consistent with the …
Persistent link: https://www.econbiz.de/10010928630
) but have moderate effects on the growth of subsequent years. Regional (per-capita) inequality is also evaluated using … discontinuity of per-capita GDP growth partitions Austria's regions into two groups. Clear evidence of discontinuity (a “take … Austria, Bohemia, Silesia, Galicia, Bukovina, and Dalmatia there is instead no evidence of structural break in their growth …
Persistent link: https://www.econbiz.de/10011125886
Temkin (1986,1993) sets out a philosophical basis for the analysis of income inequality that provides an important … axiomatic structure and we use this structure to derive a new class of inequality indices and an inequality ordering. This class … of indices has a family relationship to well-known measures of inequality, deprivation and poverty. The ordering is shown …
Persistent link: https://www.econbiz.de/10010884654
Inequality measurement involves explicit or implicit value judgements. The subjective approach to inequality …
Persistent link: https://www.econbiz.de/10010928600
This article provides a brief overview of the key issues in inequality measurement and has been prepared for inclusion …
Persistent link: https://www.econbiz.de/10010928769
It is known from the literature on uncertainty that in cases where individuals express a preference for a high win-probability bet over a bet with high winnings they nevertheless will bid more to obtain the bet with high winnings. We investigate whether a similar phenomenon applies in the...
Persistent link: https://www.econbiz.de/10010928778
This paper examines how people assess inequality of an income distribution and how inequality could be measured. We … start from philosophical analysis of L Temkin who distinguishes nine plausible aspects of inequality. His approach is based …
Persistent link: https://www.econbiz.de/10010928780
predict the potential implications of particular growth policies to inequality, poverty and, consequently, to social …This paper employs a decomposition analysis of inequality by income source to understand and explain particular aspects … of income inequality in Greece. The results suggest that entrepreneurial income is the most significant contributor to …
Persistent link: https://www.econbiz.de/10010928797