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For centuries it has been believed that the extension of the franchise in unequal societies would lead to relatively high levels of redistribution. According to international rankings, how- ever, among the fourteen most unequal countries in the world, nine have been democratic for at least the...
Persistent link: https://www.econbiz.de/10009403433
Economic and political decisions usually involve a trade-off between efficiency and equality considerations. While some inequality is expected to prevail in our soci- eties, high levels of it are objectionable on various grounds. One of the fundamental roles of government is to collect and...
Persistent link: https://www.econbiz.de/10009403437
This paper develops a model which explains the unequal employment outcomes of two groups - defined as their, respective, likelihoods of successfully filling job vacancies - in terms of disparities in their access to job networks. This disparity arises because a proportion of vacancies are filled...
Persistent link: https://www.econbiz.de/10008541471
This paper represents an inquiry into employment inequality between population sub-groups. The first, and most obvious, starting point to this inquiry - and which forms the subject matter of this paper - was to ask how such inequality should be measured. This question was answered in terms of an...
Persistent link: https://www.econbiz.de/10008541513
The method of Single Transferable Voting (STV) underpins electionsin several countries. The advantages claimed for STV are that, firstly, it allows each voter to express his/her preferences over all the candidates and, secondly, it takes account of each voter’s range of preferences in...
Persistent link: https://www.econbiz.de/10008567674
The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
Persistent link: https://www.econbiz.de/10011109487