Narrow search
Showing 1 - 10 of 507
Cover Image
Russian Inequality on the Eve of Revolution
Nafziger, Steven - 2012
countries, to Russia's earlier history, and to Russia's income distribution today? Careful weighing of an eclectic data set … of European Russia. In 1904, on the eve of military defeat and the 1905 Revolution, Russian income inequality was … States, and Russia itself. We also note how the interplay of some distinctive fiscal and relative-price features of Imperial …
Persistent link: https://www.econbiz.de/10013100677
Cover Image
Inequality and Volatility Moderation in Russia : Evidence from Micro-Level Panel Data on Consumption and Income
Gorodnichenko, Yuriy - 2010
We construct key household and individual economic variables using a panel micro data set from the Russia Longitudinal …
Persistent link: https://www.econbiz.de/10013152496
Cover Image
From Soviets to Oligarchs : Inequality and Property in Russia, 1905-2016
Novokmet, Filip - 2017
-income taxpayers) in order to provide consistent series on the accumulation and distribution of income and wealth in Russia from the … in the United States. We also find that inequality has increased substantially more in Russia than in China and other ex …-communist countries in Eastern Europe. We relate this finding to the specific transition strategy followed in Russia. According to our …
Persistent link: https://www.econbiz.de/10012949409
Cover Image
The Great Leveraging
Taylor, Alan M. - 2012
What can history tell us about the relationship between the banking system, financial crises, the global economy, and economic performance? Evidence shows that in the advanced economies we live in a world that is more financialized than ever before as measured by importance of credit in the...
Persistent link: https://www.econbiz.de/10013102189
Cover Image
The Financialization of Commodity Markets
Cheng, Ing-Haw - 2013
The large inflow of investment capital to commodity futures markets in the last decade has generated a heated debate about whether financialization distorts commodity prices. Rather than focusing on the opposing views concerning whether investment flows either did or did not cause a price...
Persistent link: https://www.econbiz.de/10013072871
Cover Image
Professor Zipf Goes to Wall Street
Malevergne, Yannick - 2009
The heavy-tailed distribution of firm sizes first discovered by Zipf (1949) is one of the best established empirical facts in economics. We show that it has strong implications for asset pricing. Due to the concentration of the market portfolio when the distribution of the capitalization of...
Persistent link: https://www.econbiz.de/10013156683
Cover Image
Does Less Income Mean Less Representation?
Brunner, Eric J. - 2011
We assemble a novel dataset of matched legislative and constituent votes and demonstrate that less income does not mean less representation. We show 1) The opinions of high and low income voters are highly correlated; the legislator's vote often reflects the desire of both. 2) What differences in...
Persistent link: https://www.econbiz.de/10013129121
Cover Image
The Contribution of the Minimum Wage to U.S. Wage Inequality Over Three Decades : A Reassessment
Autor, David H. - 2011
We reassess the effect of state and federal minimum wages on U.S. earnings inequality using two additional decades of data and far greater variation in minimum wages than was available to earlier studies. We argue that prior literature suffers from two sources of bias and propose an IV strategy...
Persistent link: https://www.econbiz.de/10013132486
Cover Image
Fairness and Redistribution : U.S. Versus Europe
Alesina, Alberto F. - 2011
Different beliefs about how fair social competition is and what determines income inequality, influence the redistributive policy chosen democratically in a society. But the composition of income in the first place depends on equilibrium tax policies. If a society believes that individual effort...
Persistent link: https://www.econbiz.de/10013134300
Cover Image
The Increase in Income Cyclicality of High-Income Households and its Relation to the Rise in Top Income Shares
Parker, Jonathan A. - 2010
We document a large increase in the cyclicality of the incomes of high-income households, coinciding with the rise in their share of aggregate income. In the U.S., since top income shares began to rise rapidly in the early 1980s, incomes of those in the top 1 percent of the income distribution...
Persistent link: https://www.econbiz.de/10013135402