Showing 1 - 10 of 2,688
argues that the likely impact of globalization on world inequality has been very different from what these simple …The world economy has become more unequal over the last two centuries. Since within- country inequality exhibits no … ubiquitous trend, it follows that virtually all of the observed rise in world income inequality has been driven by widening gaps …
Persistent link: https://www.econbiz.de/10013221931
This paper studies the welfare implications of trade opening in a world in which trade raises aggregate income but also …
Persistent link: https://www.econbiz.de/10012982518
We study patterns of FDI in a multi-country world economy. We develop a model featuring non-homothetic preferences for …
Persistent link: https://www.econbiz.de/10013067204
This paper builds a new internationally comparable database of hours worked to measure how hours vary with income across and within countries. We document that average hours worked per adult are substantially higher in low-income countries than in high-income countries. The pattern of decreasing...
Persistent link: https://www.econbiz.de/10013001220
This paper is another contribution to the vast literature which addresses this issue: comparison of household income per capita among households of different structures requires judgment about the relationship between real income and family size. Our work uses a revealed preference approach in...
Persistent link: https://www.econbiz.de/10013246673
globalization of the world's labor markets. We find that when people can choose between wage work and managerial work, the output …The rise in world trade since 1970 has raised international mobility of labor services. We study the effect of such a …
Persistent link: https://www.econbiz.de/10012751700
Proponents of globalization often conclude that its critics are ignorant or self-motivated. In doing so, they have … missed a valuable opportunity to discover both how best to communicate the benefits of globalization, and how to improve on … the current model of globalization. This paper examines the values, beliefs and facts that lead critics to the view that …
Persistent link: https://www.econbiz.de/10013065371
growing literature on wealth inequality across the world. Evidence points towards a rise in global wealth concentration: for … financial globalization makes it increasingly hard to measure wealth at the top. I discuss how new data sources (leaks from …
Persistent link: https://www.econbiz.de/10012894436
inescapable in the real world of asymmetric information and imperfect contract enforcement. I argue, however, that in confronting …
Persistent link: https://www.econbiz.de/10013224934
the (less rich) Old World more equal. The evidence on the links between within-country inequality and globalization in the … the links between them. In doing so, it distinguishes between (a) the different dimensions of globalization; and (b …) between-country and within-country inequality. Theory suggests that globalization will have very different implications for …
Persistent link: https://www.econbiz.de/10013233220