Showing 1 - 10 of 11
The paper assesses the impact of overall inequality, as well as inequality among the poor and among the rich, on the growth rates along various percentiles of the income distribution. The analysis uses micro-census data from U.S. states covering the period from 1960 to 2010. The paper finds...
Persistent link: https://www.econbiz.de/10012572520
It is acknowledged that the lack of any systematic link between growth and income inequality does not necessarily mean that economic growth is not accompanied by major changes in the underlying income distribution. The author uses a method devised to decompose the redistributive effect of a tax...
Persistent link: https://www.econbiz.de/10012554018
The effect of the distribution of political rights on income inequality has been studied both theoretically and empirically. The authors review the existing literature and, in particular, the available empirical evidence. The literature suggests that formal exclusion from the political process...
Persistent link: https://www.econbiz.de/10012573147
The effects of globalization on income distribution in rich and poor countries are a matter of controversy. While international trade theory in its most abstract formulation implies that increased trade and foreign investment should make income distribution more equal in poor countries and less...
Persistent link: https://www.econbiz.de/10012573148
Some economists have argued that the process of disintegration of the world economy between the two world wars led to income divergence between the countries. This is in keeping with the view that economic integration leads to income convergence. The paper shows that the view that the period...
Persistent link: https://www.econbiz.de/10012573279
High inequality in Africa is something of a paradox: Africa should be a low-inequality continent according to the Kuznets hypothesis (because African countries are poor and agriculture-based), and also because land (the main asset) is widely shared. The author's hypothesis is that African...
Persistent link: https://www.econbiz.de/10012573490
The academic literature on equality of opportunity has burgeoned. The concepts and measures have begun to be used by policy institutions, including in specific sectors such as health and education. It is argued that one advantage of focusing on equality of opportunity is that policy makers are...
Persistent link: https://www.econbiz.de/10012572500
Suppose that all people in the world are allocated only two characteristics: country where they live and income class within that country. Assume further that there is no migration. This paper shows that 90 percent of variability in people's global income position (percentile in world income...
Persistent link: https://www.econbiz.de/10012552280
The paper presents an overview of calculations of global inequality, recently and over the long-run as well as main controversies and political and philosophical implications of the findings. It focuses in particular on the winners and losers of the most recent episode of globalization, from...
Persistent link: https://www.econbiz.de/10012557140
The author addresses two issues. First, how can health inequalities be measured so as to take into account policymakers' attitudes toward inequality? The Gini coefficient and the related concentration index embody one particular set of value judgments. Generalizing these indexes allows...
Persistent link: https://www.econbiz.de/10012559526