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Distributional consequences of capital accumulation, globalisation and financialisation in the US
Karanassou, Marika; Sala, Hector - 2012
In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the functional-personal income distribution nexus. We analyse the labour share under the prism of monopoly and frictional growth, and disclose the dramatic upward trend in...
Persistent link: https://www.econbiz.de/10010368155
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On Compulsory Voting and Income Inequality in a Cross-Section of Countries
Chong, Alberto; Olivera, Mauricio - 2005
This paper explores the link between compulsory voting and income distribution using a cross-section of countries around the world. Our empirical cross-country analysis for 91 countries during the period 1960-2000 shows that compulsory voting, when enforced strictly, improves income...
Persistent link: https://www.econbiz.de/10010327051
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Does Foreign Aid Help Reduce Income Inequality?
Calderón, Ma. Cecilia; Chong, Alberto - 2006
The aim of this paper is to provide empirical evidence on the link between foreign aid and income inequality for the period 1973-2002. Since simple cross-country regressions cannot be taken as `true` time series findings, we also focus on dynamic panel data techniques, which allow accounting for...
Persistent link: https://www.econbiz.de/10010327090
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Global earnings inequality, 1970-2015
Hammar, Olle; Waldenström, Daniel - 2017
We estimate trends in global earnings dispersion across occupational groups using a new database covering 66 developed and developing countries between 1970 and 2015. Our main finding is that global earnings inequality has declined, primarily during the 2000s, when the global Gini coefficient...
Persistent link: https://www.econbiz.de/10012013539
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Sigma Convergence Versus Beta Convergence: Evidence from U.S. County-Level Data
Young, Andrew T.; Higgins, Matthew J.; Levy, Daniel - 2006
In this paper we outline (i) why sigma-convergence may not accompany beta-convergence, (ii) discuss evidence of beta-convergence in the U.S., and (iii) use U.S. county-level data containing over 3,000 cross-sectional observations to demonstrate that sigma-convergence has not occurred at the...
Persistent link: https://www.econbiz.de/10013204753
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Do economic liberalization and globalization increase income inequality?
Bergh, Andreas; Nilsson, Therese - 2008
Using the newly developed KOF-index of globalization, as well as the economic freedom index from the Fraser institute …, we examine if globalization and economic liberalizations are linked to increases in income inequality within countries … reforms: Trade liberalizations, deregulation of product and labor markets and economic globalization. The Scandinavian welfare …
Persistent link: https://www.econbiz.de/10013208529
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Income distribution, technical change and the dynamics of international economic integration
Landesmann, Michael; Stehrer, Robert - 2005
This paper explores the features of a dynamic multisectoral model which focuses on the relationship between income distribution, growth and international specialization. The model is explored both for the steady-state properties and the transitory dynamics of integrated economies. Income...
Persistent link: https://www.econbiz.de/10010294524
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Lifetime versus annual tax progressivity: Sweden, 1968-2009
Bengtsson, Niklas; Holmlund, Bertil; Waldenström, Daniel - 2012
This paper analyzes the evolution of tax progressivity in Sweden from both annual and lifetime perspectives. Using a rich micro panel with administrative records of incomes, taxes and benefits over the period 1968 - 2009, we calculate tax rates across the income distribution accounting for...
Persistent link: https://www.econbiz.de/10010321455
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Inequality, human capital formation and the process of development
Galor, Oded - 2011
Conventional wisdom about the relationship between income distribution and economic development has been subjected to dramatic transformations in the past century. While Classical economists advanced the hypothesis that inequality is beneficial for economic development, the Neoclassical...
Persistent link: https://www.econbiz.de/10010284077
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Effizienz- und Verteilungswirkungen der Handelsliberalisierung
Kohler, Wilhelm; Felbermayr, Gabriel - 2000
This article contributes to a clear understanding of important aspects of economic globalization. Specifically, we want … to highlight the distributional concerns and how these are related to efficiency aspects of globalization. To this end …. Globalization scenarios may, however, also entail a real income loss for the economy as a whole if they entail a deterioration of …
Persistent link: https://www.econbiz.de/10010294542