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The question of whether changes in income inequality affect CO2 emissions remains a topic of debate at both theoretical … distribution on consumptionbased CO2 emissions per capita. To do so, we estimate a dynamic difference-GMM model and a dynamic …
Persistent link: https://www.econbiz.de/10014548217
disclose the dramatic upward trend in inequality. On this basis, we estimate a two-equation model for the income distribution … functional-personal income distribution nexus. We analyse the labour share under the prism of monopoly and frictional growth, and … labour share fall, while its increase in the 2000s prevented inequality from worsening three times more than it actually did …
Persistent link: https://www.econbiz.de/10010368155
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 …, dismissed the Classical hypothesis and promoted the viewpoint that the study of income distribution has no importance for the …
Persistent link: https://www.econbiz.de/10010284077
such empirical heterogeneity. Using a very large sample of world citizens we test the consistency of income inequality in …Do people care about income inequality and does income inequality affect subjective well-being? Welfare theories can … predict either a positive or a negative impact of income inequality on subjective well-being and empirical research has found …
Persistent link: https://www.econbiz.de/10010336043
quality. The theoretical model suggests that income inequality, coupled with political bias in favor of the rich, decreases … in a panel of countries, the paper finds that inequality has a negative effect on both institutional quality and …
Persistent link: https://www.econbiz.de/10010278272
In recent years, Denmark has been successful in ensuring and maintaining a low unemployment rate. However, almost one third of the working-age population remains dependent on public transfers, a fact which poses questions on both social inclusion and financial pressures on the welfare state. In...
Persistent link: https://www.econbiz.de/10010273942
. Therefore, two major features of finance-dominated capitalism, the increasing inequality of income distribution and the rising …
Persistent link: https://www.econbiz.de/10010309812
Greenhouse gases emissions are inexorably rising worldwide and the frequency and disruptive power of extreme weather phenomena are dramatically increasing. Although command-and-control and regulation policies have been extensively used to mitigate climate change, more effective and potentially...
Persistent link: https://www.econbiz.de/10011816755
In this work we update the regionalization and the calibration of the Regional dynamic Integrated model of Climate and the Economy (RICE) in its 1999 version developed by Nordhaus and Boyer (2000), with a focus on the Mediterranean countries. Our aim is to assess the impact of climate change...
Persistent link: https://www.econbiz.de/10014451723
that pre-distribution (inequality reduction by structural changes and social protection) is better aligned with the goal of …This study investigates the relationship between distinct types of inequality and CO2 emissions using panel data on 156 … carbon emission reduction than redistribution (inequality reduction by transfers). However, those countries who contribute …
Persistent link: https://www.econbiz.de/10014577324