Showing 1 - 10 of 140
This paper analyzes the relationship between income inequality and inequality of opportunities for income acquisition in nine developed countries during the nineties. We develop a new definition of equality of opportunity and show how it can be implemented empirically. Equality of opportunity is...
Persistent link: https://www.econbiz.de/10005413424
In the present paper we study the distributive impact of institutional change in developing countries. In such economies, economic institutions, such as property rights systems, may act to preserve the interests of a rich minority, but this depends crucially on the level of political equality....
Persistent link: https://www.econbiz.de/10004967196
Skaperdas (1996) characterized the contest success function (CSF), which stipulates the winning probabilities of the contestants, using respectively the scale invariance and translation invariance axioms. This paper first characterizes the entire family of CSFs that fulfils a convex mixture of...
Persistent link: https://www.econbiz.de/10010938091
This paper examines the relationship between inequality and happiness through the lens of heterogeneous values, beliefs and inclinations. Drawing upon opinion data from the European Social Survey for twenty-three countries, we find that individual views on a wide range of themes can be...
Persistent link: https://www.econbiz.de/10005413359
This paper delivers new insights into the development of income inequality and regional stratification in Germany after unification using a new method for detecting social stratification by a decomposition of the GINI index which yields the obligatory between- and within-group components as well...
Persistent link: https://www.econbiz.de/10005413364
This paper introduces a class of intermediate inequality indices, I(?, ?), that is at the same time ray-invariant and unit-consistent. These measures permit us to keep some of the good properties of Krtscha’s (1994) index while keeping the same “centrist” attitude whatever the income...
Persistent link: https://www.econbiz.de/10005413367
From 1992 to 2001, despite its rapid economic growth during the early 1990s, Argentina experienced a period characterized by increasing income inequality and poverty. An axiomatically modified Datt-Ravallion decomposition, that separates changes in poverty rates into mean and inequality...
Persistent link: https://www.econbiz.de/10005413368
This paper proposes a partial equality-of-opportunity ordering based on the inequality-of-opportunity curve, a mechanism that gives preference to those who are worse in terms of opportunity. Moreover, it provides a complete ordering that depends on a sensitivity parameter representing the degree...
Persistent link: https://www.econbiz.de/10005413375
We evaluate the impact of affiliation to Fair Trade on a sample of Chilean honey producers. Evidence from standard regressions and propensity score matching shows that affiliated farmers have higher productivity (income from honey per worked hour) than the control sample. We show that the...
Persistent link: https://www.econbiz.de/10005413378
We provide a systematic treatment of the notion of economic insecurity, assuming that an individual’s sentiment of insecurity depends on the current wealth level and its variations experienced in the past. We think of wealth as a comprehensive variable encompassing anything that may help in...
Persistent link: https://www.econbiz.de/10005413384