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The role of climate change on economic performance and output has been studied extensively in the empirical literature, however, its distributional effects have received little attention. This paper attempts to fill this gap by investigating whether climate shocks affect income inequality in a...
Persistent link: https://www.econbiz.de/10014455410
We study the impact of human capital and the level of education on the pollution-income relationship controlling for income inequality in 17 OECD countries. By applying an innovative approach to country grouping, based on the temporal evolution of income inequality and clustering techniques to...
Persistent link: https://www.econbiz.de/10012510015
We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary to the received wisdom, we show that human capital accumulation is not necessarily growth-inducing and inequality-reducing. Expansive education policies may foster growth and...
Persistent link: https://www.econbiz.de/10011596523
In this paper, the amount of income redistribution in the United States, the European Union, and Switzerland is compared and empirically related to economic, political, and behavioral determinants elaborated in the literature. Lying in between the two poles, Switzerland provides unique evidence...
Persistent link: https://www.econbiz.de/10003894063
Persistent link: https://www.econbiz.de/10003360711
first century and family values prevailing before World War II, which suggests that labor market regulations have deep …
Persistent link: https://www.econbiz.de/10008729326
Persistent link: https://www.econbiz.de/10012806380
We study the effects of innovations on income distribution in capitalist economies characterised by a drive to accumulate. Consistent with the basic intuitions of Marx's theory of technical change, we show that there is no obvious relation between ex-ante profitable innovations and the income...
Persistent link: https://www.econbiz.de/10012150038
Persistent link: https://www.econbiz.de/10012990200
This paper investigates whether the diffusion of tangible IT and CT capital and intangible capital asset types has an impact on labour demand growth and the share of labour income in total income at the industry and country level. The econometric analysis is derived from a Cobb-Douglas...
Persistent link: https://www.econbiz.de/10013274244