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Income inequality and social preferences for redistribution and compensation differentials
Kerr, William R. - Suomen Pankki - 2013
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form...
Persistent link: https://www.econbiz.de/10010945116
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Aggregate Productivity Loss and the Theil Index of Inequality
Aoki, Shuhei - Volkswirtschaftliche Fakultät, … - 2008
This paper suggests that the difference in the Theil indices of inequality between two economies approximately measures the relative loss of aggregate productivity caused by distortions in labor allocation. Moreover, the Theil index itself can be interpreted approximately as the possible maximum...
Persistent link: https://www.econbiz.de/10005260299
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Causes of Changing Earnings Inequality
Snower, Dennis J. - Institute for the Study of Labor (IZA) - 1999
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....
Persistent link: https://www.econbiz.de/10005703214
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Equity Criteria as Instrument to Ensure Sustainability of Pareto or Kaldor-Hicks Efficiency: A Correlation Hidden by Sources of Confounding as Key for Sorting Out the Global Econom...
Benazzo, Piero - Volkswirtschaftliche Fakultät, … - 2010
The hypothesis is that Pareto and Kaldor-Hicks Efficiency have an aspect of sustainability in relation to inequality. The analysis finds efficient situations reached increasing inequality as diminishing in the long term effective demand in a larger measure than counterbalancing increases thanks...
Persistent link: https://www.econbiz.de/10008540106
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From Bottom to Top: The Entire Distribution of Market Income in Germany, 1992-2001
Bach, Stefan; Corneo, Giacomo; Steiner, Viktor - C.E.P.R. Discussion Papers - 2007
We analyze the distribution and concentration of market incomes in Germany in the period 1992 to 2001 on the basis of … substantial drop of median income and a remarkable income growth at the top 0.1% of the income distribution. The increase of …
Persistent link: https://www.econbiz.de/10005124248
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Endogenous inequality in a trade model with private information
Moro, A.; Norman, P. - Wisconsin Madison - Social Systems - 2000
Persistent link: https://www.econbiz.de/10005136838
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From Bottom to Top: The Entire Distribution of Market Income in Germany, 1992-2001
Bach, Stefan; Corneo, Giacomo; Steiner, Viktor - Institute for the Study of Labor (IZA) - 2007
We analyze the distribution and concentration of market incomes in Germany in the period 1992 to 2001 on the basis of … substantial drop of median income and a remarkable income growth at the top 0.1% of the income distribution. The increase of …
Persistent link: https://www.econbiz.de/10005703074
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Components of income inequality and its change in EU countries, 2004-2010
Medgyesi, Márton - Centrum voor Sociaal Beleid - Herman Deleeck, … - 2014
This paper aims to assess the contribution of different income sources and population characteristics to income inequality and it’s change during the 2004-2010 period in EU Member States. The analysis uses EU-SILC data to study the components of income inequality and its change both during...
Persistent link: https://www.econbiz.de/10010765089
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MIDDLEMEN MARGINS AND GLOBALIZATION
Mookherjee, Dilip; Bardhan, Pranab; Tsumagari, Masatoshi - Department of Economics, Boston University - 2011
We provide a competitive theory of middlemen or entrepreneurs who develop brand-name reputations necessary to overcome product quality moral hazard problems, embedded in a Heckscher-Ohlin model of North-South trade. Agents with heterogeneous entrepreneurial abil- ities sort into different...
Persistent link: https://www.econbiz.de/10010779486
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Distributional Consequences of Capital Accumulation, Globalisation and Financialisation in the US
Karanassou, Marika; Sala, Hector - Institute for the Study of Labor (IZA) - 2013
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 inequality. On this basis, we estimate a two-equation model for the income distribution … noughties. In the Great Recession years of tense socioeconomic conditions, looking at income distribution through the lens of …
Persistent link: https://www.econbiz.de/10010627844