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The preliminary step in assessing the extent of inequality is to decide how to measure it. Different indices exist, each responding to a built-in "aversion to inequality", and the choice of the index to be used affects conclusions. Whilst there is not a "preferable" index, the family of General...
Persistent link: https://www.econbiz.de/10005345825
In this paper, we analyse the effects of multinational companies on wage inequality in the host country, studying the case of the Irish economy. Based on a model developed by Aghion and Howitt (1998), in which the introduction of new technologies leads to increasing demand for skilled labour...
Persistent link: https://www.econbiz.de/10005345834
Total household income inequality can be very different from inequality measured at the income per-capita level but only in recent years has the pattern of this divergence been investigated. In this paper, results from Coulter et al. (1992) using a one-parameter equivalence scale are updated...
Persistent link: https://www.econbiz.de/10005132978
This paper is an assessment of the approach suggested by Gary Fields for measuring inequality in an economy with high-income sector enlargement. This approach describes the change in inequality according to a U-pattern, instead of the inverted U-pattern described by other indices. We argue that...
Persistent link: https://www.econbiz.de/10005729309