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to changes at the extremes of the distribution might obscure inequality's actual dimension, and thus help perpetuate it …. To avoid this, the ratio of the income share of the top 5 per cent over that of the bottom 40 per cent, denominated Palma … v.2, could function as a complementary indicator for the measurement of inequality. …
Persistent link: https://www.econbiz.de/10011418625
changes at the extremes of the distribution might obscure inequality's actual dimension, and thereby help perpetuate it. To … avoid this, the present paper discusses a complementary indicator for the measurement of inequality: the ratio of the income … suggested 'Palma ratio' dividing the income share of the top 10 per cent income earners by that of the bottom 40 per cent's. …
Persistent link: https://www.econbiz.de/10011725481
High-quality data on state-level inequality and incomes, panel data on corruption convictions, and careful attention to … of inequality, which indicate diminished prospects facing those convicted of corruption. In US states over 25 years we … show that inequality and higher government relative wages significantly and robustly produce less corruption. This reverses …
Persistent link: https://www.econbiz.de/10010320993
, a reliable assessment of inequality in living standards, therefore, necessitates the conversion of the original … conversion strategy, and explain our results by means of an inequality decomposition by population subgroups. …
Persistent link: https://www.econbiz.de/10010296295
The distributions of income and wealth in countries across the world are found to possess some robust and stable features independent of the specific economic, social and political conditions of the countries. We discuss a few physics-inspired multi-agent dynamic models along with their...
Persistent link: https://www.econbiz.de/10010299490
, a reliable assessment of inequality in living standards, therefore, necessitates the conversion of the original … conversion strategy, and explain our results by means of an inequality decomposition by population subgroups. …
Persistent link: https://www.econbiz.de/10010324347
While the allocative efficiency of mobility is typically considered to be positive but small in the long run, the induced changes in equality may be considerable in size. In practice, however, migrants typically improve their income position in comparison to those at home, stimulate the economic...
Persistent link: https://www.econbiz.de/10010268747
are analogous to the widely-used decompositions of inequality indices by population subgroup, except that they summarize … are not dependent on the choice of a specific summary index. Nonetheless, since inequality and poverty indices can be …
Persistent link: https://www.econbiz.de/10010276944
We investigate the effects of inequality in wealth on the incentives to contribute to a public good when agents are … generated by purely selfish agents. But introducing inequality motivates more productive agents to exert higher efforts and help … disadvantageous inequality. Moreover, the more inequity averse the agents, the more inequality should be imposed even by an …
Persistent link: https://www.econbiz.de/10010278642
dramatic transformations in the past century. While Classical economists advanced the hypothesis that inequality is beneficial … two decades. Theory and subsequent empirical evidence have demonstrated that income distribution has a significant impact …
Persistent link: https://www.econbiz.de/10010284077