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Trade flows among countries have increased dramatically during the last globalization episode creating new winners and … losers between and within countries. This paper revisits the contested topic of the impact of globalization on within …-country inequality in Latin America from a historical perspective. By comparing the two globalization waves (1870-1914, 1970-present) we …
Persistent link: https://www.econbiz.de/10010273442
Aftershocks was written in the midst of the deepest economic crisis since the Great Depression. Although it would be premature to presume to identify the repercussions of the crisis, it is clear that it will have profound aftershock effects in the political, economic, and social spheres. The...
Persistent link: https://www.econbiz.de/10011888547
One of the central concerns in Latin America and the Caribbean (LAC) has been the reduction of poverty and inequality so prevalent in the continent. Using large world samples, the literature has found that financial development increases economic growth, increases the income of the poor, and...
Persistent link: https://www.econbiz.de/10010269162
Declining social and economic inequalities since the late 1990s coincided with several basic shifts in Latin America's political landscape, including an electoral turn to the left and a revival of social mobilization from below. These shifts helped to 'repoliticize' inequality and return...
Persistent link: https://www.econbiz.de/10010319871
Income-expenditure surveys typically provide incomes on the household level. As households can differ in size and needs, a reliable assessment of inequality in living standards, therefore, necessitates the conversion of the original heterogeneous into an artificial quasi-homogeneous population....
Persistent link: https://www.econbiz.de/10010296295
In view of rising wage and income inequality, the introduction of a legal minimum wage has recently become an important policy issue in Germany. We analyze the distributional effects of a nationwide legal minimum wage of 7.50 € per hour on the basis of a microsimulation model which accounts...
Persistent link: https://www.econbiz.de/10010300706
Income-expenditure surveys typically provide incomes on the household level. As households can differ in size and needs, a reliable assessment of inequality in living standards, therefore, necessitates the conversion of the original heterogeneous into an artificial quasi-homogeneous population....
Persistent link: https://www.econbiz.de/10010324347
Eine wachsende Einkommenspolarisierung und die damit verbundene Einkommensspreizung erfahren in der öffentlichen Diskussion eine steigende Aufmerksamkeit. Eine Zunahme der Polarisierung der Einkommen ist nicht nur hinsichtlich des gesellschaftlichen Zusammen-hangs und des Empfindens von...
Persistent link: https://www.econbiz.de/10010352719
We examine the dynamic evolution of incomes, both disposable and gross, for several groups in the PSID panel data at several points from 1968 to 1997. We employ the extended Kolmogorov-Smirnov tests of First and Second Order Stochastic Dominance (SD) as implemented by Maasoumi and Heshmati...
Persistent link: https://www.econbiz.de/10010267644
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