Theoretical and empirical studies exploring the effects of income inequality upon growth reach a disappointing inconclusive result. This paper postulates that one reason for this ambiguity is that income inequality is actually a composite measure of at least two different sorts of inequality:...

Theoretical and empirical studies exploring the effects of income inequality upon growth reach a disappointing inconclusive result. This paper postulates that one reason for this ambiguity is that income inequality is actually a composite measure of at least two different sorts of inequality:...

We study the determinants of social preferences for national defence and for police and law enforcement. For this task, we estimate a bivariate ordered probit model for a set of European countries (France, Finland, Norway, Portugal, Spain and Sweden) in 2006. Determinants of spending decisions...

Conventional wisdom predicts that changes in the aggregate unemployment rate may significantly affect a country’s income distribution and, as a consequence, have a relevant impact on the evolution of the poverty rate. However, the relationship between labour macroeconomic indicators and...

. This paper aims to clarify the similarities and differences between the concepts of bi-polarization and inequality by proposing an extended measure of bipolarization, which is consistent with the second polarization curve. The standard decomposition property of population subgroups for the...

Individual income is determined by free-will actions related to the level of effort exerted and by opportunities determined by aspects beyond the individual's control, such as family background, race, place of birth or health endowments. Taking human capital as the main engine of development, we...