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In an article published in Development and Change in 2011, I suggested an alternative measure of inequality to the Gini … article has evolved to become a further attempt at contributing to the literature on inequality and the statistics to measure … it. As in my 2011 paper, in this one I also conclude that if we want to understand why inequality is so unequal across …
Persistent link: https://www.econbiz.de/10010949350
We model the evolution of age-dependent personal income distribution and inequality as expressed by the Gini ratio. In … our framework, inequality is an emergent property of a theoretical model we develop for the dynamics of individual incomes … predict the dynamics of personal incomes for every single person in the working-age population in the USA between 1930 and …
Persistent link: https://www.econbiz.de/10011259180
Persistent link: https://www.econbiz.de/10008596845
combination, on GDP and inequality. We focus on three dimensions of financial inclusion: access (determined by the size of … inclusion, GDP, inequality, and the distribution of gains and losses. …
Persistent link: https://www.econbiz.de/10011163128
Persistent link: https://www.econbiz.de/10010865725
of income distributions also suggest that inequality has increased in most industrialized countries, this development was … and technological change may not be major drivers of inequality. …
Persistent link: https://www.econbiz.de/10005769241
We explore the relationship between union density and labor’s shares using panel data on 35 industries, spanning the entire US economy, for the years 1983 through 2005. For the full sample, a standard deviation increase in union density (membership or coverage rates) is associated with an...
Persistent link: https://www.econbiz.de/10010793609
The distributional consequences of the recent economic crisis are still broadly unknown. While it is possible to speculate which groups are likely to be hardest-hit, detailed distributional studies are still largely backward-looking due to a lack of real-time microdata. This paper studies the...
Persistent link: https://www.econbiz.de/10008914277
This paper analyzes the sources of output and unemployment dynamics in the world economy during the Great Recession. This analysis is based on a panel unobserved components model of the world economy, disaggregated into its fifteen largest national economies. We find that excess supply pressure...
Persistent link: https://www.econbiz.de/10008646428
inequality. We focus on two alternative scenarios of the labor demand adjustment process, one based on reductions in hours …
Persistent link: https://www.econbiz.de/10008677948