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This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....
Persistent link: https://www.econbiz.de/10010272949
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....
Persistent link: https://www.econbiz.de/10011294713
We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during … regressions of Mincer equations and analysing the differences in returns to education across the wage distribution and across time …. Four different patterns emerge: 1) a positive and increasing contribution of education upon within-levels wage inequality …
Persistent link: https://www.econbiz.de/10011325999
are comparable or even above the OECD average in several dimensions, such as health, environment or life … by raising their skill levels. This is the most effective way to get people out of poverty. Education is the area where … is increasing rapidly, and to close the gender gap in the labour market. The health and pension systems play a …
Persistent link: https://www.econbiz.de/10011577747
-25 percent. We further consider overall labor market outcomes by examining theoretically the socially optimal wealth distribution …. Interdependence in utility can mitigate the need to transfer wealth to low-wage individuals and may require them to be poorer by all …
Persistent link: https://www.econbiz.de/10010280680
–25 percent. We further consider overall labor market outcomes by examining theoretically the socially optimal wealth distribution …. Interdependence in utility can mitigate the need to transfer wealth to low-wage individuals and may require them to be poorer by all … ; income tax ; PSID …
Persistent link: https://www.econbiz.de/10009379499
-tested minimum income. Sustaining universal access to good health care is also essential. Well-designed activation policies are …Poverty and income inequality have worsened since the onset of the crisis. While the design of fiscal measures has …
Persistent link: https://www.econbiz.de/10010231393
-25 percent. We further consider overall labor market outcomes by examining theoretically the socially optimal wealth distribution …. Interdependence in utility can mitigate the need to transfer wealth to low-wage individuals and may require them to be poorer by all …
Persistent link: https://www.econbiz.de/10013120834
care more about procedural fairness than inequality of economic outcomes, national income inequality should be less …/welfare state size, we find no relationship between country-level economic inequality, as measured by the disposable income Gini …
Persistent link: https://www.econbiz.de/10012625784
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....
Persistent link: https://www.econbiz.de/10013321399