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Income inequality in Mexico increased between 1989 and 1994; between 1994 and 2006, inequality declined; and, between … 2006 and 2014, inequality was again on the rise. We apply decomposition techniques to analyse the proximate determinants of … labour income inequality and fiscal incidence analysis to estimate the first-order effects of taxes and social spending on …
Persistent link: https://www.econbiz.de/10011966562
Drawing on the Panel Study of Income Dynamics, we document a startling empirical pattern: the career earnings premium from a four-year college degree (relative to a high school diploma) for persons from low-income backgrounds is considerably less than it is for those from higher-income...
Persistent link: https://www.econbiz.de/10011806297
assesses these approaches along with the factors related to informality-formality trade-off and the issue of formalisation as a …
Persistent link: https://www.econbiz.de/10010293528
detrimental medium-term effects on output, unemployment, poverty, and inequality. However, policies can go a long way toward … relatively greater fiscal support. The increases in unemployment, poverty, and inequality are likewise lower for countries with …
Persistent link: https://www.econbiz.de/10012605652
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The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
Persistent link: https://www.econbiz.de/10011409823
In the first empirical study on how financial reforms have been instrumental in mitigating inequality through financial …: (1) while formal financial development decreases inequality, financial sector formalization increases it; (2) whereas … semi-formal financial development increases inequality, the effect of financial semi-formalization is unclear; (3) both …
Persistent link: https://www.econbiz.de/10011410012
poverty Mexico. This is relevant when considering that, unlike in rural areas, labour often represents the only source of …
Persistent link: https://www.econbiz.de/10014203817