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migrating peasants, and, consequently, has a positive effect on narrowing the rural-urban income or consumption gap. Urban labor …
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This paper investigates the evolution of earnings inequality in urban China from 1989 to 2006. After decomposing the variance of log of earnings into transitory and permanent two parts, we find that both components are important contributors to the total variance of earnings. We also find that...
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Asian countries with a window of opportunity to leap from low/middle income levels to high income levels. It may sound easy …/middle to high income levels are often overlooked. Careful studies in history reveal that the experience of moving up the ladder … conditions or policy counter-measures that lead to higher income levels under changing external circumstances. This is …
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