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This paper investigates how government ideology and globalization are associated with top income shares in 17 OECD countries over the period 1970 to 2014. We use top income shares of the World Wealth and Income Database (WID). Globalization is measured by the KOF index of globalization. Static...
Persistent link: https://www.econbiz.de/10011794018
In the marriage market, families make investments on behalf of their young so that they are able to form a household with their preferred partner. We analyze marriage markets in a central region of China between about 1300 and 1850 through the lens of a model of marriage matching and...
Persistent link: https://www.econbiz.de/10013462674
Access to a healthy diet is a fundamental human right, yet a significant portion of the global population faces barriers to realizing this right. Conventional poverty metrics are designed to adequately capture caloric needs but they are inadequate for capturing other essential nutritional...
Persistent link: https://www.econbiz.de/10014365834
We study the dynamics of capital accumulation, income inequality, capital concentration, and voting up to 1914. Based on new panel data for Prussian regions, we re-evaluate the famous Revisionism Debate between orthodox Marxists and their critics. We show that changes in capital accumulation led...
Persistent link: https://www.econbiz.de/10014477385
This paper provides an analysis of the social consequences of people seeking to keep up with the Joneses. All individuals attempt to reach a higher rank than the Joneses, including the Joneses themselves. This attitude gives rise to an equilibrium in which all individuals have equal utilities...
Persistent link: https://www.econbiz.de/10010528644
Status concern and the feelings of relative deprivation affect individual behavior and well-being. Traditional norms and the alarming inequality in China have made relative deprivation more and more intense for the Chinese population. This paper reviews empirical literature on China that...
Persistent link: https://www.econbiz.de/10011388296
Persistent link: https://www.econbiz.de/10012546690
The paper discusses the main issues related to negative and zero incomes that are relevant for the measurement of poverty. It shows the prevalence of non-positive incomes in high- and middle-income countries, provides an analysis of the sources and structure of these incomes, outlines the...
Persistent link: https://www.econbiz.de/10012604690
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