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When Inequality is Good for Groups : The Moderating Role of Fairness

Hart, Einav - 2019

Many societies today are experiencing growing inequality in terms of wealth, income, health, education, resources or opportunities, trends that have negative effects upon well-being, trust, and motivation. We investigated whether inequalities –– particularly those perceived as fair ––...

Persistent link: https://www.econbiz.de/10012872244

Rawls' fairness, income distribution and alarming level of Gini coefficient

Tao, Yong; Wu, Xiangjun; Li, Changshuai - 2017

The arguments that the alarming level of Gini coefficient is 0.4 are widely reported. However, to the authors' knowledge, it is not based upon any rigid economic theories. In this paper, they show that Rawls' fairness is compatible with the standard model of competitive markets. This finding...

Persistent link: https://www.econbiz.de/10011723859

Polarization in Networks : Identification-alienation Framework

Huremovic, Kenan - 2020

We introduce a model of polarization in networks as a unifying setting for the measurement of polarization that covers a wide range of applications. We consider a substantially general setup for this purpose: node- and edge-weighted, undirected, and connected networks. We generalize the...

Persistent link: https://www.econbiz.de/10012828341

Social institutions and economic inequality : modeling the onset of the Kuznets curve

Alvarez-Pereira, Brais; Bale, Catherine S. E.; Furtado, … - 2015

Theoretical models of the Kuznets Curve have been purely analytical with little contribution towards an understanding of the timing of the process and the presence of additional mechanisms affecting its timing. This paper proposes an agent-based version of Acemoglu and Robinson's model of the...

Persistent link: https://www.econbiz.de/10012057437

Estimating inequality of opportunity in more periods than ever before : the capital income approach

Valle-Inclán Cruces, Hugo del - 2019 - This version: March 15th 2019

The measurement of Inequality of Opportunity has attracted a lot of attention in recent years, despite of the fact that it is very limited by the scarce availability of data on family background. In this paper we propose a method to overcome this limitation, which consists of using another...

Persistent link: https://www.econbiz.de/10012009246

Karl Marx's thoughts on functional income distribution : a critical analysis

Herr, Hansjörg - 2018

Keynes, following the tradition of Marx, argued that all values are created by labour and profits. However, functional income distribution between wages and profits is explained differently. In Marx's explanation of functional income distribution, wages are given as a basket of goods needed for...

Persistent link: https://www.econbiz.de/10011803004

Exploitation, skills, and inequality

Cogliano, Jonathan; Veneziani, Roberto; Yoshihara, Naoki - 2018

This paper uses a computational framework to analyse the equilibrium dynamics of exploitation and inequality in … accumulation economies with heterogeneous labour. A novel index is presented which measures the intensity of exploitation at the … individual level and the dynamics of the distribution of exploitation intensity is analysed. The effects of technical change and …

Persistent link: https://www.econbiz.de/10011787899

On the Ricardian invariable measure of value : the general possibility of the standard commodity

Kurose, Kazuhiro; Yoshihara, Naoki - 2014

The purpose of this paper is to examine the critical arguments made by Burmeister, Samuelson, and others, with respect to Sraffa (1960). In his arguments about the standard commodity, Sraffa assumed that a change in income distribution has no effect on the output level and choice of techniques,...

Persistent link: https://www.econbiz.de/10010426598

Testing Marx

Bartels, Charlotte; Kersting, Felix; Wolf, Nikolaus - 2023

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

Why ideology exists

Wisman, Jon D. - 2021

Persistent link: https://www.econbiz.de/10012655001

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