Proponents of the income-based approach to poverty rarely contest the fact that poverty is actually a multidimensional phenomenon. What they claim is that economic resources provide a sufficiently precise proxy for whatever dimensions poverty might have. The indirect assumption is that all...

This study compares the effects of economic internationalisation on the functional distribution of labour income in the U.S.and Germany. The benchmark for assessing the empirical analyses theoretically is the general equilibrium framework ofinternational trade theory. Focusing on general...