Showing 1 - 10 of 534
This paper develops a proxy measure of the inequality of influence on the basis of survey evidence from 2002 Business Environment and Enterprise Performance Survey (BEEPS) conducted among 6,500 firms in 27 transition countries. We refer to the resulting inequality as crony bias in the political...
Persistent link: https://www.econbiz.de/10014088240
We establish the relationship between property rights and income inequality within 22 former European colonies. The key, unexpected result is: stronger property rights are associated with higher income inequality levels. We provide plausible explanations for these findings
Persistent link: https://www.econbiz.de/10012718026
Using data on U.S. state and federal taxes and transfers over a quarter century, we estimate a regression model that yields the marginal effect of any shift of market income share from one quintile to another on the entire post tax, post-transfer income distribution. We identify exogenous income...
Persistent link: https://www.econbiz.de/10014544770
In the past 20 years the average real earnings of Chinese urban male workers have increased by 350 per cent. Accompanying this unprecedented growth is a considerable increase in earnings inequality. Between 1988 and 2007 the variance of log earnings increased from 0.27 to 0.48, a 78 per cent...
Persistent link: https://www.econbiz.de/10010269877
In the past 20 years the average real earnings of Chinese urban male workers have increased by 350 per cent. Accompanying this unprecedented growth is a considerable increase in earnings inequality. Between 1988 and 2007 the variance of log earnings increased from 0.27 to 0.48, a 78 per cent...
Persistent link: https://www.econbiz.de/10003960079
In the past 20 years the average real earnings of Chinese urban male workers have increased by 350 per cent. Accompanying this unprecedented growth is a considerable increase in earnings inequality. Between 1988 and 2007 the variance of log earnings increased from 0.27 to 0.48, a 78 per cent...
Persistent link: https://www.econbiz.de/10013069890
We consider the differences in income distribution between market and planned economies in two ways. First, using benchmarks from the OECD area we review evidence from the countries of Central and Eastern Europe and the former Soviet Union during the socialist period. Second, we look at the...
Persistent link: https://www.econbiz.de/10014024195
Cultural relativism (Boas, 1887) and hedonic relativism (Easterlin, 1974) are reference points of a theory that addresses international differences in per-capita incomes and variations in the contribution of income to happiness. The pivotal concept in this analysis is diligence. Painstaking...
Persistent link: https://www.econbiz.de/10012866509
Persistent link: https://www.econbiz.de/10003862981
This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters the accumulation of wealth. It proposes a measure for an individual's want of social status. For a given level of a population?s wealth, the corresponding aggregate measure of...
Persistent link: https://www.econbiz.de/10010265917