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-coefficients were used for measuring earnings inequality. Relative changes in earnings inequality for sickness benefits were explained …
Persistent link: https://www.econbiz.de/10003379247
While standard political economy theories suggest a moderating effect of democratization on income inequality … first, that prevailing ideology may be an important determinant of inequality and, second, that the democratization effect … income groups, hence democratization may have only a negligible effect on inequality. On the other hand, in societies where …
Persistent link: https://www.econbiz.de/10011397917
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capital augmenting technological progress on the distribution of income and wage inequality. This paper attempts to fill this … explains rising inequality. Our results also underline the existence of capital-skill complementarity: firms with higher …
Persistent link: https://www.econbiz.de/10011419822
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The UK has experienced a dramatic increase in earnings and income inequality over the past four decades. We use … detailed micro level information to construct quarterly historical measures of inequality from 1969 to 2012. We investigate … whether monetary policy shocks played a role in explaining this increase in inequality. We find that contractionary monetary …
Persistent link: https://www.econbiz.de/10011431334
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-an inverse-U shape relationship between income inequality and per capita GDP-that is relatively stable from the 1960s into the … 2000s. The direct effect of international openness on income inequality is also found to be positive. On the other hand, a … cross-country-growth equation shows a negative effect of income inequality on economic growth, holding fixed a familiar set …
Persistent link: https://www.econbiz.de/10011282136
This paper investigates to which extent outward foreign direct investment (FDI) affects domestic wages. We are first interested in the raw wage differential between multinational and domestic firms. Results reveal that multinational companies pay a wage premium to their employees, even within...
Persistent link: https://www.econbiz.de/10011283187