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redistribution. It shows that when globalization increases inequality, a policymaker interested in maximizing the sum of welfares of … all agents increases redistribution. Empirically, the paper examines the effects of globalization on inequality and … redistribution have been increasing with globalization. The results are robust to the inclusion of many different controls and the …
Persistent link: https://www.econbiz.de/10011343065
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link … between globalization and income inequality differs across different groups of countries. There is a robust positive …
Persistent link: https://www.econbiz.de/10011789164
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link … between globalization and income inequality differs across different groups of countries. There is a robust positive …
Persistent link: https://www.econbiz.de/10011794029
We examine the effect of economic globalisation on income redistribution and hypothesise that it depends on ethnic … jure financial globalisation on redistribution. In particular, the total effect of de jure financial globalisation on … redistribution is negative in highly fractionalised countries. Governments in these countries are apparently not only reluctant to …
Persistent link: https://www.econbiz.de/10012130069
The Gulf Cooperation Council (GCC) countries accept massive numbers of migrants from poor countries and pay wages that dramatically improve over outside options but are meagre by the standards of natives. As such they do dramatically more per capita to reduce global inequality than do the...
Persistent link: https://www.econbiz.de/10014141591
Some middle-income economies, many of which Latin American, have not achieved to make the transition into high-income status for long years and are allegedly trapped in middle-income status. While there is considerable consensus on the proximate causes of this phenomenon, we present a global...
Persistent link: https://www.econbiz.de/10011957945
Persistent link: https://www.econbiz.de/10012206784
redistribution. It shows that when globalization increases inequality, a policymaker interested in maximizing the sum of welfares of … all agents increases redistribution. Empirically, the paper examines the effects of globalization on inequality and … redistribution have been increasing with globalization. The results are robust to the inclusion of many different controls and the …
Persistent link: https://www.econbiz.de/10013013496
This paper presents preliminary evidence of the annual global income distribution since 1950 using a new integrated dataset that aggregates standardized country income distributions at the percentile level estimated from various sources in the World Income Inequality Database. I analyse the...
Persistent link: https://www.econbiz.de/10012509562
We compare four methodologies to estimate the global distribution of income and find that many methods work well, but the method based on two-parameter distributions is more accurate than other methods. This method is simpler, easier to implement and relies on a more internationally-comparable...
Persistent link: https://www.econbiz.de/10011578053