We use the Levy Institute Measure of Economic Well-being (LIMEW), the most comprehensive income measure available to date, to compare economic well-being in Canada and the United States in the first decade of the 21st century. This study represents the first international comparison based on...

We use the Levy Institute Measure of Economic Well-being (LIMEW), the most comprehensive income measure available to date, to compare economic well-being in Canada and the United States in the first decade of the 21st century. This study represents the first international comparison based on...

This paper analyzes the accumulation pattern of Spanish capitalism during the last half a century, based on the evolution of the capital return and the behavior of its main determinants: distribution and technical change. First, it explains the accumulation logic of the theory of work-value and...

In this paper we assess the evolution of employment and wage inequality in Europe and the US labour markets over the past two decades. We find that the salient trends in wage structures are more complicated than implied by the so-called “unified theory.” Furthermore there is no clear...

It is appropriate to take stock of extant measures of income inequality as they pertain to their utility in cross-national models of political and economic performance. Are some measures more reliable and valid than others? What about data coverage, conceptual mapping of similar indicators,...

The Internet is generally held to be a force for job growth. However, this view is empirically incorrect in the short term. The paper will show negative impacts, with the Internet a force of inequality. This leads to an analysis of how to deal with the losers in the information economy, and how...

The Eroding Trust in Capitalism and its Consequences for Law: On both sides of the Atlantic, legislators consider a cap on manager income. As a redistributive intervention, the cap would be misplaced. It affects such a small number of persons that the effect on the Gini coefficient would be...

The finance dominated type of capitalism that has developed from the late 1970s and early 1980s on finds its nucleus in the deregulation of the national and international financial system and the switch to a shareholder oriented corporate governance system. Other aspects such as labour market...

Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can have severe economic consequences, as they may cause counterproductive behavior such as rulebook slowdowns or quality shading. To analyze fairness perceptions associated with...