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Distribution and growth in an economy with limited needs
Saint-Paul, Gilles - 2001
knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …
Persistent link: https://www.econbiz.de/10011401020
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Why Are Earnings Distributions Kinky : Upwards Earnings Management by Small-Profit Firms or Income Smoothing by Many Firms?
Harris, David G. - 2014
Previous literature on earnings management has examined the maintained hypothesis that firms barely beating earnings benchmarks are earnings manipulators with earnings before accounting manipulation otherwise slightly below their benchmarks and has implemented research designs that treat all...
Persistent link: https://www.econbiz.de/10013067206
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Occupational choice and matching in the labor market
Mak, Eric; Siow, Aloysius - 2017
Integrating Roy with Becker, this paper studies occupational choice and matching in the labor market. Our model generates occupation earnings distributions which are right skewed, have firm fixed effects, and large changes in aggregate earnings inequality without significant changes in within...
Persistent link: https://www.econbiz.de/10011613424
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Globalization, wage polarization, and the unstable great ratio
Cozzi, Guido; Impullitti, Giammario - 2014
The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...
Persistent link: https://www.econbiz.de/10010417976
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The distribution of earnings under monopsonistic/polistic competition
Thisse, Jacques-François; Toulemonde, Eric - 2010
rationalize this by assuming that diosyncratic non-pecuniary conditions interact with money wages in workers' decisions to work …
Persistent link: https://www.econbiz.de/10008810540
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Coordination, Inclusiveness and Wage Inequality between Median and Bottom Income Workers
Vlandas, Tim - 2016
What explains cross-national variation in wage inequality? Research in comparative political economy stresses the importance of the welfare state and wage coordination in reducing not only disposable income inequality but also gross earnings inequality. However, the cross-national variation in...
Persistent link: https://www.econbiz.de/10012992707
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The Distribution of Earnings Under Monopsonistic/Polistic Competition
Thisse, Jacques-François - 2010
rationalize this by assuming that idiosyncratic non-pecuniary conditions interact with money wages in workers' decisions to work …
Persistent link: https://www.econbiz.de/10013139040
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The inequality-financial markets nexus : implications for developing metrics for voluntary disclosures
Khan, Zoheb; Theobald, Stuart; Ewinyu, Arabo K.; … - 2024
Persistent link: https://www.econbiz.de/10014468836
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Disclosure of Corporate Risk from Socio-Economic Inequality
Cort, Todd; Park, Stephen; Nascimento, Decio - 2022
Growing socio-economic inequality poses one of the greatest challenges to society, thereby raising new questions about the responsibility of corporations to address its effects. Inequality also poses material risks on business performance, including inefficient production, reduced innovation,...
Persistent link: https://www.econbiz.de/10013296661
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Disclosure as Distribution
Sheff, Jeremy N. - 2013
This brief Response to the work of Professors Omri Ben-Shahar and Carl Schneider on mandated disclosure regimes investigates the normative criteria underlying their claim that those regimes are failures. Specifically, it unpacks the pieces of those authors' implicit cost-benefit analysis,...
Persistent link: https://www.econbiz.de/10013081721