Despite some conflicting figures, the problem of income disparities has probably increased in China, especially in recent years. Though income disparity may be a natural outcome of a market economy, there are specific factors in China making it more of a problem. The negative effects of income...

Despite some conflicting figures, the problem of income disparities has probably increased in China, especially in recent years. Though income disparity may be a natural outcome of a market economy, there are specific factors in China making it more of a problem. The negative effects of income...

This paper applies the concept of mobility to cross-location price dynamics. Exploiting data on prices across Russian regions over 1994-2000, a contribution of relative and absolute mobility of regions to price convergence among them is analyzed

Este documento evalúa los efectos sobre la distribución del ingreso de la política de precios e impuestos a los combustibles aplicada entre julio de 1985 y julio de 1990, período en el cual el gobierno manipuló activamente dichos precios e impuestos para combatir la inflación y mejorar la...

This paper proposes a model of wealth distribution dynamics with a capital market imperfection and a production function where public capital is complementary to private capital. A unique invariant steady-state distribution is derived, with three social classes: subsistence workers, 'government...

Do structural reforms that aim to boost potential output also change the distribution of income? We shed light on this question by looking at the broad patterns in the cross-country data covering advanced, emerging-market, and low-income countries. Our main finding is that there is indeed...

An extensive literature has analysed the economic effects of transition patterns in Central and Eastern European and former Soviet Union countries. With few recent exceptions, analysis of the impacts of speed and sequencing of reforms has not concerned the dynamics of income inequality. In this...

An extensive literature has analysed the economic effects of transition patterns in Central and Eastern European and former Soviet Union countries. With few recent exceptions, analysis of the impacts of speed and sequencing of reforms has not concerned the dynamics of income inequality. In this...

Distributional patterns evolved quite differently and stabilized at diversified levels across the Central-Eastern European and former Soviet Union countries which underwent transition. In this paper we provide an overview of income inequality dynamics for 22 transition countries from 1989 to...

This paper examines developments in Albania`s income distribution and poverty during the transition to a market-oriented economy. It pays particular attention to the impact of price liberalization on the agricultural terms of trade and production, the decline in state enterprise employment,...