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This paper explores the contribution of the minimum wage to the well documented rise in earnings inequality in Mexico … entire rise in inequality at the bottom of the distribution. Our result challenges the widespread perception that trade … induced shocks are the single most important factor behind the recent rise in earnings inequality in several less developed …
Persistent link: https://www.econbiz.de/10005017026
negative relationship between growth and income inequality observed in the cross-country data and the positive relationship … driven by formal sector human capital spillovers. Restrictive institutions impose barriers to formality that reduce the … growth rate and increase inequality. Redistributive taxation lowers inequality but blunts the incentive to accumulate …
Persistent link: https://www.econbiz.de/10005063388
suggest that: (a) increasing property rights protection increases income inequality; (b) this effect is larger in low …-democracy environments; (c) few countries have developed political institutions capable of counterbalancing this effect. …
Persistent link: https://www.econbiz.de/10009145442
economies, economic institutions, such as property rights systems, may act to preserve the interests of a rich minority, but …. Results suggest that: (a) increasing the protection of property rights increases income inequality; (b) such an effect is … larger in low-democracy environments; (c) a minority of countries have developed a set political institutions capable of …
Persistent link: https://www.econbiz.de/10004967196
inequality and in the incidence of labor informality, while similar changes also took place in other Latin American countries … on the relation between informality and wage inequality through a RIF-based regression decomposition analysis which …. These trends were observed in a period of strong economic dynamism. Most extended explanations for this declining inequality …
Persistent link: https://www.econbiz.de/10011655796
Minimum wage (MW) policies are widespread in the developing world and yet their effects are still unclear. In this paper we explore the effect of national MW policies in Latin America’s six largest economies by exploiting the heterogeneity in the bite of the national minimum wage across local...
Persistent link: https://www.econbiz.de/10014466614
Persistent link: https://www.econbiz.de/10013183811
Persistent link: https://www.econbiz.de/10012698510
This paper presents new evidence on the relationship between corruption and income inequality. Using a panel data … methodology, we find that lower corruption is associated with higher income inequality in Latin America. This result is in … relationship between inequality and corruption suggests that institutional reform policies by themselves may be misguided. …
Persistent link: https://www.econbiz.de/10010273887
This paper provides a survey of the economic literature relevant to social instability in China and moulds it into an argument. The objective is to offer a fresh view of economic policy and performance through the lens of the threat posed by social instability. This is a concept that economists...
Persistent link: https://www.econbiz.de/10010875325