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Income Distribution and Macroeconomics
Galor, Oded; Zeira, Joseph - Volkswirtschaftliche Fakultät, … - 1988
This paper analyzes the role of income distribution in macroeconomic analysis. The study demonstrates that the long-run equilibrium depends on the initial distribution of income. In accordance with empirical evidence concerning the correlation between income distribution and output, an economy...
Persistent link: https://www.econbiz.de/10011109703
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Growth, inequality and labor markets in LDCs : a survey : presented at CESifo Venice Summer Institute, Workshop on dissecting globalization, July 2004
Qimḥî, Ayyāl - 2004
This paper surveys the empirical literature on the association between growth on inequality in less developed countries …, with a particular emphasis on labor market inequality. Crosscountry studies failed to find a clear link from growth to … inequality increases with growth. The paper argues that the methodologies used in many of the empirical applications, designed to …
Persistent link: https://www.econbiz.de/10011450868
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Markups, taxes, and rising inequality
Auray, Stéphane; Eyquem, Aurélien; Garbinti, Bertrand; … - 2022
How to explain rising income and wealth inequality? We build an original heterogeneous-agent model with three key features: (i) an explicit link between firm's market power and top income shares, (ii) a granular representation of the tax and transfer system, and (iii) three assets with...
Persistent link: https://www.econbiz.de/10013384710
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Functional distribution and wage inequality in recent Kaleckian growth models
Hein, Eckhard; Prante, Franz - 2018
growth. On the one hand, we address modelling approaches in which a distinction is made between managers and workers, where … neo-Kaleckian distribution and growth model with wage inequality, which allows for different medium-run demand regimes in …
Persistent link: https://www.econbiz.de/10011929194
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Inequality, Technology and Job Polarization of the Youth Labor Market in Europe
Bheemaiah, Kariappa - 2015
This paper presents a connecting methodology in order to trace the emerging dynamics of inequality for the youth populace of Europe. We determine that the development of these dynamics are directly affected by the advancement of technology, and especially related to Information and Communication...
Persistent link: https://www.econbiz.de/10013021498
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Education, growth and income inequality
Teulings, Coen N.; Rens, Thijs van - 2003 - This version: February 2003
Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the private return to schooling. We present a simple explanation combining two ideas: imperfect substitution and endogenous skill-biased technological progress and use cross-country...
Persistent link: https://www.econbiz.de/10011325967
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Long run trends in the distribution of income and wealth
Roine, Jesper; Waldenström, Daniel - 2014
that top shares increase in periods of above average growth while democracy and high marginal tax rates are associated with …
Persistent link: https://www.econbiz.de/10012110653
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Long-Run Trends in the Distribution of Income and Wealth
Roine, Jesper; Waldenström, Daniel - 2014
that top shares increase in periods of above average growth while democracy and high marginal tax rates are associat …
Persistent link: https://www.econbiz.de/10010504491
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The Evolution of Top Incomes in an Egalitarian Society; Sweden, 1903–2004
Roine, Jesper; Waldenström, Daniel - 2006
This study presents new homogenous series of top income shares in Sweden over the period 1903-2004. We find that, starting from levels of inequality approximately equal to those in other Western countries at the time, the income share of the Swedish top decile drops sharply over the first eighty...
Persistent link: https://www.econbiz.de/10010320074
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The evolution of top incomes in an egalitarian society: Sweden, 1903 - 2004
Roine, Jesper; Waldenström, Daniel - 2006
This study presents new homogenous series of top income shares in Sweden over the period 1903 to 2004. We find that, starting from higher levels of inequality than in other Western countries, the income share of the Swedish top decile drops sharply over the first eighty years of the century. The...
Persistent link: https://www.econbiz.de/10010281326