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Empirical studies on minimum wages are primarily concerned with employment while their effects on income inequality … and reduce income inequality. We examine this assertion for different minimum wage levels on the basis of a … will only have a minor impact on inequality among households with at least one minimum-wage worker. Low wage earners are …
Persistent link: https://www.econbiz.de/10010341614
In this paper we examine the possible distributional impacts of new trade barriers associated with the new Trade and Cooperation Agreement governing relations between the UK and EU after Brexit. We use a model of labour demand that incorporates input-output links across industries, and that...
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, this paper summarizes research findings on the relationship between urbanization, urban-rural inequality, and poverty, and …
Persistent link: https://www.econbiz.de/10011522047
Mexican wage inequality rose following Mexico's accession to the General Agreement on Tariffs and Trade/World Trade … Organization in 1986. Since the mid-1990s, however, wage inequality has been falling. Since most trade models suggest that output … prices can affect factor prices, this paper explores the relationship between output prices and wage inequality. The rise of …
Persistent link: https://www.econbiz.de/10011526745
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network structure and report their contribution to total income inequality in Brazil. Finally, we quantify the relative …
Persistent link: https://www.econbiz.de/10012021908
The last four decades have been marked by growing inequality. The inequality of income and wealth is one of the most … important macroeconomic issues of our time. Inequality contributed to Global Savings Glut and Global Financial Crisis through … factors, monetary policy, high leverage and the development of new money substitutes are critical in explaining the inequality …
Persistent link: https://www.econbiz.de/10012062552