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This paper first develops a structural micro-founded model of aggregate net migration flow using matching ideas to study how migrants choose between multiple locations using multiple criteria. Migration should reduce inequality in the criteria. Most migration models either do not handle multiple...
Persistent link: https://www.econbiz.de/10009758599
This paper aims to provide a conceptual and operational context for analysing regional inequalities. It does so by utilizing a 'search & matching' framework. The model, developed in this paper, maps the way in which individuals are distributed according to: 1) the abilities of individuals to...
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accommodates the fairness of reward to individual responsibility and effort, while allowing for the existence of some inequalities …
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We axiomatically characterize two classes of poverty measures which are sensitive to inequality of opportunity - one a strict subset of the other. The proposed indices are sensitive not only to income shortfalls from the poverty line, but also to differences in opportunities faced by people with...
Persistent link: https://www.econbiz.de/10010226762
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. We construct two new metadata...
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