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United States (1921-2012) to estimate two Gini-like indices representing inequality at the bottom and the top of the income … to be mostly explained by an increase in inequality at the bottom of the income distribution, which more than offsets the … decrease in inequality at the top. The implication is that middle incomes gained relative to high incomes, but especially …
Persistent link: https://www.econbiz.de/10010462516
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In this paper, we explore the relationship between state-level household income inequality and macroeconomic … inequality responses to a national uncertainty shock. The results suggest that income inequality decreases in most states, with a …, mostly located in the West and South census region, display increasing levels of income inequality over time. We find that …
Persistent link: https://www.econbiz.de/10011930269
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Concerns about widening inequality have increased attention on the topic of equality of opportunities and …
Persistent link: https://www.econbiz.de/10014507194
This Paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the … possible rationale for recent inequality developments. …
Persistent link: https://www.econbiz.de/10010332733
disclose the dramatic upward trend in inequality. On this basis, we estimate a two-equation model for the income distribution … labour share fall, while its increase in the 2000s prevented inequality from worsening three times more than it actually did …. In turn, had financialisation not increased after 2005, inequality would have decreased to its level in the early …
Persistent link: https://www.econbiz.de/10010368155
While the allocative efficiency of mobility is typically considered to be positive but small in the long run, the induced changes in equality may be considerable in size. In practice, however, migrants typically improve their income position in comparison to those at home, stimulate the economic...
Persistent link: https://www.econbiz.de/10010268747
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over … possible rationale for recent inequality developments. …
Persistent link: https://www.econbiz.de/10010272949