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Persistent link: https://www.econbiz.de/10011922096
We model the evolution of age-dependent personal income distribution and inequality as expressed by the Gini ratio. In … our framework, inequality is an emergent property of a theoretical model we develop for the dynamics of individual incomes … in the Gini ratio since 2000. In the youngest age group (from 15 to 24 years), however, the level of income inequality …
Persistent link: https://www.econbiz.de/10011259180
We investigate the effect of U.S. military aid and U.S. troop deployments on anti-American terrorism, using a sample of 106 countries between 1986 and 2011. We find that greater military commitment leads to more anti-American terrorism. We study the underlying mechanisms using a mediation...
Persistent link: https://www.econbiz.de/10011756796
The "ratchet effect" refers to a phenomenon where workers whose compensation is based on productivity strategically restrict their output, relative to their capability, because they rationally anticipate that high levels of output will be met with increased or "ratcheted-up" expectations in the...
Persistent link: https://www.econbiz.de/10011484559
Human players in our laboratory experiment received flow payoffs over 120 seconds each period from a standard Hawk-Dove bimatrix game played in continuous time. Play converged closely to the symmetric mixed Nash equilibrium under a one-population matching protocol. When the same players were...
Persistent link: https://www.econbiz.de/10009658435
In a number of high-income countries over the past few decades there has been a large growth in income inequality and … an appropriate response to rising inequality is a shift towards a more progressive multi-bracket income tax system, with …
Persistent link: https://www.econbiz.de/10010374096
, regardless of (non-)random assignment to social jobs and the level of income inequality, individuals in social jobs are only …
Persistent link: https://www.econbiz.de/10011455517
investigate perceived social position and income inequality in six different countries between the 1990's and 2000's in order to … inequality in perceptions. Consequently, the dynamics of perceptions can help explain, for example, the empirical evidence … with increasing inequality detected in some countries. …
Persistent link: https://www.econbiz.de/10011484327
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
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/10011294713