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Financial development and inequality in the global economy
Ehrlich, Maximilian von; Seidel, Tobias - 2016
development for inequality in the global economy. If there are many small firms, better access to external funds reduces wage … inequality and unemployment. In contrast, if there are many high-productive firms (those that export), financial development may … have opposite effects - especially if trade costs are low. In sum, the implications of financial development for inequality …
Persistent link: https://www.econbiz.de/10011430585
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Financial development and inequality in the global economy
Ehrlich, Maximilian von; Seidel, Tobias - 2016
development for inequality in the global economy. If there are many small firms, better access to external funds reduces wage … inequality and unemployment. In contrast, if there are many highproductive firms (those that export), financial development may … have opposite effects - especially if trade costs are low. In sum, the implications of financial development for inequality …
Persistent link: https://www.econbiz.de/10011434439
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Gender-segmented labor markets and trade shocks
Góes, Carlos; López Acevedo, Gladys; Robertson, Raymond - 2023
This paper focuses on how gender segmentation in labor markets shapes the local effects of international trade. We first develop a theoretical framework that embeds trade and gender-segmented labor markets to show that foreign demand shocks may either increase or decrease the female-to-male...
Persistent link: https://www.econbiz.de/10013500673
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The labour share of income: Heterogeneous causes for parallel movements?
Hogrefe, Jan; Kappler, Marcus - 2010
The aim of this paper is to take a structured approach at estimating the coefficients of factors explaining movements of the labour share across countries. In particular, we focus on proper dynamic specification and test the validity of the homogeneity assumption of slope coefficients frequently...
Persistent link: https://www.econbiz.de/10010300382
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What determines the share of labour in national income? A cross-country analysis
Guerriero, Marta; Sen, Kunal - 2012
Recent evidence on functional income distribution suggests that the shares of capital and labour in national income vary considerably both over time and across countries. Specifically, there seems to be a general reduction in the labour share around the world, in particular from the mid-1980s...
Persistent link: https://www.econbiz.de/10010283932
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The labour share of income : heterogeneous causes for parallel movements?
Hogrefe, Jan; Kappler, Marcus - 2010
The aim of this paper is to take a structured approach at estimating the coefficients of factors explaining movements of the labour share across countries. In particular, we focus on proper dynamic specification and test the validity of the homogeneity assumption of slope coefficients frequently...
Persistent link: https://www.econbiz.de/10003961521
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What determines the share of labour in national income? : a cross-country analysis
Guerriero, Marta; Sen, Kunal - 2012
Recent evidence on functional income distribution suggests that the shares of capital and labour in national income vary considerably both over time and across countries. Specifically, there seems to be a general reduction in the labour share around the world, in particular from the mid-1980s...
Persistent link: https://www.econbiz.de/10009548636
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Globalization and income inequality : the role of transmission mechanisms
Hennighausen, Tanja - 2014
market outcomes (transmission channels) and to test how these translate into a greater (or smaller) income inequality …
Persistent link: https://www.econbiz.de/10010354569
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What Determines the Share of Labour in National Income? A Cross-Country Analysis
Guerriero, Marta - 2012
Recent evidence on functional income distribution suggests that the shares of capital and labour in national income vary considerably both over time and across countries. Specifically, there seems to be a general reduction in the labour share around the world, in particular from the mid-1980s...
Persistent link: https://www.econbiz.de/10013104675
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Economic Insecurity in the New Wave of Globalization : Offshoring and the Labor Share Under Varieties of Capitalism
Milberg, William - 2010
Countries subject to the same degree of exposure to globalization may experience very different levels of economic insecurity depending on social support or employment protections provided by the state or even due to insurance obtained by households. We identify five varieties of industrialized...
Persistent link: https://www.econbiz.de/10013141331