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The objective of the paper is to answer an often-asked question: if tariff rates are reduced, what will happen to wage inequality? We consider two types of wage inequality: between occupations (skills premium) and between industries. We use two large databases of wage inequality that have become...
Persistent link: https://www.econbiz.de/10014065241
The gender income gap is large and well documented for many countries. Recent research shows that it is mainly driven by differences in working patterns between men and women, but also by wage differences. The tax-benefit system cushions the gender income gap by redistributing between men and...
Persistent link: https://www.econbiz.de/10014088550
Firms play an important role in shaping income inequality at the aggregated country level, given that wages represent a significant proportion of household income. We investigate the distributional consequences of capital account liberalization, relying on firm level data to explore the...
Persistent link: https://www.econbiz.de/10014254183
Persistent link: https://www.econbiz.de/10013058225
This paper offers recommendations about how we can promote economic justice in the face of globalization. At the outset this paper discusses the dramatic increase in earnings and income inequality since the 1970s, about the time when globalization took off. Next, this paper considers the...
Persistent link: https://www.econbiz.de/10014222411
Are labor markets in higher-income countries more meritocratic, in the sense that worker-job matching is based on skills rather than idiosyncratic attributes unrelated to productivity? If so, why? And what are the aggregate consequences? Using internationally comparable data on worker skills and...
Persistent link: https://www.econbiz.de/10014520525
This paper focuses on the importance data issues to the analysis of growth, poverty and economic inequality. We introduce a number of major databases frequently used in applied research on growth, poverty and global and international inequality. A discussion of data quality, data consistency,...
Persistent link: https://www.econbiz.de/10010262015
This review covers a range of measures and methods frequently employed in empirical analysis of global income inequality and global income distribution. Different determinant factors along with quantification of their impacts and empirical results from different case studies are presented. These...
Persistent link: https://www.econbiz.de/10010262018
Income inequality can be measured at different levels of aggregation such as global, continental, international and national levels. Here we consider income inequality at regions defined as equivalent of continental and sub-continental levels. We investigate the economic disparity between...
Persistent link: https://www.econbiz.de/10010262022
In many countries extreme poverty is unnecessary. Yet it persists. We propose a simple index, denoted the Miser index, to measure the extent to which societies have poverty in the midst of affluence. It builds on the generalized Lorenz curve, but can also be seen as a measure of polarization...
Persistent link: https://www.econbiz.de/10010275899