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-income countries could raise income inequality in Europe and the US, empirical estimates indicated only a modest contribution of trade … emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower … the unequal impacts of trade can manifest along different margins. Recent evidence from countries across Europe and the US …
Persistent link: https://www.econbiz.de/10012745407
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To what extent can increasing inequality be explained by globalization? And if there is a connection, what if anything … can and should be done about it? This chapter begins with an overview of how conventional trade theory has fared in … predicting changes in inequality and how it has needed to be extended and expanded when, contrary to some received wisdom …
Persistent link: https://www.econbiz.de/10014025325
intermediates and intra-firm wage inequality. Our results show that intermediate input importers not only have a significant wage … for productivity and use trade costs as the instruments. We further investigate the mechanism of how importing … intermediates might contribute to both inter-firm and intra-firm wage inequality. Our evidence is consistent with three important …
Persistent link: https://www.econbiz.de/10011995909
Inequality and fairness have always been at the heart of any political concept aiming at the well-being of the people … inequality, the existence of inequality aversion has become a generally accepted fact in Economics. This dissertation contributes … to the ensuing debate on causes, consequences, and measurement of inequality. It consists of three essays providing …
Persistent link: https://www.econbiz.de/10012315933
that income inequality is perceived very differently depending on openness to trade. The relevance of perceptions has wider … research examining the issue has concentrated on international specialization and within-country income inequality as main … income distribution has widened and whether trade is responsible indeed. However, political trends may be more grounded in …
Persistent link: https://www.econbiz.de/10011870318
Studying the poverty and income distribution effects of macroeconomic policies or shocks requires a methodology that accounts on the one hand for the nature of the policy or shock being studied and their aggregate impact on the economy and, on the other hand, the heterogeneity of their overall...
Persistent link: https://www.econbiz.de/10014025270
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of ‘inclusive growth’ must overcome the challenges prompted by reduced inequalities between countries, growing inequality …
Persistent link: https://www.econbiz.de/10011843058