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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/10005822346
We examine what determines differences across countries and over time in the distribution of personal incomes in the OECD. We first model the wage determination process and show that unemployment, the labour share, and the wage differential are all functions of labour market institutions. Next...
Persistent link: https://www.econbiz.de/10005822637
This paper analyses the dynamics of income inequality of wage earners in Slovenia from 1991 to 2005, using two different datasets. Both are derived from the personal income tax files. The first is obtained by the Statistical Office of Slovenia, extracting all full-time employees from these files...
Persistent link: https://www.econbiz.de/10005836656
This paper investigates whether the ‘Kuznets hypothesis’, that economic growth from low levels of GDP per capita is initially associated with an increase in income inequality and later followed by a decline in inequality, is supported by evidence for a less-developed country, Indonesia. The...
Persistent link: https://www.econbiz.de/10005837496
What are the effects of strengthening patent protection on income and consumption inequality? To analyze this question, this paper incorporates heterogeneity in the initial wealth of households into a canonical quality-ladder growth model with endogenous labor supply. In this model, I firstly...
Persistent link: https://www.econbiz.de/10005837538
Once with the latest wave of globalization, economic inequality regains an important place in the developmental studies. If the purpose of the contemporary globalization viewed from a neoclassical perspective is to achieve a convergence of productivity levels and average incomes for the...
Persistent link: https://www.econbiz.de/10010599247
Slovenia belongs to a group of EU member states that have reduced their personal income tax burden during the current financial and economic crisis. The latest changes, introduced in the personal income tax system during the last two years, have primarily reduced the tax burden on low-income...
Persistent link: https://www.econbiz.de/10009203641
The paper compares and assesses the income inequality impact of three macroeconomic policy approaches, that is the theoretical Washington Consensus codified by John Williamson, the ‘real-life’ Washington Consensus and the structuralist macro approach which evolved during the last decade in...
Persistent link: https://www.econbiz.de/10010678548
The presented article uses the method of non-weighted average absolute deviation for expressing income inequality in the 11 selected Central and Eastern European Countries. Specifically, the analysis of income inequality is done for Poland, Czech Republic, Slovak Republic, Austria, Slovenia,...
Persistent link: https://www.econbiz.de/10011249461
This paper analyses the extent of income inequality and opportunity inequality in 25 European countries. The present work contributes to understanding the origin of standard income inequality, helping to identify potential institutional setups that are associated to opportu nity inequality. We...
Persistent link: https://www.econbiz.de/10011220522