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channels through which structural change and inequality reinforce each other and show how they simultaneously emerge from …
Persistent link: https://www.econbiz.de/10011420552
countries since the collapse of communism. Most countries experienced an increase in wage inequality during the initial shock of … inequality. These changes are arguably the best guide to future trends in the wage distribution. Taking the case of Poland …, rising inequality appears to be entirely accounted for by an increased incidence of workless households. This rise in …
Persistent link: https://www.econbiz.de/10011400803
This paper examines the effects of financial development on income inequality and poverty. The results of both cross …-country and panel data regressions suggest that inequality and poverty are reduced not only through enhanced loan markets, but … robust determinants of both income inequality and poverty. Finally, we find evidence that government spending leads to a …
Persistent link: https://www.econbiz.de/10008748148
We examine the extent to which declining manufacturing employment may have contributed to increasing inequality in …: the high initial manufacturing wage premium and the high level of income inequality. The manufacturing wage premium … declined between the 1980s and the 2000s in the United States, but it does not explain the contemporaneous rise in inequality …
Persistent link: https://www.econbiz.de/10012052312
This paper investigates the impact of financialization and changes in corporate governance on income inequality for a … financialization and hence changes in corporate governance are relevant contributors to the rise in income inequality. Our results … sample of 13 OECD countries between 1980 and 2010. Though financialization and changes in corporate governance have been …
Persistent link: https://www.econbiz.de/10010408326
Persistent link: https://www.econbiz.de/10012415582
This paper examines the effects of financial development on income inequality and poverty. The results of both cross …-country and panel data regressions suggest that inequality and poverty are reduced not only through enhanced loan markets, but … robust determinants of both income inequality and poverty. Finally, we find evidence that government spending leads to a …
Persistent link: https://www.econbiz.de/10011753191
countries since the collapse of communism. Most countries experienced an increase in wage inequality during the initial shock of … inequality. These changes are arguably the best guide to future trends in the wage distribution. Taking the case of Poland …, rising inequality appears to be entirely accounted for by an increased incidence of workless households. This rise in …
Persistent link: https://www.econbiz.de/10010262471
After a decade in which wages and employment fell precipitously in low-skill occupations and expanded in high-skill occupations, the shape of U.S. earnings and job growth sharply polarized in the 1990s. Employment shares and relative earnings rose in both low and high-skill jobs, leading to a...
Persistent link: https://www.econbiz.de/10010271316
the inequality, ask how risk influences agents' behavior in Bayesian games, and study con-cavity of policy functions in …
Persistent link: https://www.econbiz.de/10010602478