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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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The impact of monetary policy on inequality in the UK : an empirical analysis
Mumtaz, Haroon; Theophilopoulou, Angeliki - 2016
The UK has experienced a dramatic increase in earnings and income inequality over the past four decades. We use … detailed micro level information to construct quarterly historical measures of inequality from 1969 to 2012. We investigate … whether monetary policy shocks played a role in explaining this increase in inequality. We find that contractionary monetary …
Persistent link: https://www.econbiz.de/10011431334
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Estimating welfare indices : household weights and sample design
Cowell, Frank A.; Jenkins, Stephen - 2000
The techniques of simple random sampling are seldom appropriate in the empirical analysis of income distributions. Various types of weighting schemes are usually required either from the point of view of welfare-economic considerations (the mapping of household/family distributions into...
Persistent link: https://www.econbiz.de/10011433685
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What has been happening to UK income inequality since the mid-1990s? : answers from reconciled and combined household survey and tax return data
Burkhauser, Richard V.; Hérault, Nicolas; Jenkins, Stephen - 2016
Estimates of UK income inequality trends differ substantially according to whether estimates are based on household … top incomes in the latter, and provide improved estimates of UK inequality trends since the mid-1990s. We show there was a … marked increase in income inequality in the early 2000s that survey-based estimates do not reveal, and our conclusions are …
Persistent link: https://www.econbiz.de/10011434172
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Decomposing differences in health and inequality using quasi-objective health indices
Heger, Dörte - 2016
People in Canada and the U.S. often make claims regarding whose country has a better health system. Several researchers have attempted to address this question by analysing subjective health in the two countries, thus assuming a common definition of “good” health. Using data from the Joint...
Persistent link: https://www.econbiz.de/10011434372
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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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Earnings inequality, the business cycle, and the life cycle
Alessandrini, Diana; Kosempel, Stephen; Pelloni, Alessandra - 2016
Persistent link: https://www.econbiz.de/10011434479
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The covariance structure of East and West German incomes and its implications for the persistence of poverty and inequality
Biewen, Martin - 2002
persistence of transitory shocks and their implications for the persistence of poverty and income inequality. The results suggest … that 52 to 69 percent of income inequality in West Germany were due to permanent differences between individuals and that … to overall income inequality increased from 20 percent in 1990 to over 70 percent in 1998 and the persistence of poverty …
Persistent link: https://www.econbiz.de/10011436290
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Devaluation of one's labor in labor-commodities-money-commodities-labor exchange as a cause of inequality growth
Tanguiane, Andranick S. - 2016
The inequality growth during the last quarter century is explained as caused by a decreasing labor-labor exchange rate …, Japan, United Kingdom and United States) and Denmark (known for the world least inequality). Finally, it is shown that the … dependence between the degree of inequality and the degree of decline of the labor-labor exchange rate is statistically highly …
Persistent link: https://www.econbiz.de/10011436952