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background or real-life income have hardly any impact on unveiled decision making. We conclude that in our experimental democracy … inequality perpetuated by social immobility is likely to undermine the general support for market-based systems. …
Persistent link: https://www.econbiz.de/10014504499
This paper examines the causal relationship between financial development, economic growth and financial crisis in the five Asian emerging economies (India, Indonesia, South Korea, Malaysia and Thailand) during the period 1982 to 2007. All of these countries are known as emerging economies with...
Persistent link: https://www.econbiz.de/10010289428
The paper recounts the history of the finance-growth nexus research from its origins to the yearly 1990s. The contributions are analyzed in connection with the socioeconomic context and advances in economic theory. Many ideas first expressed decades ago are still subject to constant discussions...
Persistent link: https://www.econbiz.de/10010311172
Persistent link: https://www.econbiz.de/10011696119
, which brings into question the effect they may have on inequality between and within different groups of workers. …
Persistent link: https://www.econbiz.de/10011573694
This article examines the structure of gender and ethnic wage gaps and the distribution of both paid and unpaid work in LAC countries. Its main contribution is to expose the double discrimination endured by women in the region. Indeed, the results indicate that women are highly discriminated in...
Persistent link: https://www.econbiz.de/10011603710
Direct wage comparisons show that public-sector employees earn around 15% more than private-sector employees. But should these differences be interpreted as a “public-sector premium”? Two points need to be considered. First, the public and private sectors differ in the jobs they offer and...
Persistent link: https://www.econbiz.de/10011404985
Immigrants contribute to the economic development of the host country, but they earn less at entry and it takes many years for them to achieve parity of income. For some immigrant groups, the wage gap never closes. There is a wide variation across countries in the entry wage gap and the speed of...
Persistent link: https://www.econbiz.de/10011404988
The aim of this paper is to provide fresh empirical evidence on the mechanisms through which wage inequality affects …-being and inequality. Her results are robust to different specifications and different definitions of the reference group. …
Persistent link: https://www.econbiz.de/10010331148
This paper presents evidence on a rise and fall in income inequality in Chile during the past two decades. We show that … income inequality rises from 1990 to 2000 and then falls from 2000 to 2011. We perform simple but informative decompositions … to figure out the contributing factors behind that dissimilarity in the behavior of inequality across those two …
Persistent link: https://www.econbiz.de/10011994321