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The effects of inequality on economic growth depend on several factors. On one hand, they depend on the time horizon … considered, on the initial level of income and on its initial distribution. But, on the other hand, as growth and inequality are … activity. Moreover, it seems relevant to consider not only the levels of inequality and agglomeration, but also their change …
Persistent link: https://www.econbiz.de/10011515023
; Kuznets ratio; Theil inequality index, mean logarithmic deviation, and the Atkinson index. In the study settlements are either …
Persistent link: https://www.econbiz.de/10011504381
This study analyzes the impact of gender and ethnic discrimination on redistributive preferences and productivity using a large online experiment with US citizens on Amazon's Mechanical Turk. Participants are randomly allocated to different payment schemes for a real-effort task. Four payment...
Persistent link: https://www.econbiz.de/10012438196
Many markets ban monetary transfers. Rather than exogenously imposing this constraint, we introduce discrimination-freeness as a desideratum based on egalitarian objectives. Discrimination-freeness requires that an agent's object assignment is independent of his wealth. We show that money cannot...
Persistent link: https://www.econbiz.de/10012438206
The article is concerned with understanding the impact of social preferences and wealth inequality on aggregate … microeconomic level and how these in turn translate into macroeconomic outcomes. Increasing the workers' sensitivity to inequality … wealth differences raise aggregate profit and output but entail distributional utility losses and increased inequality …
Persistent link: https://www.econbiz.de/10012421506
Are children better off than their parents? This highly debated question in politics and economics is investigated by analysing the trends in absolute and relative intergenerational labour income mobility for Germany and the US. High quality panel data is used for this purpose; the SOEP for...
Persistent link: https://www.econbiz.de/10012231945
inequality. Simulations show that inequality generally builds up fast even if players have equal starting conditions and house … prices are stable; rising house prices imply more extreme inequality. An extension of the classical game with interest rates … inequality by more than high interest rates. The simulations also demonstrate a first-mover advantage both within a generation …
Persistent link: https://www.econbiz.de/10012268409
Persistent link: https://www.econbiz.de/10011630047
Persistent link: https://www.econbiz.de/10011345702
This article explores the ICT infrastructure enabling social media usage for disaster management. In the era of … information flow. In the existing ICT Infrastructure, social media tools have the capability of effectively diffusing the …-cultural aspect, and development, which imply on the level of ICT infrastructure. In the end the study proposes certain practical and …
Persistent link: https://www.econbiz.de/10011526199