Eine theoretische Analyse beleuchtet die strategische Investitionsentscheidung zweier Länder in die Ausbildung ihrer Abiturienten im Kontext von freier Studienortwahl und gebührenfreiem Studium. Die freie Inanspruchnahme des Bildungsangebots durch Abiturienten anderer Länder verursacht eine...

Cross-country studies have found a negative relationship between income inequality and economic growth. The main problem with the cross-country analyses is the poor quality of the data on income distribution. This paper tests the robustness of the cross-country results to the use of a more...

This paper aims to describe the ongoing process of regional convergence among Brazilian metropolitan areas and the rest of the country, examining its main reasons and highlighting its importance to the overall decline in income inequality. Our analysis shows that, since the early 1980's, per...

Milanovic, Lindert and Williamson (2007) introduced the concept of the inequality possibility frontier. Their starting point is that very poor societies will never display high Gini indexes of personal distribution of income because there is very little surplus to be appropriated by the upper...

One suggested hypothesis for the dramatic rise in household borrowing that preceded the financial crisis is that low-income households increased their demand for credit to finance higher consumption expenditures in order to keep up with higherincome households. Using household level data on debt...

This study examines how the distribution of income across persons, regions, countries and larger geographical areas in the EU has changed in the dawn of the enlargement of the EU. It focuses especially on the effects of trade liberalization, the welfare states and the regional cohesion policy...

We use U.S. county-level data to estimate convergence rates for 22 individual states. We find significant heterogeneity. E.g., the California estimate is 19.9 percent and the New York estimate is 3.3 percent. Convergence rates are essentially uncorrelated with income levels.

Die Einkommensunterschiede zwischen den Landkreisen und kreisfreien Städten in Deutschland sind - gemessen an den Primäreinkommen je Einwohner - seit Mitte der 90er Jahre größer geworden. Zugleich hat das Pendeln von Arbeitskräften - insbesondere von Ost nach West sowie innerhalb der neuen...

Die entwicklungspolitische Strategie Chinas hat zu einem exportgetriebenen Wachstum bei gleichzeitiger Bildung von Wachstumspolen im Inland geführt. Damit avancierte das Land zu einem der exportstärksten Länder der Welt und zu einem Financier auf den internationalen Kapitalmärkten. Diese...