In this paper, we examine if and to what extent the Kaleckian theory of mark-up pricing can explain changes in functional income distribution in an environment of financialization. Following this approach, we expect financialization to influence the aggregate wage share through three channels:...

In this paper we analyse the effects of financialisation on income distribution, before and after the Great Financial Crisis and the Great Recession. The focus is on functional income distribution and thus on the relationship between financialisation and the wage share or the gross profit share....

The aim of this paper is twofold. First, to analyze the relationship between the distribution of household income and the distribution of working time in six European countries and in the United States. The second objective is to assess how the tax and transfer systems affect the gender...

In an age when there is considerable focus on the needs and rights of children, it is perhaps a little surprising that parental income still mostly determines the standard of living that children enjoy. This has important implications, not just in terms of overall levels of welfare for children,...

The goal of this study is to look at different countries, study their redistribution policies and discuss the effects of the redistribution/incentives tradeoff. Since we want to look at countries that display different degrees of government intervention, we pick countries belonging to both...

This paper provides estimates for male-female earnings differentials in Sweden and Finland, incorporating the use of the Heckman (1979) two-step procedure for sample selection bias. Women who take part in the labor market may be a non-random sub-set of those being able to work. Therefore, the...