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end of a period serves as her endowment in the following period. In this setting growth and inequality arise endogenously …. Inequality and group income are positively correlated for poor groups, but negatively correlated for rich groups. There is very … strong path dependence: inequality in early periods is strongly negatively correlated with group income in later periods …
Persistent link: https://www.econbiz.de/10010959700
The principal contribution of this article is that it provides evidence of recent trends of inequality in Guyana, but … the article goes beyond this and describes the evolution of inequality since 1974 to 2013. This is done within a Kaleckian … framework to derive profit and wage rates, since recent Gini coefficients data are absent. The evidence implies that inequality …
Persistent link: https://www.econbiz.de/10011107909
The aim of this article is to synthesize the various views of gender inequality and various indicators used to measure … neoclassical as well as the institutions and markets advancement are not sufficient to explain gender inequality. The political … gender gaps. Growth models that are institutionally blind completely leaves out the impact that social institutions such as …
Persistent link: https://www.econbiz.de/10011109813
explores the relationship between income growth and income inequality using data at the municipal level in Sweden for the … period 1992-2007. We estimate a fixed effects panel data growth model, where the within-municipality income inequality is one … between income growth and income inequality measured as the Gini coefficient and top income shares, respectively. In addition …
Persistent link: https://www.econbiz.de/10011019144
inequality patterns over a much studied type of income growth process. …We discuss a property of quasi-concavity for inequality measures. Defining income distributions as relative frequency … least unequal income distribution of the two. The quasi-concavity property is not essential to the idea of inequality …
Persistent link: https://www.econbiz.de/10005698077
We study the interplay of inequality and trust in a dynamic game, where trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with …
Persistent link: https://www.econbiz.de/10005704393
We study the interplay of inequality and trust in a dynamic game, where trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with …
Persistent link: https://www.econbiz.de/10005754938
This paper analyzes the relationship between economic growth, inequality and redistribution. In a cross-country setting … for 25 EU countries over the period 2007-2019, we show that market income inequality is associated with higher growth in … NBS) boosts growth in the short run, driven by the consumption and private investment channels. On the other hand …
Persistent link: https://www.econbiz.de/10014508056
This paper provides a normative framework for the assessment of the distributional inci- dence of growth. By removing … individuals along the income distri- bution that are determined by the pattern of income growth. We adopt a rank dependent social … dominance conditions over different growth paths. These dominance conditions account for the different components determining …
Persistent link: https://www.econbiz.de/10011186300
distribution. We find that economic growth is good for the rich in the sense that the mean income of the top decile of the … growth is really good for the really rich. We also find that during economic downturns, the average income of top earners …
Persistent link: https://www.econbiz.de/10011257836