case of Singapore, a newly-industrialized economy in Asia. Interval regressions are employed because of grouped dependent … studies indicates that intergenerational earnings mobility in Singapore may be moderately low when compared internationally …. Education as a means through which parents invest in their children's future earnings appears important. There are some small …

countries: Singapore and Thailand. The economic crisis had interrupted three decades of steady growth that had been accompanied … by remarkable progress in poverty reduction and a betterment of social indicators like health and education. In … more acute in Thailand and with the wake of unemployment and decrease in real wages, income inequality increased both in …

, altruism and concern for inequality. We find that decision makers who are selected democratically are generally more efficiency …

incomes inequality (Gini Index) is presented. This result is obtained including inequality of opportunities in the labor … universalistic redistribution (maximizing average utility) exists, which is increasing with respect to inequality of opportunities …. The subsequent empirical exercises offer a plausible measure of meritocracy, besides being a support for the validity of …