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The economic transformations of modern industrial societies have changed the labor markets in terms of industrial relations and occupational structure. The transformation of the traditional welfare state, the deregulation of the labor markets, the technological change and the reorganization of...
Persistent link: https://www.econbiz.de/10005260051
In neoclassical economic theory the level of individual income is predominantly determined by individual job performance. Thus high incomes reflect the high marginal productivity of labour of the affluent working population. While the scientific research of poverty has a long tradition, nearly...
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In neoclassical economic theory the level of individual income is predominantly determined by individual job performance. Thus high incomes reflect the high marginal productivity of labour of the affluent working population. While the scientific research of poverty has a long tradition, nearly...
Persistent link: https://www.econbiz.de/10010535595
The legitimacy of inequality concerning the income distribution in market economies is based on the assumprion of a dominant individual performance and the assumed existence of equal chances. To test the empirical relevance of this assumption requires the analysis of the determinants of the...
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