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inequality in the U.S. without generating much benefit in terms of lower crime rates. …
Persistent link: https://www.econbiz.de/10011479330
The United States and China are the world's largest economies. Together they are responsible for about one-third of the world's economic output. This paper aims to examine whether the two economic giants are also lands of opportunity where resources are allocated in a way that minimizes...
Persistent link: https://www.econbiz.de/10012423987
inequality, focusing on the very top-the top 1, 0.1, and 0.01 per cent of the income distribution. The focus on the extreme top …
Persistent link: https://www.econbiz.de/10013204760
Although the determinants of income are complex, the results are surprisingly uniform. To a first approximation, top incomes follow a power-law distribution, and the redistribution of income corresponds to a change in the power-law exponent. Given the messiness of the struggle for resources, why...
Persistent link: https://www.econbiz.de/10012703162
humanity it means a daily struggle just to survive or maintain a livelihood. However, why this radical inequality exists is not … altogether clear and is much debated in the academic literature and popular press. Moreover, some view economic inequality as … achieve their goals. However, is gross inequality rooted in human nature or is it the result of certain ways of organizing …
Persistent link: https://www.econbiz.de/10013500788
Foreign price shocks have significant effects on functional income distribution and on inflation inequality. By … with an inflation-targeting regime. We investigate the impacts of foreign price shocks on income and inflation inequality … shock increases the profit share and the within-workers inequality (in real terms), since low-wage workers are more affected …
Persistent link: https://www.econbiz.de/10014000446
.) So after last week’s review of Cory Doctorow’s book Red Team Blues, I tweeted the relation between income inequality and … patterns. Back to the tweet. Taleb is implying that the relation between inequality and murder is essentially a random blob of …
Persistent link: https://www.econbiz.de/10014279348
We explore the relationship between inequality, unemployment, and inflation by considering the evidence that low …-and-flow consistent agent-based model by Rolim et al. (2023), in which inflation and inequality result from the social conflict over … income distribution. The inflation-unemployment-inequality nexus leads to the inequality-augmented Phillips curve relating …
Persistent link: https://www.econbiz.de/10014329434
We provide a concise introduction to a household-panel data infrastructure that provides the international research community with longitudinal data of private households in Germany since 1984: the German Socio-Economic Panel (SOEP). We demonstrate the comparative strength of the SOEP data in...
Persistent link: https://www.econbiz.de/10014429870
Different concepts of inequality lead to different positions in discussions about whether economic growth leads to … increasing inequality. This study investigates how over 1,100 young adults in Mozambique perceive inequality and whether their … believe that inequality in their neighbourhood is too high and that circumstances beyond their control explain why some people …
Persistent link: https://www.econbiz.de/10014477476