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The governments of nearly all countries are major providers of primary and secondary education to its citizens. In some countries, however, public schools coexist with private schools, while in others the government is the sole provider of education. In this study,we askwhy different...
Persistent link: https://www.econbiz.de/10005413434
New information and communication technologies, we argue, have been ‘power- biased’: they have allowed firms to monitor low-skill workers more closely, thus reducing the power of these workers. An efficiency wage model shows that ‘power-biased technical change’ in this sense may generate...
Persistent link: https://www.econbiz.de/10005413435
This essay describes the evolution of the Economics of Poverty from the seminal works of Charles Booth and Joseph Rowntree to the Rediscovering Era in the 1960’s. It shows how the leading objectives of its authors changed over the decades. The description is roughly exhaustive, pointing out...
Persistent link: https://www.econbiz.de/10005413436
Income is a poor indicator of welfare and should be use only as a as component of welfare. Wealth provides another dimension of well-being. We use the Kullback-Leibler Information Criterion (KLIC, hereafter) as a measure of the discrepancy between two attributes. This will allow economists and...
Persistent link: https://www.econbiz.de/10005413437
The purpose of this paper is to analyze the advantages and disadvantages of several intermediate inequality measures, paying special attention to whether inequality rankings between income distributions are affected by the monetary units in which incomes are expressed.
Persistent link: https://www.econbiz.de/10005413438
Persistent link: https://www.econbiz.de/10008565742
The joint determination of aggregate economic growth and distributional change has been studied empirically from at least three different perspectives. A macroeconomic approach that relies on cross-country data on poverty, inequality, and growth rates has generated some interesting stylized...
Persistent link: https://www.econbiz.de/10008676878
Equity issues of the dual income tax have been left aside in the field of economics. Since a dual income tax needs different modelling than a comprehensive one this paper offers firstly a quantitative framework to measure redistributive effects; it turns out that this involves both direct and...
Persistent link: https://www.econbiz.de/10008676879
The conventional approach to comparing tax progression (using local measures, global measures or dominance relations for first moment distribution functions) often lacks applicability to the real world: local measures of tax progression have the disadvantage of ignoring the income distribution...
Persistent link: https://www.econbiz.de/10008676880
In this paper, we use a propensity score-based methodology to analyze the role of demographic and human capital characteristics of minorities in the U.S. in explaining their high occupational segregation with respect to whites. Thus, we measure conditional segregation based on an estimated...
Persistent link: https://www.econbiz.de/10008676881