This paper studies the role of income distribution as a determinant of the size of the informal sector in an economy by relying on a channel whereby inequality affects the behaviour of aggregate demand and thus influences the incentives a firm has to become informal. It is further postulated...

Racial segregation in residential patterns remains pervasive in the United States. This persistence is usually attributed to some combination of neighborhood preferences over racial composition, discrimination in real estate and credit markets, and the effects of racial disparities in income. We...

The effects of globalization on income distribution within rich and poor countries are a matter of controversy. While international trade theory in its most abstract formulation implies that increased trade and foreign investment should make income distribution more equal in poor countries and...

The objective of the paper is to answer an often-asked question : if tariff rates are reduced, what will happen to wage inequality ? We consider two types of wage inequality : between occupations (skills premium), and between industries. We use two large data bases of wage inequality that have...

We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during a period ranging between 1980 and 1995. We focus on within-educational-levels wage inequality by estimating quantile regressions of Mincer equations and analysing the...

How well have New Zealand households fared over a decade of extensive economic and social changes? This study compares household incomes in 1997/98 with household incomes in 1987/88, using the concept of "final income". Final income is a measure of the income accruing to households after...

Three subsequent years of the October Household Survey data are used to construct a synthetic panel. Preparing cross sectional data that way allows to better utilise individual information and to address temporal developments also in the absence of genuine panel data. This paper focuses on...

Standard explanations for the income heterogeneity within neighborhoods rely on differences of preferences across households and heterogeneity of the housing stock. We propose an alternative and complementary explanation. We construct a stochastic equilibrium sorting model where (1) income is...

La literatura existente ha asumido que el efecto de la sobre-educación es constante a lo largo de la distribución condicional de salarios. En este artículo usamos la regresión cuantílica con datos de 12 países europeos para mostrar que las diferencias entre los segmentos de la...

El objetivo del presente trabajo es, en primer lugar, examinar, mediante distintos indicadores, cuál ha sido la evolución del nivel de bienestar económico de Andalucía en el amplio periodo 1967-1997; en segundo lugar, analizar si la evolución experimentada por el bienestar económico andaluz se...