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In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form...
Persistent link: https://www.econbiz.de/10010945116
implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the …
Persistent link: https://www.econbiz.de/10011274876
mitigated the burden sharing of fiscal adjustment, as the recession has deepened unemployment has risen, earnings have declined … effectiveness of the labour inspection to ensure full enforcement of the labour code. Decisive steps to contain tax evasion are also … la récession s’amplifiait, le chômage a augmenté, les revenus ont diminué et les tensions sociales se sont avivées. Les …
Persistent link: https://www.econbiz.de/10011277003
A comparison of the 2007-08 crisis with that of 1929 showed its extreme gravity, but it also may have implied that the old harmful mistakes would not be repeated. After four years, the crisis has not been solved and it even threatens to worsen. Neo-conservative Republicans claim that this is...
Persistent link: https://www.econbiz.de/10011260788
of tradable and nontradable goods, we investigate how trade liberalization affects household welfare through changes in … the cost of consumption. Our results show that trade liberalization, particularly China’s WTO accession, brings welfare …
Persistent link: https://www.econbiz.de/10011266392
The introduction of a flat tax is supposed to have several advantages. Administration and compliance costs are reduced …, as well as incentives for tax evasion. Furthermore, positive employment and growth effects are expected. Despite these … advantages, a flat rate tax is not very popular in most Western European countries. The most important objection against a flat …
Persistent link: https://www.econbiz.de/10005083043
This paper examines inequality and welfare in food consumption expenditure in Pakistan. The indices are derived on the … basis of Sen’s welfare function by employing HIES, 2005-06. The empirical results show that inequality and welfare varied … unevenly distributed over the total expenditure in favour of rich families. The price elasticity of welfare indicates that …
Persistent link: https://www.econbiz.de/10010547046
estimate the welfare consequences of these food price increases, and their distribution across households. Because Brazil is a …
Persistent link: https://www.econbiz.de/10009643263
Inequality within advanced countries has returned to levels typical of a century ago. At the global level it remains extremely high despite the rapid growth of major developing countries such as China, India and Brazil. This makes inequality a major economic issue, social problem and political...
Persistent link: https://www.econbiz.de/10009204977
welfare of domestic households. …
Persistent link: https://www.econbiz.de/10005789015