Bjorvatn, Kjetil; Cappelen, Alexander W. - Center for European, Governance and Economic … - 2004
The present paper seeks to explain the pattern of income redistribution in a globalised world of increased market … income inequality and lower costs of factor mobility. In some countries, larger market income inequality has been met by an …, larger market inequality has been accompanied by a reduction in transfers, thus leading to growth in disposable income …