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trade liberalization can affect welfare inequality within a country via changes in the relative prices of goods consumed by … environment that leads to variable markups affected by trade and trade costs. I find that trade liberalization does affect the … show that the relative welfare of the rich with respect to that of the poor has a hump shape as a function of trade costs …
Persistent link: https://www.econbiz.de/10014221727
Persistent link: https://www.econbiz.de/10014336856
econometric methodology. Chapter 1 applies an econometric gravity analysis to bilateral trade flows to assess how successful the … European Schengen Agreement has been in boosting international trade. It proposes a new indicator variable to account for the …
Persistent link: https://www.econbiz.de/10011966938
We show how normative standpoints determine optimal taxation of wealth. Since wealth is not equal to capital, we find very different welfare implications of land rent-, bequest- and capital taxation. It is mainly land rents that should be taxed. We develop an overlapping generations model with...
Persistent link: https://www.econbiz.de/10012162503
How to evaluate and compare social prospects when there may be a risk on i) the actual allocation people will receive; ii) the existence of these future people; and iii) their preferences? This paper investigate this question that may arise when considering policies that endogenously affect future...
Persistent link: https://www.econbiz.de/10013220255
In determining the optimal redistribution of a given population's income, we ask which factor is more important: the social planner's aversion to inequality, embedded in an isoelastic social welfare function indexed by a parameter alpha, or the individuals' concern at having a low relative...
Persistent link: https://www.econbiz.de/10011594247
Persistent link: https://www.econbiz.de/10013274023
The paper decoposes the Theil index and ANOVA to understand interregional, urban and rural contributions to the overall variation in average personal incomes (API) in the Yugoslav municipalities. The paper finds that inter-regional variation contributes significantly - about 25 percent - to the...
Persistent link: https://www.econbiz.de/10013068139
This paper considers a partitioned population and develops a decomposition of the Gini index in two components, which measure the within and the between groups inequality. Differently from the most widespread inequality measure decompositions, having a between component that compares the means...
Persistent link: https://www.econbiz.de/10012664693
This paper considers a partitioned population and develops a decomposition of the Gini index in two components, which measure the within and the between groups inequality. Differently from the most widespread inequality measure decompositions, having a between component that compares the means...
Persistent link: https://www.econbiz.de/10013321928