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This paper introduces two composite indices of globalisation. The first is based on the Kearney/Foreign Policy magazine and the second is obtained from principal component analysis. They indicate the level of globalisation and show how globalisation has developed over time for different...
Persistent link: https://www.econbiz.de/10013319082
The demand and distributive regimes are estimated from 62 countries around the world based on the Structuralist Goodwin …
Persistent link: https://www.econbiz.de/10011756021
The neoliberal reforms since the 1980s have resulted in rapid globalization paralleled by worsening income distribution … income, or the wage share, during 1950-2019. Second, I estimate the demand and distributive regimes from 81-country panel …
Persistent link: https://www.econbiz.de/10014550882
for a panel of 134 countries to identify the effect of institutions of economic freedom on the level of per capita income …
Persistent link: https://www.econbiz.de/10014152313
This paper studies whether the advent of financial globalisation has contributed to increasing wealth inequality in the United States, France, and the United Kingdom. I find that (i) positive changes in the benchmark measure of financial globalisation are associated with a positive change in the...
Persistent link: https://www.econbiz.de/10014237835
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We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of trade openness on income inequality differs across...
Persistent link: https://www.econbiz.de/10012599018
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link … between globalization and income inequality differs across different groups of countries. There is a robust positive …
Persistent link: https://www.econbiz.de/10011789164