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Classical economics envisaged to reach the subsistence level of wages in the long term. Keynes, however, argued that it would be sticky downward wages with trade union activities. Since the 1930s, governments have begun to phase out the laws of the minimum wage to support employees' income...
Persistent link: https://www.econbiz.de/10011113772
This paper analyses the term “subsistence” to utilise it for scientific purposes. In doing so, the term will be reconstructed by an evolutionary view. Afterwards, the term will be discussed and develpoped with respect to the so-called paradox of the poverty line.
Persistent link: https://www.econbiz.de/10008531939
This module illustrates how Generalised Lorenz (GL) Curves can be used to identify the best income distribution on social welfare grounds, within a set of alternative income distributions generated by different policy options, in many of the cases where ordinary Lorenz curves fail to work After...
Persistent link: https://www.econbiz.de/10011257958
This paper explains how to build Lorenz Curves for income distributions and discusses their use for inequality … and draw Lorenz Curves. A discussion on the use of Lorenz Curves to represent inequality is also provided. It highlights …
Persistent link: https://www.econbiz.de/10008919738
inequality, the figure decline dramatically starting from the year 2000. In this setting, Bolivia has been one of the poorest … research applies a method of inequality decomposition– as developed by (Fields, 2003)-, this technique consists on regressing … other variables) has contributed on the reduction of inequality in Bolivia. Moreover, the sources of inequality are mainly …
Persistent link: https://www.econbiz.de/10011108568
der Probleme auf dem Arbeitsmarkt zu sein. Um Deutschland wettbewerbsfähig zu halten, versuchen die politischen … analyze the effects of the German unemployment insurance - the reality in Germany compared to the theory - an evaluation of …
Persistent link: https://www.econbiz.de/10008622251
This study critiques a prior study of migration determinants according to race, i.e., white migration versus nonwhite migration, to central cities in the U.S. We find evidence strongly suggesting simultaneity bias. In addition, the specification in the article being evaluated is flawed because...
Persistent link: https://www.econbiz.de/10011110677
The objectives of this study are three-fold. The first is to rebut Charles Kindleberger’s famous dictum that usury ‘belongs less to economic history than to the history of ideas’; and in particular to demonstrate that the resuscitation of the anti-usury campaign from the early 13th century...
Persistent link: https://www.econbiz.de/10005617005
Bangladesh, like other least developed countries (LDC), has a large rural population and agricultural labor force. At the turn of the Millennium 75 percent of the LDCs’ population still lived in rural areas and 71 percent of the LDCs’ labor force was involved in agriculture. Yet, even the...
Persistent link: https://www.econbiz.de/10005837076
This edition is devoted to the issue of poverty. Growth of prosperity is not distributed evenly among the Polish citizens, and some of them still cannot satisfy even basic needs. The improvement of an overall economic situation reduces risk of poverty in general. However, in case the risk...
Persistent link: https://www.econbiz.de/10011258212