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fairness principles, namely equality of opportunity and freedom from poverty, into a joint measure of unfair inequality. Two … inequality. Second, average unfair inequality doubles when complementing the ideal of an equal opportunity society with poverty … debate by proposing a new family of measures of unfair inequality. To do so, we acknowledge that inequality is not bad per se …
Persistent link: https://www.econbiz.de/10011864650
development, financial liberalization and banking crises are related to income inequality. In contrast with most previous work …, our results suggest that all finance variables increase income inequality. The level of financial development conditions … the impact of financial liberalization on inequality. Also the quality of political institutions conditions the impact of …
Persistent link: https://www.econbiz.de/10011536253
This paper adds to our understanding of the causes of income inequality across nations by examining the influence of … different aspects of gender equality or female empowerment. Whereas the economics of income inequality has been an area of … government, lower fertility rates, and better overall gender equality experienced lower income inequality, ceteris paribus. These …
Persistent link: https://www.econbiz.de/10012486672
measurement approach that allows us to target the joint distribution of income and wealth. We show that inequality of opportunity …
Persistent link: https://www.econbiz.de/10013093036
We examine the determinants of income mobility and inequality in a Ramsey model with elastic labor supply and … relationship between mobility and inequality is complex. For example, a reduction in the interest rate and an increase in the wage … rate reduce capital income inequality and allow upward mobility of the ability-rich. However, the increase in the labor …
Persistent link: https://www.econbiz.de/10010227190
We examine how structural reforms relate to income inequality. We employ many indicators of structural reforms and use … data for market and net income inequality. The dataset includes up to 135 countries since 1960. The results do not suggest … that market-oriented structural reforms were associated with rising income inequality in the full sample. Trade and …
Persistent link: https://www.econbiz.de/10012154916
We examine the relationship between capitalism and income inequality for a large sample of countries using an adjusted … economic freedom index as proxy for capitalism and Gini coefficients based on gross-income as proxy for income inequality. Our … results suggest that there is no robust relationship between economic freedom and income inequality. In addition, we analyze …
Persistent link: https://www.econbiz.de/10010474859
crucial to ensure more equity and social stability. -- growth ; inequality ; poverty ; East Asia and the Middle East … inequality and widening gaps between rich and poor, and urban and rural. It is therefore it is important to examine the … interrelationships between inequality and economic growth. This paper develops a simple model to establish that the change in income …
Persistent link: https://www.econbiz.de/10009630652
-)distribution decisions, suggesting that people view parental influence as a legitimate reason to justify some inequality. This can explain …
Persistent link: https://www.econbiz.de/10013411680
This paper investigates inequality and intragenerational economic mobility in a developing country with large … inequality. Understanding economic mobility is important because it shapes our perception of inequality. Despite its significance … countries. Using Thailand's tax return data, we study the evolution of earnings inequality, estimate medium-term earnings …
Persistent link: https://www.econbiz.de/10013484931