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decreased, while upper-tail inequality has increased, but at a slower rate. A larger supply of skills and polarization of labor …
Persistent link: https://www.econbiz.de/10011409592
Distributive value judgments based on the 'origins' of economic inequalities (e.g. circumstances and responsible choices) are increasingly evoked to argue that 'the worst form of inequality is to try to make unequal things equal'. However, one may reasonably agree that distributive value...
Persistent link: https://www.econbiz.de/10011575211
Human capital theory is the dominant approach for understanding personal income distribution. According to this theory, individual income is the result of “human capital”. The idea is that human capital makes people more productive, which leads to higher income. But is this really the case?...
Persistent link: https://www.econbiz.de/10011941908
Although the determinants of income are complex, the results are surprisingly uniform. To a first approximation, top incomes follow a power-law distribution, and the redistribution of income corresponds to a change in the power-law exponent. Given the messiness of the struggle for resources, why...
Persistent link: https://www.econbiz.de/10012703162
This study measures the impact of changes in the income determinants on inequality in the 1990 to 2003 period, in order to answer the question of why income distribution as a whole has not changed. The methodology utilized are micro-simulations of income distribution, which is the most...
Persistent link: https://www.econbiz.de/10010289477
We present an integration based procedure for predicting the distribution f of an indicator of interest in situations where, in addition to the sample data, one has access to covariates that are available for the entire population. The proposed method, based on similar ideas that have been used...
Persistent link: https://www.econbiz.de/10011933339
In this paper we study income polarization by first comparing the efficiency of two statistical models to identify the … of poles. After that we compute polarization using a multiplicative normalized polarization measure, developed by … Palacios-González and García-Fernández (An Intra-Group Variance Based Polarization Measure, 2010), which consists of three …
Persistent link: https://www.econbiz.de/10010312012
Robots, that is any sort of machinery from computers to artificial intelligence programs that provides a good substitute for work currently performed by humans, can increasingly replace workers, even highly skilled professionals, and thus reduce opportunities for good jobs and pay. But, with...
Persistent link: https://www.econbiz.de/10011404828
More than half of German adults are overweight. Those most often affected include the elderly, poor, and individuals with poor education. Yet is overweight an issue that economists should address? Poor nutrition and lack of exercise play a major role in widespread diseases. One third of total...
Persistent link: https://www.econbiz.de/10011601308
Findings from consumer surveys and studies about nutritional labeling tend to be hard to compare, because the methodologies they use and questions they address are quite varied. Nevertheless, by evaluating these studies, we can obtain a good overview of existing nutritional labeling systems and...
Persistent link: https://www.econbiz.de/10011601309