Globalization and a welfare program for the marginalized

We study the economic relationship between globalization and inequality within a country. In a partial equilibrium it is shown even when the local government exclusively maximizes the welfare of the marginalized (unemployed) people, relative consumption inequality between employed and the marginalized always rises by intensified globalization. However in certain situations the relative income inequality may fall.

MoreLess

Year of publication:	2009
Authors:	Broll, Udo ; Kemnitz, Alexander ; Mukherjee, Vivekananda
Institutions:	Fakultät Wirtschaftswissenschaften, Technische Universität Dresden
Subject:	Globalization \| inequality \| marginalization \| policy

More details

Extent:	application/pdf
Series:	Dresden Discussion Paper Series in Economics. - ISSN 0945-4829.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 05/09
Classification:	I30 - Welfare and Poverty. General ; O15 - Human Resources; Income Distribution; Migration ; O19 - International Linkages to Development; Role of International Organizations ; F42 - International Policy Coordination and Transmission
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009226189