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Does the shadow economy increase income inequality in the short- and long-run? : empirical evidence from Uganda

Esaku, Stephen - In: Cogent economics & finance 9 (2021) 1, pp. 1-20

This paper investigates whether the size of the shadow economy increases income inequality in Uganda. This paper applies the autoregressive distributed lag (ARDL) bounds testing approach to cointegration, to test the long- and short-run relationship between the shadow economy and income...

Persistent link: https://www.econbiz.de/10013183865

Why South Africa is cheap for the rich and expensive for the poor : reconsidering the Balassa-Samuelson effect

Dadam, Vincent; Hanusch, Marek; Viegi, Nicola - 2019

This paper investigates cross-sectoral productivity differentials in South African industry and their distributional … consequences. The analysis shows that typically, traded sectors have experienced low productivity growth over the past decade …, while skill intensive service sectors have had significant productivity growth. This is the inverse of the traditional …

Persistent link: https://www.econbiz.de/10012113686

Product market power and its implications for the Australian economy

Hambur, Jonathan - 2021

decline in competition over the period. This increase in market power appears to explain part of the slowdown in productivity … from low-productivity to high-productivity firms. …

Persistent link: https://www.econbiz.de/10012548875

Classical political economy and secular stagnation

Luzuriaga, Manuel Cruz; Tavani, Daniele - 2021

This paper presents a model of secular stagnation, income and wealth distribution, and employment in the Classical Political Economy tradition, that can be contrasted with the accounts by Piketty (2014) and Gordon (2015). In these explanations, an exogenous reduction in the growth rate g...

Persistent link: https://www.econbiz.de/10012659139

Wealth inequality and aggregate demand

Ederer, Stefan; Rehm, Miriam - 2019

The paper investigates how including the distribution of wealth changes the demand effects of redistributing functional income. It develops a model with an endogenous wealth distribution and shows that the endogenous rise in wealth inequality resulting from a redistribution towards profits...

Persistent link: https://www.econbiz.de/10012182882

The rise of bitcoin, economic inequality and the ecology

Benshushan, Gal - In: Region : the journal of ERSA 10 (2023) 3, pp. 83-104

What do we know about the interrelations between economic inequality, ecology and the increased use of Bitcoin? The aim of the paper was to empirically test the relationship between economic and ecological effects related to the increase in Bitcoin's network hashrate in a selection of countries...

Persistent link: https://www.econbiz.de/10014500943

Do operating profits induce a wage premium equally shared among employees earning high or low incomes?

Aarstad, Jarle; Kvitastein, Olav A. - In: Economies : open access journal 9 (2021) 2, pp. 1-7

Panel data show that between 2001 and 2014 Norwegian industries' increasing aggregated operating profits per employee increased average wages and wage inequality. The data imply that increasing profits, perhaps unsurprisingly, induce a wage premium. The data further imply that employees earning...

Persistent link: https://www.econbiz.de/10012548211

What is driving wealth inequality in the United States of America? : the role of productivity, taxation and skills

Ernst, Ekkehard; Langot, François; Merola, Rossana; … - 2024

-biased technological change, decreasing progressiveness of taxation and productivity slowdown - we show that the decline in productivity …

Persistent link: https://www.econbiz.de/10014473060

The Solow residual, a distributional approach : the case of Chile, 1985-2019

Villanueva Melo, Fernando - In: PSL quarterly review 77 (2024) 310, pp. 409-436

account. Hence, the so-called Total Factor Productivity (TFP) mirrors the dynamic of real wages and the rate of profit. We …

Persistent link: https://www.econbiz.de/10015191329

Revisiting Baumol's disease : structural change, productivity slowdown and income inequality

Hartwig, Jochen; Krämer, Hagen - In: Intereconomics : review of European economic policy 58 (2023) 6, pp. 320-325

,tend to rise faster than the prices of material goods. Central to his model is the disparityin labour productivity growth … disease of services retains its explanatory power and relevance today. It refutescriticisms that productivity growth in …

Persistent link: https://www.econbiz.de/10014444269