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Family size equivalency scale is widely used in income inequality studies to deal with the differences in the size of each household, and it is widely accepted that the use of different scales significantly alters the estimated values of the inequality indexes and produces U-shaped pattern. This...
Persistent link: https://www.econbiz.de/10003819585
This paper is the first to study the factors determining labor's share of income on the level of the individual firm, employing an unusually informative panel data set. The empirical examination is concerned with Switzerland which stands out as one of the very few developed countries with a...
Persistent link: https://www.econbiz.de/10010248840
This study attempts to measure what effects the direction and size of contributions of a number of different income sources at the household level has on the changes in inequality indexes in Korea between 1988 and 2002. Based on the Urban Household Income and Expenditure Survey (UHIES) from the...
Persistent link: https://www.econbiz.de/10003490178
Unit labor costs in some of the eurozone countries, calculated using aggregate data, increased significantly during the years before the crisis. In this paper, we show that: (i) the construction of unit labor costs using aggregate data, the standard practice, leads to serious problems of...
Persistent link: https://www.econbiz.de/10011133458
Mobility of workers involves flows of labour, human capital and other production factors and thus contributes to a more efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also change the international and national...
Persistent link: https://www.econbiz.de/10005791628
and for the modern theory of growth. …
Persistent link: https://www.econbiz.de/10010702388
This chapter reviews various interactions between the distribution of income across individuals and factors of production on the one hand, and aggregate savings, investment, and macroeconomic growth on the other. Tractable models necessarily focus on specific causal channels within this complex...
Persistent link: https://www.econbiz.de/10014024200
Indonesia has a very good record of poverty reduction, having halved its incidence over the past two decades. Nevertheless, almost 30 million people still live below the national poverty line, mostly in rural areas and in certain provinces. In order to make further progress in lifting these...
Persistent link: https://www.econbiz.de/10011399569
Persistent link: https://www.econbiz.de/10012873267
The paper considers whether structural reforms have a different impact on adjusted household disposable income (AHDI) compared to GDP, particularly given that while the latter is currently used as the basis for the OECD Economics Department’s framework for evaluating the effect of structural...
Persistent link: https://www.econbiz.de/10013278604