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path of inequality is not due to sam-pling variation. The secular trend in consumption expenditure inequality is found to … be downward sloped. Inequality declines sharply at the beginning of the century, increases during the great depression …
Persistent link: https://www.econbiz.de/10005661573
workers from agriculture is associated with rising wage inequality, rather than a Kuznets curve. The increase in sectoral wage … inequality is pronounced for agriculture. At the same time, structural transformation is associated with major reductions in …
Persistent link: https://www.econbiz.de/10011145444
One often heard counter to the concern on rising income and wealth inequality is that it is wrong to focus on … inequality of outcomes in a “snapshot.” Intergenerational mobility and “equality of opportunity”, so the argument goes, is what … lower inequality not between individuals but between the dynasties to which they belong? And how does this pattern in turn …
Persistent link: https://www.econbiz.de/10011252615
, while inequality tends to rise monotonically. Bonus caps and income taxes can help restore balance in agents' incentives and …
Persistent link: https://www.econbiz.de/10011083769
small body of innovators gain relative to others, innovation may lead to inequality. The evidence on this point is … fragmented, based on cross-sectional evidence on skill premia rather than overall levels of inequality. This paper provides the … first comparative evidence on the link between innovation and inequality in a continental perspective. Using micro data from …
Persistent link: https://www.econbiz.de/10011083831
size, productivity, composition, and inequality of cities, as well as their size distribution in the urban system. …
Persistent link: https://www.econbiz.de/10011084057
inequality? Data from the United States Census Bureau suggests there has been a rise in assortative mating. Additionally …, assortative mating affects household income inequality. In particular, if matching in 2005 between husbands and wives had been ….34, so that income inequality would be smaller. Thus, assortative mating is important for income inequality. The high level …
Persistent link: https://www.econbiz.de/10011084184
This paper studies theoretically and empirically why and how labor policies may reduce productivity and employment in order to stabilize labor incomes and redistribute resources. It proposes a specific stylized model where the tradeoffs facing labor policies are influenced by structural factors,...
Persistent link: https://www.econbiz.de/10011084627
of reform brings about sizable output gains and a non-trivial increase in after-tax income inequality. But we also find …
Persistent link: https://www.econbiz.de/10008854542
redistributions decreases with the degree of inequality, at least over some range. Moreover, capital market imperfections make future … high inequality and low redistribution, or vice versa. Temporary shocks to the distribution of income or the political …
Persistent link: https://www.econbiz.de/10005792191