Showing 1 - 10 of 51
inheritance. Wealth-income ratios, inherited wealth, and wealth inequalities were high in the 18th-19th centuries up untilWorldWar …-of-tax rate of return on wealth and g is the economy's growth rate. This suggests that current trends toward rising wealth-income …
Persistent link: https://www.econbiz.de/10011083954
the English economy to international trade. This paper explores whether and how the relationship was different for Spain …
Persistent link: https://www.econbiz.de/10005114196
, philanthropic preferences may increase the effectiveness of policies to redistribute income, instead of weakening them. Consequently …
Persistent link: https://www.econbiz.de/10005504401
Efficient measures are often not implemented because of their potentially damaging effects on distribution, yet these … when we can separate the effect on efficiency from the effect on distribution, that is when Gorman aggregation applies, the … well-known result that aggregate effects can be computed independently of the distribution can be accompanied by a similar …
Persistent link: https://www.econbiz.de/10005504425
size distributions of cities and countries are similar. But theories that explain the size-distribution of cities do not … obviously apply in explaining the size-distribution of countries. The similarity of city- and country-size distributions is an …
Persistent link: https://www.econbiz.de/10005497861
identifies the determinants of the commodity export performance – falling trade costs, income growth of its trading partners, and …
Persistent link: https://www.econbiz.de/10011084313
is that the nominal distribution of income could give a misleading picture of tensions in society, both within and across …We investigate how vertical unity within a community interacts with horizontal class divisions of an unequal income … distribution. Community is conceptualized in terms of a public good to which all those in the community have equal access, but from …
Persistent link: https://www.econbiz.de/10005666575
This Paper studies the role played by distribution costs in shaping the behaviour of the real exchange rate during … exchange-rate-based stabilizations. We document that distribution costs are very large for the average consumer good: the … represent more than 40% of the retail price in the US and 60% of the retail price in Argentina. Distribution services require …
Persistent link: https://www.econbiz.de/10005791855
The paper examines the welfare gains from North-South trade and their distribution. We construct an endogenous growth …
Persistent link: https://www.econbiz.de/10005792247
A democratic society in which the distribution of wealth is unequal elects political parties which tend to represent … of debt service and redistribute income from the rich to the poor. Consequently, inequality sows the seeds for inflation …
Persistent link: https://www.econbiz.de/10005792370