Showing 1 - 10 of 32
Within a model where the parents make the decisions relating to their children’s education, we show that skill dynamics … normally results in a sub-optimal situation involving income per capita. This derives from an under-education trap that is … redistribution policy makes it possible to increase output per capita and to reduce inequality because both increase the educated …
Persistent link: https://www.econbiz.de/10005135147
economies, which has coincided with an increase in intra-country income inequality, both within and between skill groups. This … article surveys the key mechanisms of the globalization-inequality relationship. Four strands of literature are reviewed … generate most of the observed facts on trade and inter-skill group inequality, but also between unequally talented workers …
Persistent link: https://www.econbiz.de/10011163078
Inequality-Globalization nexus. It is shown that by modifying this model and relaxing some of its most restrictive assumptions … suitable modelling of the Inequality-Globalization nexus. …
Persistent link: https://www.econbiz.de/10010592827
contribution of vehicle use items to total expenditure inequality decreases over time, thus reflecting the more and more widespread …
Persistent link: https://www.econbiz.de/10008512112
disparities. Comparing polarization and inequality, we find similarities, but also some differences. Our results therefore … underscore the importance of studying polarization as distinct from traditional inequality. …
Persistent link: https://www.econbiz.de/10009366278
The article analyses the joint determinants of inequality and growth with a special emphasis on public spending … inequality and growth, as more generally government expenditures seem to act counter-cyclically and inequality reducing. Also …
Persistent link: https://www.econbiz.de/10009366281
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method that allows us to …
Persistent link: https://www.econbiz.de/10009274354
In the paper, a combined approach is used to test for inequality differences of several well-being categories for a … number of groups of persons. Hereby, total inequality is decomposed into within- and into between-group/category inequality … (via a normalised coefficient of variation as the used inequality indicator). The decompositions are categorised into those …
Persistent link: https://www.econbiz.de/10010711922
We review the literature on the links between inequality, growth and welfare. Three questions are addressed: 1) What is … the impact of growth and development on inequality? 2) What is the impact of inequality on growth, development and welfare … impact of inequality on growth is twofold. Firstly, inequality fosters growth when this is based on capital accumulation, but …
Persistent link: https://www.econbiz.de/10011098375
disparities were frequently smaller, and were sometimes nonexistent, for individuals with similar levels of education. …
Persistent link: https://www.econbiz.de/10011102686