Showing 1 - 10 of 228
The relationship between income inequality and polarization is an empirical fact: a change in equality might occur … together with a change in polarization. At the same time, polarization might emerge while inequality remains constant. The …
Persistent link: https://www.econbiz.de/10010471715
framework, with a focus on inherent inequality and government’s redistributive preferences. We have constructed our income … relationship between factor-income inequality and the extent of redistribution. We also find a link between our redistributive …
Persistent link: https://www.econbiz.de/10011928569
While standard political economy theories suggest a moderating effect of democratization on income inequality … first, that prevailing ideology may be an important determinant of inequality and, second, that the democratization effect … income groups, hence democratization may have only a negligible effect on inequality. On the other hand, in societies where …
Persistent link: https://www.econbiz.de/10011397917
We introduce permanently-shifting income shares into a standard growth model with two types of agents. Capital owners represent the top quintile of U.S. households while workers represent the remainder. Our tractable model allows us to exactly replicate the observed U.S. time paths of the top...
Persistent link: https://www.econbiz.de/10011343080
We examine the determinants of income mobility and inequality in a Ramsey model with elastic labor supply and … relationship between mobility and inequality is complex. For example, a reduction in the interest rate and an increase in the wage … rate reduce capital income inequality and allow upward mobility of the ability-rich. However, the increase in the labor …
Persistent link: https://www.econbiz.de/10010227190
episodes in order to prevent rising income inequality. …
Persistent link: https://www.econbiz.de/10010374488
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/10010199422
Inequality is anisotropic: its intensity is variable along the income scale. Therefore, to focus on local inequalities … coefficients able to summarize the shape of inequalities: a main coefficient, alpha, measures inequality at the median, and two …
Persistent link: https://www.econbiz.de/10010258790
investigate perceived social position and income inequality in six different countries between the 1990's and 2000's in order to … inequality in perceptions. Consequently, the dynamics of perceptions can help explain, for example, the empirical evidence … with increasing inequality detected in some countries. …
Persistent link: https://www.econbiz.de/10011484327
The paper aims to encompass evidence on wage distribution and inequality with micro-mobility measures for several …
Persistent link: https://www.econbiz.de/10011484346