Showing 31 - 40 of 1,859
The generalized entropy class of inequality indices is derived for Generalized Beta of the Second Kind (GB2) income … inequality in 1994/95 and 2004/05 illustrates the analysis …
Persistent link: https://www.econbiz.de/10012729797
This paper presents a new framework for analyzing inequality that moves beyond the anonymity postulate. We estimate the …
Persistent link: https://www.econbiz.de/10012773658
Both raw intuition and past experience suggest that the success of an employment guarantee scheme (EGS) in safeguarding the welfare of the poor depends both on the wage it promises, and the ease with which any worker can gain access. An EGS is thus at once a wage guarantee and a rationing...
Persistent link: https://www.econbiz.de/10012776072
Is the brain drain a curse or a boon for developing countries? This paper reviews what is known to date about the magnitude of the brain drain from developing to developed countries, its determinants and the way it affects the well-being of those left behind. First, I present alternative...
Persistent link: https://www.econbiz.de/10012779028
Should public investment be targeted to big cities or to small towns, if the objective is to minimize national poverty? To answer this policy question we extend the basic Todaro-type model of rural-urban migration to the case of migration from rural areas to two potential destinations, secondary...
Persistent link: https://www.econbiz.de/10012958052
relevant to understanding current phenomena like the evolution of Chinese inequality. The paper shows how the Kuznetsian … framework can be used, for example, in predicting the differential relationship between urbanization and inequality in India … versus China, in assessing the detail of the contribution of sectoral mean and inequality evolution to overall inequality …
Persistent link: https://www.econbiz.de/10012960255
inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i … in endogenous growth theory, but modified to allow for demand-side constraints. This is a novel approach, given that … growth and productivity is stagnating and inequality is rising. Our paper provides a theoretical explanation of this in the …
Persistent link: https://www.econbiz.de/10012906469
In this paper, we develop and numerically solve a model of idiosyncratic labour income and idiosyncratic interest rates to predict the evolution of a wealth distribution over time. Stochastic labour income follows a deterministic growth trend and it fluctuates between a wage and unemployment...
Persistent link: https://www.econbiz.de/10012909981
Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals … or households can be both consumers and shareholders, the impact of market power on inequality depends in part on the … inequality. Moreover, over time, corporate equity has become even more skewed relative to consumption …
Persistent link: https://www.econbiz.de/10012894540
Expansion of the public sector and redistributive policies may reduce income inequality, but formal tests suffer from … income inequality and government size, measured as the government expenditure share in GDP. Using a novel instrument – the … the true role of the government in attenuating income inequality. The estimated relationship between income inequality and …
Persistent link: https://www.econbiz.de/10012894558