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Routine-biased technological change has emerged as a leading explanation for the differential wage growth of routine occupations, such as manufacturers or office clerks, relative to less routine occupations. Less clear, however, is how the effects of technological advancement on occupational...
Persistent link: https://www.econbiz.de/10012029187
In the distributive analysis, the constant relative inequality aversion utility function is a standard tool for ethical judgements of income distributions. The sole parameter ε of this function expresses a society’s aversion to inequality. However, the profession has not committed to the...
Persistent link: https://www.econbiz.de/10012887975
The aim of this paper is to compare the economic situation of young retirees with their peers who decided to continue their working life before and during the recent economic crisis using the micro-data from the Luxembourg Income Study Database (LIS) for four countries (Greece, Spain, the UK and...
Persistent link: https://www.econbiz.de/10010257203
This paper investigated the link between inflation and the top decile income share after the global financial crisis. The analysis was done on a sample of 42 countries. We found that higher inflation has reduced the income going to the top decile. The main explanation is that inflation has...
Persistent link: https://www.econbiz.de/10010374488
The openness to international trade and capital movements of industrialized countries has increased substantially during the recent decades. At the same time, most of these countries experienced a rise in income dispersion. Against this background, the paper analyzes empirically whether the...
Persistent link: https://www.econbiz.de/10010354569
This paper is an empirical overview of inequalities of pension outcomes in six European countries, which are shaped by a variety of institutional pensions schemes. The study contrasts pension system regulation in Denmark, Finland, Germany, Italy, Sweden and the United Kingdom; and analyses their...
Persistent link: https://www.econbiz.de/10010422868
This paper analyses major pension system regulation in four European countries: Denmark, Germany, Sweden, and the United Kingdom. It is focused on the government's and social partner's efforts to provide old-age security benefits, and how these regulatory approaches have shaped the current...
Persistent link: https://www.econbiz.de/10010465441
There is increasing scholarly evidence that financialization has contributed to rising income inequality, especially by concentrating income among the affluent and rich. There is less empirical research examining who is losing out to the affluent. This paper fills this gap by examining how three...
Persistent link: https://www.econbiz.de/10011928576
This paper explores how support for radical right populist parties may be shaped by new measures of deprivation and inequality based on growth-incidence-curves, gauging growth in real household income across a country’s income deciles and calculating a given decile's gains relative to the...
Persistent link: https://www.econbiz.de/10011870122
Comparative sociologists have long considered occupations to be a key source of inequality. However, data constraints make comparative research on two of the more important contemporary drivers of occupational stratification - globalization and technological change - relatively scarce. This...
Persistent link: https://www.econbiz.de/10011870295