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importance of “trade-induced horizontal inequality,” i.e. inequality brought about by trade shocks that occurs among workers with … the same level of earnings prior to the shock. While this type of inequality does not affect the income distribution, it … horizontal inequality and changes in the income distribution induced by trade in a data-driven way, we develop a characterization …
Persistent link: https://www.econbiz.de/10013464119
A key characteristic of any trade bloc is its “flexibility” – the extent to which it can be modified or augmented by existing members. This paper investigates how prospective trade bloc members value the flexibility of proposed trade agreements in a changing trading environment. We...
Persistent link: https://www.econbiz.de/10012142363
East Germany for men aged 20-60 rose by 118%, while various inequality measures indicate an increase in wage inequality of … 25 to 61%. This paper studies the causes of this growth in wages and the changes in wage inequality, the first two … growth and inequality change in East Germany. Most of the increases occur at the beginning of the transition. We compare our …
Persistent link: https://www.econbiz.de/10010266345
This paper reviews evidence on social mobility in Latin America. Several studies have used data sets that collect intergenerational socio economic information. The data, though limited, suggest that social mobility is low in the region, even when compared with low social mobility developed...
Persistent link: https://www.econbiz.de/10010278279
inequality across countries. We find that if inequality across countries is low, the extensive margin of trade between countries …
Persistent link: https://www.econbiz.de/10010316861
inequity, whether across states of world (uncertainty), across individuals (inequality) and across generations …
Persistent link: https://www.econbiz.de/10011622070
In this paper, the method of deriving the parameter ε of inequality aversion from a parametric distribution of incomes … constant inequality aversion utility function and that incomes obey the generalised beta distribution of the second kind GB2(a …) interval. The mid-point εmid of this interval specifies inequality aversion of the median socialdecision maker. The maximum …
Persistent link: https://www.econbiz.de/10012112502
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