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public good is pure, any given, positive level of income inequality can beshown to be socially excessive by suitably … redistribution from the rich tothe poor will improve social welfare, regardless of how small inequality is in the status quo... …
Persistent link: https://www.econbiz.de/10005868577
This paper examines the interactions between Foreign Direct Investment (FDI), inequality, and growth, both from a …
Persistent link: https://www.econbiz.de/10005868808
In the first chapter, I examine an incomplete markets economy in a politico-economic general equilibrium setting in which the median voter chooses the inflation rate. I use an environment where individuals face an uninsurable idiosyncratic labor productivity shock, and money is the only asset....
Persistent link: https://www.econbiz.de/10009429391
alternative understanding of how debt, inequality and class relate to one another. At its basis is the recognition that over the …
Persistent link: https://www.econbiz.de/10015190892
consequences of the China shock to global food markets for economic inequality in Brazilian municipalities from 1985 to 2020. I … rather unequally distributed. The soy boom has fueled land consolidation and economic inequality, especially in places …
Persistent link: https://www.econbiz.de/10015194925
stability of democracy. One widely studied determinant of political trust is income inequality. While the empirical finding that … societies with lower levels of income inequality have higher levels of trust is well established, the exact ways in which income … inequality affects political trust remain unclear. Past research has shown that individuals oftentimes have biased perceptions of …
Persistent link: https://www.econbiz.de/10015198020
We reconstruct the genealogical tree of all individuals ever appearing in Dutch municipalities records since 1995. Using microdata from tax authorities, we compute a measure of their permanent earnings and assess the degree to which the intergenerational transmission process is heterogeneous....
Persistent link: https://www.econbiz.de/10015199493
prosperity using 'inequality lines'. Analogous to poverty lines but focused on inequality, inequality lines are benchmark incomes …. Income increases below the inequality line decrease inequality; income increases above the line increase inequality. In … contrast to the B40 approach and all conventional poverty lines, inequality lines arise naturally: their location in the income …
Persistent link: https://www.econbiz.de/10015209823
What sparked humanity's leap from stagnation to prosperity? What lies at the core of inequality among nations? Unified … of change that have governed the journey of humanity, driven the growth process, and shaped inequality across the globe … stagnation; and (ii) The Mystery of Inequality - the roots of the vast inequality in the wealth of nations. The theory suggests …
Persistent link: https://www.econbiz.de/10015210936
This study examines how student aid eligibility influences application decisions to higher education using administrative data from the French national centralized platform. We employ a difference-in-differences approach following a change in the income thresholds for aid eligibility. We find...
Persistent link: https://www.econbiz.de/10015211293