Showing 1 - 10 of 19
Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as unequal as they are today? For want of sufficient data, these questions have not yet been answered. This paper infers inequality for 14 ancient, pre-industrial societies using...
Persistent link: https://www.econbiz.de/10015241205
Using household surveys from Yemen and Djibouti, the paper analyzes determinants of qat consumptions in two countries. The results confirm huge importance of qat in daily life: with between one-half (in Djibouti) and 70 percent (in Yemen) of all households reporting at least one user. But in...
Persistent link: https://www.econbiz.de/10015216274
Using social tables, we make an estimate of global inequality (inequality among world citizens) in early 19th century. We then show that the level and composition of global inequality have changed over the last two centuries. The level has increased reaching a high plateau around 1950s, and the...
Persistent link: https://www.econbiz.de/10015217749
The results of new direct price level comparisons across 146 countries in 2005 have led to large revisions of PPP (purchasing power parity) exchanges rates, particularly for China and India. The recalculation of international and global inequalities, using the new PPPs, shows that inequalities...
Persistent link: https://www.econbiz.de/10015217750
Almost all social transfers are conducted within nations. Is there a case for cross border transfers? What could be the grounds for such transfers from the globally rich to globally poor people? The paper explores three possible grounds: compensation for the past wrongs; economic and political...
Persistent link: https://www.econbiz.de/10015223671
The paper uses the data from Francois Quesnay's writings to derive a social table for pre-revolutionary France, estimate country's mean income and income distribution. These Quesnay-based estimates are compared with more recent estimates of 18th century French incomes and inequality.
Persistent link: https://www.econbiz.de/10015224885
Suppose that all people in the world are allocated only two characteristics: country where they live and social class within that country. Assume further that there is no migration. We show that 90 percent of variability in people’s global income position (percentile in world income...
Persistent link: https://www.econbiz.de/10015228986
We present an empirical restatement of the classical economic theory of imperialism and the origins of World War I. Using recent data, we show 1) inequality was at historical highs in all the advanced belligerent countries at the turn of the century, 2) rich wealth holders invested more of their...
Persistent link: https://www.econbiz.de/10015258484
The paper presents the first estimate of the real welfare ratio for Serbia using the 19th century data on wages of skilled and unskilled workers (including the part paid in kind) and prices of goods that enter into "subsistence" and "respectability" consumption baskets. It finds a stagnation of...
Persistent link: https://www.econbiz.de/10015263326
We develop and implement a method for measuring the frequency of changes in power among distinct leaders and ideologically distinct parties that is comparable across political systems. We find that more frequent alternation in power is associated with the emergence of better governance in...
Persistent link: https://www.econbiz.de/10015270553