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Recent debate has suggested that growing levels or high levels of inequality may be systematically associated with the occurrence of banking crises. Using the updated version of the Chartbook of Economic Inequality, this paper provides new empirical evidence on the `level' hypothesis and...
Persistent link: https://www.econbiz.de/10011163242
This paper is prepared as a chapter for the Handbook of Income Distribution, Volume 2 (edited by A. B. Atkinson and F. Bourguignon, Elsevier-North Holland, forthcoming). Like the other chapters in the volume (and its predecessor), the aim is to provide a comprehensive review of a particular area...
Persistent link: https://www.econbiz.de/10011122008
This paper examines the response of the national income shares accruing to different groups within the richest decile in the US to the occurrence of major systemic banking crises since the beginning of the twentieth century. The findings suggest that the impact of banking crises on the US top...
Persistent link: https://www.econbiz.de/10010764320
The purpose of this Chartbook is to present a summary of evidence about long-run changes in economic inequality – primarily income, earnings, and wealth – for 25 countries covering more than one hundred years. There is a range of countries and they account for more than a third of the...
Persistent link: https://www.econbiz.de/10010878119
Sustainability for a society means long-term viability, but also the ability to cope with economic crises and disasters. Just as with natural disasters, we can minimize the chance of them occurring and set in place policies to protect the world’s citizens against their consequences. This paper...
Persistent link: https://www.econbiz.de/10010611338
Persistent link: https://www.econbiz.de/10010764555
Other industrialized countries have adopted policies that simultaneously promote early child care and gender equality. In both, the United States lags significantly. Many economists claim that the lack of such policies will reduce the nation's productivity. The authors analyze the policies of...
Persistent link: https://www.econbiz.de/10005752350
This paper investigates wage gaps between part- and full-time women workers in six OECD countries in the mid-1990s. Using comparable micro-data from the Luxembourg Income Study (LIS), for Canada, Germany, Italy, Sweden, the UK, and the US, the paper first assesses cross-national variation in the...
Persistent link: https://www.econbiz.de/10005278289
Persistent link: https://www.econbiz.de/10009403050
We analyse wage differentials between part-time and full-time workers in four English-speaking countries, using cross-nationally comparable data from the Luxembourg Income Study (LIS). An analysis of gross wage gaps (that is, unadjusted for human capital- and job-related differences) reveals...
Persistent link: https://www.econbiz.de/10010891405