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According to a standard argument, higher income inequality fosters redistributive activities of the government in favor of the median income earner. This paper shows that if redistribution is achieved by a public provision of goods and services rather than by transfers, higher income inequality...
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According to a standard argument, higher income inequality fosters redistributive activities of the government in favor of the median income earner. This paper shows that if redistribution is achieved by a public provision of goods and services rather than by transfers, higher income inequality...
Persistent link: https://www.econbiz.de/10011409989
We provide three new empirical perspectives on inequality in the context of economic development, one focusing on income inequality, and the remaining two on gender inequality. First, we jointly analyze the causal effects of geography, trade integration, and institutional quality on different...
Persistent link: https://www.econbiz.de/10012548894
Since the outbreak of the COVID-19 crisis, there is an increased interest to understand how social inequalities, discrimination, and inclusion are related to the pandemic. Sub-Saharan Africa has been comparatively resilient regarding the number of cases and fatalities per capita. At the same...
Persistent link: https://www.econbiz.de/10012430811
This paper analyzes the interaction between intergenerational wealth transmission, human capital investments under uninsurable labor income risk, and economic growth in a small open overlapping-generations economy with heterogeneous agents. It demonstrates how the role of the personal income...
Persistent link: https://www.econbiz.de/10010261651