Showing 1 - 7 of 7
Increasing inequalities in multiple dimensions have played a role in fostering a feeling of injustice and triggering social dissatisfaction. While fairness is subjective, the far-reaching impact of perceptions of unfairness necessitates a more thorough examination and thoughtful consideration of...
Persistent link: https://www.econbiz.de/10015275787
The last two decades have seen a growing concern about rising inequality. In a recent book (2012), Economics Nobel laureate Joseph Stiglitz argues that rising income inequality is one of the main factors underlying the economic and financial crisis in the United States. Wilkinson and Pickett...
Persistent link: https://www.econbiz.de/10015304700
The last two decades have been marked by a growing concern about rising inequality. In a recent book (2012), Joseph Stiglitz, a former Nobel prize winner in Economics argues that rising income inequality is one of the main factors underlying the economic and financial crisis in the United...
Persistent link: https://www.econbiz.de/10015306543
Integration to world markets is expected to help developing countries to access prosperity. At the same time, increasing opportunities to trade are likely to affect income distribution and whether or not increasing openness to trade is accompanied by a reduction or an increase inequality is...
Persistent link: https://www.econbiz.de/10005055240
The starting point of this paper is given by country situations where trade liberalization is expected to be poverty and inequality alleviating in the long run while inducing a short run increase in poverty or in inequality. The question we ask is what are the distributive aspects of trade which...
Persistent link: https://www.econbiz.de/10005016592
This paper systematises the method initiated by Burtless (1999) and provides a general framework for decomposing inequality by factor components, which has the double advantage over usual decomposition procedures to allow for a decomposition of income distribution changes and to distinguish...
Persistent link: https://www.econbiz.de/10005227922
Using tariffs as a measure of openness, this paper finds consistent evidence that the conditional effects of trade liberalization on inequality are correlated with relative factor endowments. Trade liberalization, measured by changes in tariff revenues, is associated with increases in inequality...
Persistent link: https://www.econbiz.de/10005350081