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This article reviews the distribution of income and wealth in the US from three basic perspectives that tend to be otherwise overlooked if the subject is framed primarily on the basis of the gross statistics: a) quantity and quality of work effort; b) quantity and quality of capital...
Persistent link: https://www.econbiz.de/10012982965
The COVID-19 pandemic risks exacerbating inequality in Asia. High frequency labor surveys show that the pandemic is having particularly adverse effects on younger workers, women and people that are more vulnerable. Pandemics have been shown to increase inequalities. As a result, income...
Persistent link: https://www.econbiz.de/10013314837
This study assesses the economic and social impacts of foreign direct investment (FDI) in 17 economies in Central, East and Southeast Europe (CESEE). More precisely, we investigate how different FDI inflows have affected various economic and social indicators, such as GDP growth, labour market...
Persistent link: https://www.econbiz.de/10013455863
This paper has three primary objectives. First, it provides a broad overview of the available South African data used to examine gender in the labour market, with specific reference to the South African Revenue Services (SARS) tax data which has recently been made available. Second, the paper...
Persistent link: https://www.econbiz.de/10011997531
Using novel matched employer-employee register data with firm-level information on the introduction of industrial robots, this paper analysis the impact of robots on the wages of workers in the manufacturing sector. The results show that industrial robots increase wages for high-skilled workers...
Persistent link: https://www.econbiz.de/10012825009
The worrying combination of the labor market tightness and the wage inflation in the US since the pandemic raises a question on how the business closure orders affected the fragile segments of the labor force and contributed to mounting inflationary wage pressure. We develop a macroeconomic...
Persistent link: https://www.econbiz.de/10013365159
Current studies addressing the rise in inequality confine themselves to country-level developments. This paper delineates trends in earnings inequality and employment at the sectoral level for eight LIS countries between 1985-2005. Earnings inequality mainly manifests itself within rather than...
Persistent link: https://www.econbiz.de/10014155368
This paper investigates the effect of economic size and uncertainty on income inequality in Nigeria from 1980 to 2020. Using the ARDL methodology, and controlling for structural breaks, we investigate how economic size and uncertainty influence income inequality in Nigeria while controlling for...
Persistent link: https://www.econbiz.de/10014081399
This paper investigates why the level of income inequality differs across U.S. cities and why some cities experience faster increases in the level of inequality than others. The rising level of income inequality in the US has received growing attention from both researchers and policy makers....
Persistent link: https://www.econbiz.de/10013002509
I develop a simple, static general-equilibrium model with two classes of individuals, workers and entrepreneurs, and two goods. One good is in fixed supply, intrepreted as status-good, and the other is a standard, producible and consumable commodity. All prices are set by firm owners...
Persistent link: https://www.econbiz.de/10012967840