Showing 401 - 410 of 504
This paper discusses and assesses critiques of the author's reformulation of the median voter hypothesis and its testing. The author rephrases and redefines more correctly the redistribution hypothesis and clarifies its relationship with the median voter hypothesis. He also reviews four types of...
Persistent link: https://www.econbiz.de/10013009010
The results of new direct price level comparisons across 148 countries in 2005 have led to large revisions of purchasing power parity exchanges rates, particularly for China and India. The recalculation of international and global inequalities, using the new purchasing power parity rates, shows...
Persistent link: https://www.econbiz.de/10013009115
Using social tables, the author makes an estimate of global inequality (inequality among world citizens) in the early 19th century. The analysis shows that the level and composition of global inequality have changed over the past two centuries. The level has increased, reaching a high plateau...
Persistent link: https://www.econbiz.de/10013009148
The paper contrasts Lipset's modernization hypothesis and Przeworski-Limongi hypothesis that entries into democracy are random with respect to income. We use data on income and democracy going back to 1820, multiple definitions of democracy, and non-parametric testing focusing on the...
Persistent link: https://www.econbiz.de/10014062167
The paper uses the recently available data on growth rates, democracy, protectionism, and wars over the period 1820 to 2000 to look at the determinants of economic growth over the long-term. It is motivated by the following questions: what is the effect of democracy on growth, was colonialism...
Persistent link: https://www.econbiz.de/10014062168
The objective of the paper is to answer an often-asked question: if tariff rates are reduced, what will happen to wage inequality? We consider two types of wage inequality: between occupations (skills premium) and between industries. We use two large databases of wage inequality that have become...
Persistent link: https://www.econbiz.de/10014065241
Using the large nationally-representative Malaysian Household Income Surveys from 1984, 1989 and 1997, the paper studies earnings inequality and determinants of earnings. During the period 1984-97, Malaysia's real per capita GDP increased by about 70 percent, participation rates for both men and...
Persistent link: https://www.econbiz.de/10014066056
Using recent economic statistics from the peak period of Byzantine political and economic influence, we estimate the average income around the year 1000 to have been about 6 nomismata per capita per annum. This is then translated into current prices using two independent methods. They both yield...
Persistent link: https://www.econbiz.de/10014067588
The effect of the distribution of political rights on income inequality has been studied both theoretically and empirically. This paper reviews the existing literature and, in particular, the available empirical evidence. Our reading of the literature suggests that formal exclusion from the...
Persistent link: https://www.econbiz.de/10014069708
This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed (if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty alleviation should matter. This note shows that we all do care...
Persistent link: https://www.econbiz.de/10014072283