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This paper studies the effects of labour market reforms on the functional distribution of income in a DSGE model (Roeger et al., 2008) with skill differentiation, in which households supply three types of labour: low-, medium- and high-skilled. The households receive income from labour, tangible...
Persistent link: https://www.econbiz.de/10012118569
This paper studies the effects of labour market reforms on the functional distribution of income in a DSGE model (Roeger et al., 2008) with skill differentiation, in which households supply three types of labour: low-, medium- and high-skilled. The households receive income from labour, tangible...
Persistent link: https://www.econbiz.de/10012859991
Persistent link: https://www.econbiz.de/10012692533
We explore the relationship between union density and labor’s shares using panel data on 35 industries, spanning the entire US economy, for the years 1983 through 2005. For the full sample, a standard deviation increase in union density (membership or coverage rates) is associated with an...
Persistent link: https://www.econbiz.de/10010793609
inequality has remained unchaged, unemployment has shot upwards. To account for there distinct patterns, a combination of current …
Persistent link: https://www.econbiz.de/10005168478
Persisting high unemployment and income inequality are two serious problems in global macroeconomic management. This … US from 1941-2010. Using the wage share in aggregate personal income as a measurement of income inequality, it discovers … change rates of unemployment rate and the wage share throughout 1941-2010. It means that unemployment and income inequality …
Persistent link: https://www.econbiz.de/10013109252
as its implications for income inequality. The main finding is that young, less educated, and low skilled workers, as … hypothesize that income inequality likely has increased due to the pandemic. Policies aiming at reducing inequality in the labor …
Persistent link: https://www.econbiz.de/10013295139
When and how do natural disasters worsen within-country income inequality? We highlight the channels through which … natural disasters may have distributional effects and empirically analyze when and which type of disasters affect inequality … in advanced economies (AEs) and in emerging and developing economies (EMDEs). We find that in AEs inequality increases …
Persistent link: https://www.econbiz.de/10014258217
Inequality is a challenging issue for all developing coun-tries across the globe. Evaluating the role of monetary … policy in miti-gating inequality is imperative for researchers and policy makers.The central objective of the present study … is to empirically evaluatethe impact of monetary policy on income inequality for ten Asianand African developing …
Persistent link: https://www.econbiz.de/10014566383
We examine the interplay between changes in the functional distribution of income and the distribution of market income among households. We use micro data from the German Socio-Economic Panel as well as macro data from the German Federal Statistical Office from 2002 to 2008. We categorize and...
Persistent link: https://www.econbiz.de/10009751309