IMF Staff Papers, Volume 51, No. 2

IMF Staff Papers, Volume 51, No. 2

Author: International Monetary Fund. Research Dept.

Publisher: International Monetary Fund

Published: 2004-07-29

Total Pages: 224

ISBN-13: 9781589063235

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This second issue for 2004 contains 8 new papers, including notable contributions from: Nancy Brune, Geoffrey Garrett, and Bruce Kogut on the global spread of privatization; and Mark P. Taylor and Elena T. Branson on asymmetric arbitrage and default premiums in the U.S. and Russian markets. Other papers in the issue look at German wage structures, contagion in equity markets, export orientation and productivity in Sub-Saharan Africa, the role of higher vs. basic education in economic development, and issues related to capital account liberalization.


Causes and Consequences of Income Inequality

Causes and Consequences of Income Inequality

Author: Ms.Era Dabla-Norris

Publisher: International Monetary Fund

Published: 2015-06-15

Total Pages: 39

ISBN-13: 1513547437

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This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.


Inequality, Mobility, and Segregation

Inequality, Mobility, and Segregation

Author: John A. Bishop

Publisher: Emerald Group Publishing

Published: 2012-09-06

Total Pages: 439

ISBN-13: 1781901708

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Contains 15 papers, which were presented at the Fourth Meeting of the Society for the Study of Economic Inequality, Catania, Sicily, July 2011. This title includes measuring segregation, welfare and liberty, the use of influence functions in distributional analysis, and the axiomatic approach to multidimensional inequality.


Labor Earnings Mobility and Inequality in the United States and Germany During the Growth Years of the 1980s

Labor Earnings Mobility and Inequality in the United States and Germany During the Growth Years of the 1980s

Author: Richard V. Burkhauser

Publisher:

Published: 1997

Total Pages: 60

ISBN-13:

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Abstract: Recent years have witnessed increased interest in issues of inequality and mobility in the labor market. Using data from the Panel Study of Income Dynamics and the German Socio-Economic Panel, we compare the labor earnings mobility of prime age men and women in the United States and Germany during the growth years of the 1980s. Despite major differences in labor market institutions we find very similar patterns in the two countries. Our formal models of labor earnings dynamics suggest a great deal of persistence in both countries. In the United States this may derive from permanent individual-specific differences among men, while in Germany random shocks are found to persist longer for men. Women in Germany and the United States have similar earnings dynamics.


Mobility and Inequality Trends

Mobility and Inequality Trends

Author: Sanghamitra Bandyopadhyay

Publisher: Emerald Group Publishing

Published: 2023-01-25

Total Pages: 225

ISBN-13: 1803829036

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Mobility and Inequality Trends is the 30th volume of Research on Economic Inequality and features insightful and original papers from the 9th Society for the Study of Economic Inequality (ECINEQ) meeting.


The Personal Distribution of Income in an International Perspective

The Personal Distribution of Income in an International Perspective

Author: Richard Hauser

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 251

ISBN-13: 3642572324

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Irene Becker and Richard Hauser "Bringing Income Distribution in From The Cold" was the title Anthony B. Atkinson gave his Presidential Address to the Royal Economic Society in 1996. This provocative formulation was intended to draw attention to the way in which the subject of income distribution long has been marginalised in the field of economics (Atkinson 1997). In recent years, however, scientific interest in matters of personal income distribution has been growing. One reason for this recent concern stems from the political sphere: The factors of reinforced competition between countries due to the globalisation of markets and European integration, high unemployment rates and demographic changes necessitate reforms of labour markets, tax systems and social security systems. These reforms will affect both allocation and distribution, so that reliable information on both areas is needed to devise balanced political programs. Another reason for the burgeoning literature on personal income distribution is the improved availability of data on individual income, which are a major prerequisite for detailed analyses of distribution topics. Last but not least, the development of powerful computers, advanced statistics, econometric packages and extended micro-simulation models enables researchers both to work with huge individual data sets to describe and explain the personal distribution of income and to simulate the effects of political (social and economic) programs. The volume at hand is based on some of the research advances in this field during the last decade.


Inter- and intragenerational economic mobility

Inter- and intragenerational economic mobility

Author: Daniel D. Schnitzlein

Publisher: wbv Media GmbH & Company KG

Published: 2012-05-08

Total Pages: 136

ISBN-13: 3763940529

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Die Ungleichheit der Lohneinkommen in Deutschland verschärft sich seit geraumer Zeit deutlich. Umso mehr muss zumindest die Gleichheit der Chancen in unserer Gesellschaft gewährleistet sein. Die Höhe des Einkommens sollte - aus gesellschaftlichen wie ökonomischen Gründen - von der individuellen Leistungsfähigkeit abhängen, nicht vom Status der Eltern. Doch wie ist es um die Gleichheit der Chancen in Deutschland tatsächlich bestellt? Ist das hiesige Einkommensgefüge so durchlässig, dass auch Menschen aus sozial schwachen Familien eine realistische Aufstiegschance haben? Wie hoch ist in Deutschland die ökonomische Mobilität zwischen sowie innerhalb von Generationen? Und wie schneidet Deutschland im Vergleich zu anderen Ländern ab? Daniel Schnitzlein untersucht diese Fragen mit neuen methodischen Ansätzen und analysiert die Ursachen für das unterschiedliche Ausmaß an ökonomischer Mobilität im internationalen Vergleich. Publikationssprache: Englisch