Capital Shares and Income inequality: Evidence from the Long
... related to the growth of the public sector, which includes institutional development as well as political processes such as redistribution. The time period used in our main analysis is 5year averages of the data rather than yearly values because the latter can be quite noisy. In the appendix we pres ...
... related to the growth of the public sector, which includes institutional development as well as political processes such as redistribution. The time period used in our main analysis is 5year averages of the data rather than yearly values because the latter can be quite noisy. In the appendix we pres ...
Continuity and Change in Place Stratification
... Before continuing, a few caveats are in order. First, I focus on spatial inequality not as a replacement for traditional interest areas, but as a way to bring together conceptually and substantively what encompasses much on-going work. Current rural sociology is a sociology of spatial inequality ins ...
... Before continuing, a few caveats are in order. First, I focus on spatial inequality not as a replacement for traditional interest areas, but as a way to bring together conceptually and substantively what encompasses much on-going work. Current rural sociology is a sociology of spatial inequality ins ...
Reskin 2003 - American Sociological Association
... More generally, motive-based accounts of employment disparities across ascriptive groups derived from neoclassical economic theory make two important assumptions. First, the desire for maximal profits hypothetically prompts firms to employ the most productive workers available at the lowest possible ...
... More generally, motive-based accounts of employment disparities across ascriptive groups derived from neoclassical economic theory make two important assumptions. First, the desire for maximal profits hypothetically prompts firms to employ the most productive workers available at the lowest possible ...
The impacTs of social aND ecoNomic iNequality on economic
... have dropped by half. Sixteen million people are on social assistance, gross primary enrolment is at around 98 percent, and almost three million houses and housing units have been constructed as potential assets for poor people. Access to basic services such as piped water, sanitation, electricity a ...
... have dropped by half. Sixteen million people are on social assistance, gross primary enrolment is at around 98 percent, and almost three million houses and housing units have been constructed as potential assets for poor people. Access to basic services such as piped water, sanitation, electricity a ...
The Route Not Taken: Pareto`s Model of Social Mobility
... invariants of this type might lay the foundations for an entirely novel type of theory” (1951: 121). b. Mobility Within the Social Pyramid The evolution of Pareto’s ideas on income inequality and social stratifications can be seen in his later major economics textbook Manual of Political Economy (Pa ...
... invariants of this type might lay the foundations for an entirely novel type of theory” (1951: 121). b. Mobility Within the Social Pyramid The evolution of Pareto’s ideas on income inequality and social stratifications can be seen in his later major economics textbook Manual of Political Economy (Pa ...
PDF
... Initially, one can argue that expectations about one's own prospects in a society in which growth is occurring are tied to the rate of growth of incomes In the reference group. ...
... Initially, one can argue that expectations about one's own prospects in a society in which growth is occurring are tied to the rate of growth of incomes In the reference group. ...
Consequentialist Models
... what do we learn? parochial populations are highly vulnerable very unlikely in networks characteristic of pluralistic societies the key people in these cascades: – not those who are highly influential they start the cascade but do not sustain it critical role is played by those who are ea ...
... what do we learn? parochial populations are highly vulnerable very unlikely in networks characteristic of pluralistic societies the key people in these cascades: – not those who are highly influential they start the cascade but do not sustain it critical role is played by those who are ea ...
Spatial inequality
... be seen as giving rise to a new research tradition on stratification across space. By bringing in more fluid ways of addressing spatial inequality, this new generation of work advances sociology’s spatialization project in general, beyond the city and nation-state. This advancement has numerous adva ...
... be seen as giving rise to a new research tradition on stratification across space. By bringing in more fluid ways of addressing spatial inequality, this new generation of work advances sociology’s spatialization project in general, beyond the city and nation-state. This advancement has numerous adva ...
Munshi(209).pdf
... analysis. Analyses of globalization and wage inequality have historically been limited to single-country analysis as there has been no generally accepted comparable data on occupational wages across countries. However, recently the Occupational Wages around the World (OWW) database, which includes b ...
... analysis. Analyses of globalization and wage inequality have historically been limited to single-country analysis as there has been no generally accepted comparable data on occupational wages across countries. However, recently the Occupational Wages around the World (OWW) database, which includes b ...
3. Growth and equity: Dismantling the Kaldor–Kuznets–Solow consensus
... The mechanism they point to is the democratic demand for transfer payments to correct inequities perceived as unfair, which in turn provide a disincentive for work and wealth accumulation. Alesina and Rodrik (1994) also argue that an unequal society will have strong demand for redistribution. By loo ...
... The mechanism they point to is the democratic demand for transfer payments to correct inequities perceived as unfair, which in turn provide a disincentive for work and wealth accumulation. Alesina and Rodrik (1994) also argue that an unequal society will have strong demand for redistribution. By loo ...
PRODUCTION DEVELOPMENT Productivity, social expenditure and income distribution
... technology-intensive, endowed with highly sophisticated capabilities. An encompassing welfare state gives rise to a high share of social expenditure as a percentage of GDP. The Northwest quadrant represents developed countries whose production structures display very high levels of technological int ...
... technology-intensive, endowed with highly sophisticated capabilities. An encompassing welfare state gives rise to a high share of social expenditure as a percentage of GDP. The Northwest quadrant represents developed countries whose production structures display very high levels of technological int ...
The American University in Cairo
... returns. The study further highlighted that we live in what Piketty called "Patrimonial Capitalism" as a result of inherited wealth dominated by an oligarchy (Piketty, 2014, p. 534). The global pressing issue now is not only that the gap between the rich and the poor is quickly escalating, but most ...
... returns. The study further highlighted that we live in what Piketty called "Patrimonial Capitalism" as a result of inherited wealth dominated by an oligarchy (Piketty, 2014, p. 534). The global pressing issue now is not only that the gap between the rich and the poor is quickly escalating, but most ...
Development policies and income inequality in selected
... b Economies have been assigned to the rising inequality, no change or falling inequality categories on the basis of an analysis of time trends and of the difference between the initial and final Gini coefficients for each of the two sub-periods considered, i.e. 1980–2000 (top panel) and 2000–2010 ( ...
... b Economies have been assigned to the rising inequality, no change or falling inequality categories on the basis of an analysis of time trends and of the difference between the initial and final Gini coefficients for each of the two sub-periods considered, i.e. 1980–2000 (top panel) and 2000–2010 ( ...
Why the rich may be indifferent to income growth of their own
... top 1%) from different nations form a group apart, a global “superclass” (Rothkopf 2008, Freeland 2012). The objective of this note is to consider whether there is empirical substance to the claim that in high inequality societies income of the rich is in some sense decoupled from the income of the ...
... top 1%) from different nations form a group apart, a global “superclass” (Rothkopf 2008, Freeland 2012). The objective of this note is to consider whether there is empirical substance to the claim that in high inequality societies income of the rich is in some sense decoupled from the income of the ...
V - Institute for Research on Poverty
... Our three axioms are intimately related to the Lorenz criterion. Before we can discuss this relationship, however, we need to define this concept which, for the reader who is unfamiliar with it, is explained in the two paragraphs that follow. In order to understand the Lorenz criterion it is first n ...
... Our three axioms are intimately related to the Lorenz criterion. Before we can discuss this relationship, however, we need to define this concept which, for the reader who is unfamiliar with it, is explained in the two paragraphs that follow. In order to understand the Lorenz criterion it is first n ...
The Rise and Decline of General Laws of Capitalism
... capitalism. David Ricardo, for example, predicted that capital accumulation would terminate in economic stagnation and inequality as a greater and greater share of national income accrued to landowners. Karl Marx followed him by forecasting the inevitable immizerization of the proletariat. Thomas Pi ...
... capitalism. David Ricardo, for example, predicted that capital accumulation would terminate in economic stagnation and inequality as a greater and greater share of national income accrued to landowners. Karl Marx followed him by forecasting the inevitable immizerization of the proletariat. Thomas Pi ...
"Is the Past in Our Future?"
... predicting capitalism will collapse as a result. Piketty, however, does see the excess of r over g as tending to increase capital’s share of national income. And he demonstrates that after the “shocks” from war, inflation, and depression during the first half of the twentieth century, capital has re ...
... predicting capitalism will collapse as a result. Piketty, however, does see the excess of r over g as tending to increase capital’s share of national income. And he demonstrates that after the “shocks” from war, inflation, and depression during the first half of the twentieth century, capital has re ...
Discussion 1. Benoît Coeuré Introduction
... effect of globalisation on income distribution remains a debated issue. Skeptical opinions are heard, in both developing and industrialised countries, be it in civil society or among economists, which denounce an increasing dispersion of income both within countries and between countries, ascribed t ...
... effect of globalisation on income distribution remains a debated issue. Skeptical opinions are heard, in both developing and industrialised countries, be it in civil society or among economists, which denounce an increasing dispersion of income both within countries and between countries, ascribed t ...
What has Sociology to Contribute to the Study of Inequality Trends
... concomitant of inequality trends. The fact that many sociologists who study social mobility concentrated their efforts on intergenerational mobility is one reason why the changing life-course mobility patterns were not given greater prominence in sociological research. However, even sociologists stu ...
... concomitant of inequality trends. The fact that many sociologists who study social mobility concentrated their efforts on intergenerational mobility is one reason why the changing life-course mobility patterns were not given greater prominence in sociological research. However, even sociologists stu ...
The Rise and Fall of General Laws of Capitalism
... Why did these predictions fail? We think for a very simple reason: they all ignored institutions, which a¤ect markets, prices, and the evolution of technology. The increase in real wages in Britain, for example, was in part a consequence of the technological changes unleashed by the Industrial Revo ...
... Why did these predictions fail? We think for a very simple reason: they all ignored institutions, which a¤ect markets, prices, and the evolution of technology. The increase in real wages in Britain, for example, was in part a consequence of the technological changes unleashed by the Industrial Revo ...
Working Paper Series
... Ethics. However, inequality as a major form of injustice is a modern discovery. Although radical “heretical” movements in the socio-religious upheavals of early European modernity – like the German Wiedertäufer of the 17th century and the Levellers in the English revolution a century later – fought ...
... Ethics. However, inequality as a major form of injustice is a modern discovery. Although radical “heretical” movements in the socio-religious upheavals of early European modernity – like the German Wiedertäufer of the 17th century and the Levellers in the English revolution a century later – fought ...
The Political Meanings of Social Class Inequality
... such as faith in the American dream of upward mobility or opposition to redistributive policies (Alesina and Glaeser 2004; Lipset 1996). For reasons of external validity, it made sense to expand the boundaries of research by incorporating survey questions about inequality into the political study of ...
... such as faith in the American dream of upward mobility or opposition to redistributive policies (Alesina and Glaeser 2004; Lipset 1996). For reasons of external validity, it made sense to expand the boundaries of research by incorporating survey questions about inequality into the political study of ...
Sustainability and Inequality in Human Development
... educational spending. On the whole, investment in human capital is therefore likely to decrease with more income inequality. As concerns social capital, more income inequality, at least beyond a certain level of inequality, is likely to lead to a loss of social capital as more inequality threatens ...
... educational spending. On the whole, investment in human capital is therefore likely to decrease with more income inequality. As concerns social capital, more income inequality, at least beyond a certain level of inequality, is likely to lead to a loss of social capital as more inequality threatens ...
Economic inequality
Economic inequality, also known as income inequality, wealth inequality, gap between rich and poor, gulf between rich and poor and contrast between rich and poor, refers to how economic metrics are distributed among individuals in a group, among groups in a population, or among countries. Economists generally think of three metrics of economic disparity: wealth (wealth inequality), income (income inequality), and consumption. The issue of economic inequality can implicate notions of equity, equality of outcome, and equality of opportunity.Some studies have emphasized inequality as a growing social problem. Too much inequality can be destructive, because income inequality and wealth concentration can hinder long term growth. Early statistical studies comparing inequality to economic growth had been inconclusive, however in 2011, International Monetary Fund economists showed that greater income equality—less inequality—increased the duration of countries' economic growth spells more than free trade, low government corruption, foreign investment, or low foreign debt.Economic inequality varies between societies, historical periods, economic structures and systems. The term can refer to cross sectional distribution of income or wealth at any particular period, or to the lifetime income and wealth over longer periods of time. There are various numerical indices for measuring economic inequality. A widely used one is the Gini coefficient, but there are also many other methods.