Search results for "Income Inequality"
showing 10 items of 36 documents
Three (marginal?) questions regarding convergence
2004
This paper focuses on three (marginal?) questions surrounding the analysis of economic convergence and uses Spanish provinces as a means of illustration. The three questions in hand are the following: (i) given that the geographical units of analysis are usually quite different in economic size, is the weighting of economic units relevant in convergence analysis? (ii) the average per capita income of a given region, or country, is the first moment in the distribution of income, but what about the second moment, inequality? Have we converged in inequality? and (iii) an aggregate welfare index must take into account, at least, the evolution of the first two moments of the distribution of inco…
Can Differences in Characteristics Explain Ethnic Wage Gap in Latvia?
2017
Abstract We used anonymized micro data from Labour Force Survey to estimate the ethnic wage gap in Latvia and find the factors that explain it. We found that a notable ethnic wage gap still exists in Latvia with non-Latvians earning 10 % less than Latvians in 2015. The results of Oaxaca-Ransom decomposition show that approximately two thirds of the ethnic wage gap are explained by differences in characteristics with the most important effects in favour of Latvians caused by segregation in better paying occupational groups, having Latvian citizenship and better education (higher education levels and more favourable segregation by education fields). This was partly offset by favourable segreg…
Fiscal adjustments and income inequality: a first assessment
2012
Using a statistical approach to identify fiscal adjustments, we find that fiscal consolidation appears to shorten the income gap. Fiscal austerity plans that succeed in bringing public debt to a sustainable path seem to be more likely to reduce inequality. Expansionary fiscal adjustments are particularly important to promote changes in the income distribution.
Financial Reforms and Income Inequality
2012
Available online 8 June 2012
Intertemporal and interprovincial variations in income inequality: Spain, 1973–1991
2002
Goerlich F. J. and Mas M. (2002) Intertemporal and interprovincial variations in income inequality: Spain, 1973–1991, Reg. Studies 36, 1005–1015. The paper presents the main findings on personal income distribution for the Spanish provinces over the period 1973–91. The information comes from the three structural Household Budget Surveys and has been elaborated by the authors on a homogeneous base (available at: http://www.ivie.es). It starts by reviewing the information provided by some dispersion statistics, including kernel density functions, applied to the provincial Gini indices and Lorenz percentiles. It goes on to test, making use of an ANOVA model, two propositions related with inter…
An Experimental Analysis of Social Mobility Comparisons
2004
Social mobility is an issue at the crossroad of various disciplines: sociology, statistics, political science and economics. We review alternative approaches to the analysis of intergenerational income mobility, and conduct a questionnaire aimed to reveal students' opinions on some basic principles developed in the literature. The questionnaire includes questions focussed on: (a) the difference between structural and exchange mobility; (b) the decomposition of mobility tables into parameters linked to structural mobility and parameters linked to exchange mobility; (c) the effects of transformations of the status variables (incomes) on mobility comparisons. These issues have been formalized …
Welfare State Development, Individual Deprivations and Income Inequality: A cross-country analysis in Latin America and the Caribbean
2019
Several scholars have confirmed the role that the welfare state (WS) plays in reducing poverty, promoting equality and ensuring the common wellbeing. One of the limitations of the scholarship has been the conceptualization and operationalization of the WS and poverty as one-dimensional variables. The purpose of this paper is to examine the relationship between welfare state development –as a one-dimensional and multidimensional variable-, single-dimensions deprivations and income inequality in Latin America and the Caribbean, before and after controlling for demographic and cyclical factors. The WS is operationalized taking into account its multidimensional nature. Three individual deprivat…
PERMANENT INCOME, CONVERGENCE AND INEQUALITY AMONG COUNTRIES
2008
The literature on inequality has generally focused on the analysis of annual per capita income. This paper adopts a different approach by considering the life-cycle dimension of inequality and convergence between economies from 1960 to 2000. We analyze the present value of the set of incomes individuals obtain throughout their whole life (permanent income). On the basis of this approach, various simulations are made to determine the effect on inequality in permanent income of variables such as survival rates and the long-run growth rates in current income. The results indicate that survival rates are an important source of inequality. Inequality in permanent income is about one third higher…
A Proposal to Compare Consistently the Inequality Among the Poor
2013
A poverty index should be sensitive to the number of poor people, the extent of the shortfall of the poor, and the inequality among the poor. A difficulty arises when inequality among the poor needs to be assessed. The inequality may be analyzed in terms of either incomes or gaps. Depending on what side we focus on, the inequality level comparisons may be contradictory. This paper proposes a reinterpretation of the inequality component involved in the decompositions of well-known poverty indices. The alternative indices we introduce measure equally the income and gap inequality among the poor. The comparisons in inequality as measured by these indices are then independent of the viewpoint. …
A Global Perspective on Effectiveness of Aid for Trade
2012
Recent global initiatives on debt relief and development assistance call for increasing aid for trade to the poorest countries. The paper applies a multi-country computable general equilibrium model to measure the effectiveness of alternative aid for trade categories. The findings show that aid for trade policies expand trade and alleviate international income inequalities in the recipient countries, that will benefit mainly from aid for trade adjustment and technical assistance.