Author: Kaushik Basu
Publisher: Springer
ISBN: 1137554592
Category : Business & Economics
Languages : en
Pages : 312
Book Description
It was part of common wisdom that in the early stages of development inequality would rise, but it would, eventually, decline. As time passed and growth persisted, inequality has, however, continued to grow, casting doubt on the received wisdom.
Inequality and Growth: Patterns and Policy
Author: Kaushik Basu
Publisher: Springer
ISBN: 1137554592
Category : Business & Economics
Languages : en
Pages : 312
Book Description
It was part of common wisdom that in the early stages of development inequality would rise, but it would, eventually, decline. As time passed and growth persisted, inequality has, however, continued to grow, casting doubt on the received wisdom.
Publisher: Springer
ISBN: 1137554592
Category : Business & Economics
Languages : en
Pages : 312
Book Description
It was part of common wisdom that in the early stages of development inequality would rise, but it would, eventually, decline. As time passed and growth persisted, inequality has, however, continued to grow, casting doubt on the received wisdom.
Studies in Applied Welfare Analysis
Author: John A. Bishop
Publisher: Emerald Group Publishing
ISBN: 085724146X
Category : Business & Economics
Languages : en
Pages : 281
Book Description
Contains papers from the Society for the Study of Economic Inequality's third meeting held in Buenos Aries, Argentina, in July 2009. This title focuses on a number of Latin American countries, on the understudied topics of poverty and inequality in these areas.
Publisher: Emerald Group Publishing
ISBN: 085724146X
Category : Business & Economics
Languages : en
Pages : 281
Book Description
Contains papers from the Society for the Study of Economic Inequality's third meeting held in Buenos Aries, Argentina, in July 2009. This title focuses on a number of Latin American countries, on the understudied topics of poverty and inequality in these areas.
Handbook of Labor Economics
Author: Orley Ashenfelter
Publisher: Elsevier
ISBN: 0444534520
Category : Business & Economics
Languages : en
Pages : 1141
Book Description
A guide to the continually evolving field of labour economics.
Publisher: Elsevier
ISBN: 0444534520
Category : Business & Economics
Languages : en
Pages : 1141
Book Description
A guide to the continually evolving field of labour economics.
Heterogeneity and Persistence in Returns to Wealth
Author: Andreas Fagereng
Publisher: International Monetary Fund
ISBN: 1484370066
Category : Business & Economics
Languages : en
Pages : 69
Book Description
We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population data from Norway’s administrative tax records. We document a number of novel results. First, during our sample period individuals earn markedly different average returns on their financial assets (a standard deviation of 14%) and on their net worth (a standard deviation of 8%). Second, heterogeneity in returns does not arise merely from differences in the allocation of wealth between safe and risky assets: returns are heterogeneous even within asset classes. Third, returns are positively correlated with wealth: moving from the 10th to the 90th percentile of the financial wealth distribution increases the return by 3 percentage points - and by 17 percentage points when the same exercise is performed for the return to net worth. Fourth, wealth returns exhibit substantial persistence over time. We argue that while this persistence partly reflects stable differences in risk exposure and assets scale, it also reflects persistent heterogeneity in sophistication and financial information, as well as entrepreneurial talent. Finally, wealth returns are (mildly) correlated across generations. We discuss the implications of these findings for several strands of the wealth inequality debate.
Publisher: International Monetary Fund
ISBN: 1484370066
Category : Business & Economics
Languages : en
Pages : 69
Book Description
We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population data from Norway’s administrative tax records. We document a number of novel results. First, during our sample period individuals earn markedly different average returns on their financial assets (a standard deviation of 14%) and on their net worth (a standard deviation of 8%). Second, heterogeneity in returns does not arise merely from differences in the allocation of wealth between safe and risky assets: returns are heterogeneous even within asset classes. Third, returns are positively correlated with wealth: moving from the 10th to the 90th percentile of the financial wealth distribution increases the return by 3 percentage points - and by 17 percentage points when the same exercise is performed for the return to net worth. Fourth, wealth returns exhibit substantial persistence over time. We argue that while this persistence partly reflects stable differences in risk exposure and assets scale, it also reflects persistent heterogeneity in sophistication and financial information, as well as entrepreneurial talent. Finally, wealth returns are (mildly) correlated across generations. We discuss the implications of these findings for several strands of the wealth inequality debate.
Social Mobility in Developing Countries
Author: Vegard Iversen
Publisher: Oxford University Press
ISBN: 0192896857
Category : Business & Economics
Languages : en
Pages : 506
Book Description
Social mobility is the hope of economic development and the mantra of a good society. There are disagreements about what constitutes social mobility, but there is broad agreement that people should have roughly equal chances of success regardless of their economic status at birth. Concerns about rising inequality have engendered a renewed interest in social mobility--especially in the developing world. However, efforts to construct the databases and meet the standards required for conventional analyses of social mobility are at a preliminary stage and need to be complemented by innovative, conceptual, and methodological advances. If forms of mobility have slowed in the West, then we might be entering an age of rigid stratification with defined boundaries between the always-haves and the never-haves-which does not augur well for social stability. Social mobility research is ongoing, with substantive findings in different disciplines--typically with researchers in isolation from each other. A key contribution of this book is the pulling together of the emerging streams of knowledge. Generating policy-relevant knowledge is a principal concern. Three basic questions frame the study of diverse aspects of social mobility in the book. How to assess the extent of social mobility in a given development context when the datasets by conventional measurement techniques are unavailable? How to identify drivers and inhibitors of social mobility in particular developing country contexts? How to acquire the knowledge required to design interventions to raise social mobility, either by increasing upward mobility or by lowering downward mobility?
Publisher: Oxford University Press
ISBN: 0192896857
Category : Business & Economics
Languages : en
Pages : 506
Book Description
Social mobility is the hope of economic development and the mantra of a good society. There are disagreements about what constitutes social mobility, but there is broad agreement that people should have roughly equal chances of success regardless of their economic status at birth. Concerns about rising inequality have engendered a renewed interest in social mobility--especially in the developing world. However, efforts to construct the databases and meet the standards required for conventional analyses of social mobility are at a preliminary stage and need to be complemented by innovative, conceptual, and methodological advances. If forms of mobility have slowed in the West, then we might be entering an age of rigid stratification with defined boundaries between the always-haves and the never-haves-which does not augur well for social stability. Social mobility research is ongoing, with substantive findings in different disciplines--typically with researchers in isolation from each other. A key contribution of this book is the pulling together of the emerging streams of knowledge. Generating policy-relevant knowledge is a principal concern. Three basic questions frame the study of diverse aspects of social mobility in the book. How to assess the extent of social mobility in a given development context when the datasets by conventional measurement techniques are unavailable? How to identify drivers and inhibitors of social mobility in particular developing country contexts? How to acquire the knowledge required to design interventions to raise social mobility, either by increasing upward mobility or by lowering downward mobility?
Generational Income Mobility in North America and Europe
Author: Miles Corak
Publisher: Cambridge University Press
ISBN: 9781139455763
Category : Business & Economics
Languages : en
Pages : 348
Book Description
Labour markets in North America and Europe have changed tremendously in the face of increased globalisation and technical progress, raising important challenges for policy makers concerned with equality of opportunity. This book examines the influence of both changes in income inequality and of social policies on the degree to which economic advantage is passed on between parents and children in the rich countries. Standard theoretical models of generational dynamics are extended to examine generational income and earnings mobility over time and across space. Over twenty contributors from North America and Europe offer comparable estimates of the degree of mobility, changes in mobility, and the impact of government policy. In so doing, they strengthen the analytical tool kit used in the study of generational mobility, and offer insights for research and directions in dealing with equality of opportunity and child poverty.
Publisher: Cambridge University Press
ISBN: 9781139455763
Category : Business & Economics
Languages : en
Pages : 348
Book Description
Labour markets in North America and Europe have changed tremendously in the face of increased globalisation and technical progress, raising important challenges for policy makers concerned with equality of opportunity. This book examines the influence of both changes in income inequality and of social policies on the degree to which economic advantage is passed on between parents and children in the rich countries. Standard theoretical models of generational dynamics are extended to examine generational income and earnings mobility over time and across space. Over twenty contributors from North America and Europe offer comparable estimates of the degree of mobility, changes in mobility, and the impact of government policy. In so doing, they strengthen the analytical tool kit used in the study of generational mobility, and offer insights for research and directions in dealing with equality of opportunity and child poverty.
Ibss: Economics: 2001
Author: Compiled by the British Library of Political and Economic Science
Publisher: Psychology Press
ISBN: 9780415284011
Category : Economics
Languages : en
Pages : 708
Book Description
IBSS is the essential tool for librarians, university departments, research institutions and any public or private institution whose work requires access to up-to-date and comprehensive knowledge of the social sciences.
Publisher: Psychology Press
ISBN: 9780415284011
Category : Economics
Languages : en
Pages : 708
Book Description
IBSS is the essential tool for librarians, university departments, research institutions and any public or private institution whose work requires access to up-to-date and comprehensive knowledge of the social sciences.
The Oxford Handbook of the Social Science of Poverty
Author: David Brady
Publisher: Oxford University Press
ISBN: 0199914052
Category : Political Science
Languages : en
Pages : 937
Book Description
The Oxford Handbook of the Social Science of Poverty builds a common scholarly ground in the study of poverty by bringing together an international, inter-disciplinary group of scholars to provide their perspectives on the issue. Contributors engage in discussions about the leading theories and conceptual debates regarding poverty, the most salient topics in poverty research, and the far-reaching consequences of poverty on the individual and societal level.
Publisher: Oxford University Press
ISBN: 0199914052
Category : Political Science
Languages : en
Pages : 937
Book Description
The Oxford Handbook of the Social Science of Poverty builds a common scholarly ground in the study of poverty by bringing together an international, inter-disciplinary group of scholars to provide their perspectives on the issue. Contributors engage in discussions about the leading theories and conceptual debates regarding poverty, the most salient topics in poverty research, and the far-reaching consequences of poverty on the individual and societal level.
Working Paper Series
Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 554
Book Description
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 554
Book Description
What's Luck Got to Do with It?
Author: Edward D. Kleinbard
Publisher: Oxford University Press, USA
ISBN: 0190943572
Category : Business & Economics
Languages : en
Pages : 321
Book Description
In What's Luck Got To Do With It? renowned law professor Edward D. Kleinbard argues that government's proper role is addressing the unfairness and injustice of brute luck. Considering government expenditure as social insurance, Kleinbard demonstrates how the path to greater economic growth, and a more equal sharing of that growth, lies in stronger government spending policies.
Publisher: Oxford University Press, USA
ISBN: 0190943572
Category : Business & Economics
Languages : en
Pages : 321
Book Description
In What's Luck Got To Do With It? renowned law professor Edward D. Kleinbard argues that government's proper role is addressing the unfairness and injustice of brute luck. Considering government expenditure as social insurance, Kleinbard demonstrates how the path to greater economic growth, and a more equal sharing of that growth, lies in stronger government spending policies.