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The dynamics of personal income distribution and inequality in the United States
Kitov, Ivan; Kitov, Oleg - Volkswirtschaftliche Fakultät, … - 2013
We model the evolution of age-dependent personal income distribution and inequality as expressed by the Gini ratio. In … our framework, inequality is an emergent property of a theoretical model we develop for the dynamics of individual incomes … predict the dynamics of personal incomes for every single person in the working-age population in the USA between 1930 and …
Persistent link: https://www.econbiz.de/10011259180
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The Lisbon process, re-visited. A reality check of the European social model.
Tausch, Arno - Volkswirtschaftliche Fakultät, … - 2006
inequality. Established economics teaches us that for economic gaps to be bridged, a process of convergence sets in that was … of further regional income concentration and inequality, thus blocking the hopes of the poorer segments of the East …
Persistent link: https://www.econbiz.de/10005836321
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Growth is (really) good for the (really) rich
Campos-Vazquez, Raymundo M.; Chavez, Emmanuel; … - Volkswirtschaftliche Fakultät, … - 2013
This paper analyzes the relationship between mean income and the income of the rich. Our methodology closely follows that of Dollar and Kraay (2002), but instead of looking at the bottom of the distribution, we analyze the top. We use panel data from the World Top Incomes database, which...
Persistent link: https://www.econbiz.de/10011257836
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Social Welfare Analysis of Income Distributions: Ranking Income Distributions with Generalised Lorenz Curves
Bellù, Lorenzo Giovanni; Liberati, Paolo - Volkswirtschaftliche Fakultät, … - 2005
This module illustrates how Generalised Lorenz (GL) Curves can be used to identify the best income distribution on social welfare grounds, within a set of alternative income distributions generated by different policy options, in many of the cases where ordinary Lorenz curves fail to work After...
Persistent link: https://www.econbiz.de/10011257958
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How To Win Acceptance Of The Inequality Process As Economics?
Angle, John - Volkswirtschaftliche Fakultät, … - 2013
The Inequality Process (IP) is a particle system model similar to that of the Kinetic Theory of Gases. The IP is a …
Persistent link: https://www.econbiz.de/10011259327
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Redefining the Economical Power of Nations
Kiss, Christian - Volkswirtschaftliche Fakultät, … - 2013
This paper is (over the formulas) self explaining . The measurement of economies no longer by GDP alone, but by an Index that includes other important factors as well, a So-cial factors relativized GDP. This index cuts out the part of the GDP that is long term fro-zen up by social transfers...
Persistent link: https://www.econbiz.de/10011259539
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The Relationship between the Equivalence Scale and the Inequality Index and Its Impact on the Measurement of Income Inequality
Okamoto, Masato - Volkswirtschaftliche Fakultät, … - 2012
The paper discusses the ∪-shaped relationship between the equivalence scale n^ε and the Gini index instead of considering the equivalence scale’s relationship to the generalised entropy measures, which was studied by Coulter, et al. (1992). An end-point condition is given for the ∪-shaped...
Persistent link: https://www.econbiz.de/10011259680
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Consumption and Income Inequality During the Transition to a Market Economy: Poland, 1985–1992
Keane, Michael; Prasad, Eswar - Volkswirtschaftliche Fakultät, … - 2001
This paper challenges the conventional wisdom that income and consumption inequality in Poland increased substantially … income inequality increased in 1989 but subsequently declined to pretransition levels. The distribution of consumption … income inequality during the transition. However, the relative well-being of different socioeconomic groups was altered and …
Persistent link: https://www.econbiz.de/10011259807
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Charting Income Inequality: The Lorenz Curve
Bellù, Lorenzo G.; Liberati, Paolo - Volkswirtschaftliche Fakultät, … - 2005
This paper explains how to build Lorenz Curves for income distributions and discusses their use for inequality … and draw Lorenz Curves. A discussion on the use of Lorenz Curves to represent inequality is also provided. It highlights …
Persistent link: https://www.econbiz.de/10008919738
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Inequality and happiness: When perceived social mobility and economic reality do not match
Bjornskov, Christian; Dreher, Axel; Fischer, Justina AV; … - Volkswirtschaftliche Fakultät, … - 2010
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10008683292