Found 18 article(s) for author 'Income Inequality'

Inequality in the Very Long Run: Malthus, Kuznets, and Ohlin

Inequality in the Very Long Run: Malthus, Kuznets, and Ohlin. Jeffrey Williamson, November 12, 2016, Paper, “What happened to the inequality of real income and wealth before, during, and after the Industrial Revolution? Just as the usual Industrial Revolution era (1750-1850) has been revised by historians of economic growth, so too the articles in this issue follow the lead of Van Zanden (1995) in opening up a new inequality history for earlier eras and other continents. Three of them offer new evidence on European wealth and income inequality movements in pre-industrial and industrial epochs. The fourth offers a new perspective on Latin American experience since the late nineteenth century, reporting a twentieth-century experience quite unlike the Great Leveling that Kuznets and others saw in Europe and the USA from World War 1 to the 1970s.Link

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Invisible Inequality Leads to Punishing the Poor and Rewarding the Rich

Invisible Inequality Leads to Punishing the Poor and Rewarding the Rich. Michael I. Norton, November 10, 2016, Paper, “How does lack of awareness of income inequality affect behaviour towards the rich and poor? To address this question, we assigned participants either at random or based on merit to one of five income levels (reflective of the U.S. income distribution), who then played a repeated public goods game with punishment, reward or both. When participants did not know the income distribution, they punished the poor and rewarded the rich.Link

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Adjustment and Income Distribution Impacts on the TPP

Adjustment and Income Distribution Impacts on the TPP. Robert Lawrence, April 2016, Book Chapter. “Like all free trade agreements, the Trans-Pacifi c Partnership (TPP) will yield gains to the economy in general but force difficult adjustments on some workers and businesses. Peter A. Petri and Michael G. Plummer (2016) find that the agreement will benefi t the United States as a whole, raise real wages of both skilled and unskilled workers, and increase the real return to capital. It will, however, hurt some workers. In particular, some workers will be displaced by imports and lose income from being unemployed or earning less in their new jobs.Link

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Growth, Trade, and Inequality

Growth, Trade, and Inequality. Elhanan Helpman, May 4, 2014, Paper. “We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Individuals who differ in ability sort into either a research sector or a manufacturing sector that produces differentiated goods…” May require purchase or user account. Link

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The Past, Present, and Future of Economic Growth

The Past, Present, and Future of Economic Growth. Dani Rodrik, Paper, June 2013. “Developing countries will face stronger headwinds in the decades ahead, both because the global economy is likely to be significantly less buoyant than in recent decades and because technological changes are rendering manufacturing more capital and skill intensive. Desirable policies will continue to share features that have served successful countries well in the past, but growth strategies will differ in their emphasis. Ultimately, growth will depend primarily on what happens at home. The challenge is therefore to design an architecture…” Link

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The Past, Present, and Future of Economic Growth

The Past, Present, and Future of Economic Growth. Dani Rodrik, June 2013, Paper. “Developing countries will face stronger headwinds in the decades ahead, both because the global economy is likely to be significantly less buoyant than in recent decades and because technological changes are rendering manufacturing more capital and skill intensive. Desirable policies will continue to share features that have served successful countries well in the past, but growth strategies will differ in their emphasis. Ultimately, growth will depend primarily on what happens at home…” Link

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