Income Distribution: Facts, Theories, Policies
Author | : Jan Pen |
Publisher | : New York : Praeger |
Total Pages | : 432 |
Release | : 1971 |
Genre | : Income |
ISBN | : |
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Author | : Jan Pen |
Publisher | : New York : Praeger |
Total Pages | : 432 |
Release | : 1971 |
Genre | : Income |
ISBN | : |
Author | : Ms.Era Dabla-Norris |
Publisher | : International Monetary Fund |
Total Pages | : 39 |
Release | : 2015-06-15 |
Genre | : Business & Economics |
ISBN | : 1513547437 |
This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.
Author | : Anthony B. Atkinson |
Publisher | : Elsevier |
Total Pages | : 2366 |
Release | : 2014-12-30 |
Genre | : Social Science |
ISBN | : 0444594760 |
What new theories, evidence, explanations, and policies have shaped our studies of income distribution in the 21st century? Editors Tony Atkinson and Francois Bourguignon assemble the expertise of leading authorities in this survey of substantive issues. In two volumes they address subjects that were not covered in Volume 1 (2000), such as education, health and experimental economics; and subjects that were covered but where there have been substantial new developments, such as the historical study of income inequality and globalization. Some chapters discuss future growth areas, such as inheritance, the links between inequality and macro-economics and finance, and the distributional implications of climate change. They also update empirical advances and major changes in the policy environment. The volumes define and organize key areas of income distribution studies Contributors focus on identifying newly developing questions and opportunities for future research The authoritative articles emphasize the ways that income mobility and inequality studies have recently gained greater political significance
Author | : Athanasios Asimakopulos |
Publisher | : Springer Science & Business Media |
Total Pages | : 258 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 9400926618 |
This book brings together the work of scholars who have written for it independent essays in their areas of particular expertise in the general field of income distribution. The first eight chapters provide a review of the major theories of income distribution, while the final two are con cerned with problems of empirical estimates and inferences. One of these chapters presents estimates of factor shares in national income in the United States, the United Kingdom and Canada, while the other ex amines how relationships between the size distribution of income and economic development are being investigated. A convenient way of conveying an understanding of how economic theorists have dealt with the distribution of income is to examine separ ately each major approach to this subject. Each contributor was thus assigned a particular approach, or a major theorist. No attempt was made to avoid the apparent duplication that occurs when the same references are examined by different contributors. The reader gains by seeing how the same material can be treated by those looking at it from different perspectives. A chapter each has been devoted to Marx and Marshall.
Author | : Nanak Kakwani |
Publisher | : New York : Published for the World Bank [by] Oxford University Press |
Total Pages | : 438 |
Release | : 1980 |
Genre | : Business & Economics |
ISBN | : |
In a closed economy, income is created in production with the aid of factors such as land, labor, capital, and entrepreneurship. Production takes place within different firms and government organizations, and, at the same time, income is created and distributed to income units. From this process, a pattern of distribution emerges that has been found to be stable over time and space. This feature of income distribution has provoked a number of alternative theories explaining the generation of income. The present study focuses on the following issues: (a) income distribution functions, (b) measurement of the degree of income inequality, (c) government policies affecting personal distribution of income, and (d) measurement of poverty.
Author | : Arne Bigsten |
Publisher | : Heinemann Educational Publishers |
Total Pages | : 212 |
Release | : 1983 |
Genre | : Business & Economics |
ISBN | : |
Author | : Jan Tinbergen |
Publisher | : |
Total Pages | : 188 |
Release | : 1975 |
Genre | : Education |
ISBN | : |
Monograph synthetising various studies of income distribution analysis and policies - discusses problems relating to reduction of income inequality in developed countries, and presents a new quantitative supply and demand economic theory of distribution using a generalized cobb-douglas production function. Bibliography pp. 159 to 163 and statistical tables.
Author | : Carlos Góes |
Publisher | : International Monetary Fund |
Total Pages | : 27 |
Release | : 2016-08-19 |
Genre | : Business & Economics |
ISBN | : 1475527691 |
Thomas Piketty's Capital in the Twenty-First Century puts forth a logically consistent explanation for changes in income and wealth inequality patterns. However, while rich in data, the book provides no formal empirical testing for its theoretical causal chain. In this paper, I build a set of Panel SVAR models to check if inequality and capital share in the national income move up as the r-g gap grows. Using a sample of 19 advanced economies spanning over 30 years, I find no empirical evidence that dynamics move in the way Piketty suggests. Results are robust to several alternative estimates of r-g.
Author | : K. R. Ranadive |
Publisher | : Bombay : Oxford University Press |
Total Pages | : 376 |
Release | : 1978 |
Genre | : Business & Economics |
ISBN | : |
Monograph on the economics of income distribution, with particular reference to economic theory - discusses various theories (smith, ricardian, marxian, neo-classical, keynesian) in relation to cyclical behaviour of production functions, investment output ratios, saving trends, market structure and degree of monopoly, etc. Graphs and references.