Growing Income Inequalities: Economic Analyses by J. Hellier, N. Chusseau

By J. Hellier, N. Chusseau

This publication explores the widening hole among the salary packets of expert and unskilled staff that has develop into a urgent factor for all states within the globalized international economic climate. evaluating the reviews of extra and no more constructed economies, chapters examine the underlying motives and key social adjustments that accompany source of revenue inequality.

Show description

Read or Download Growing Income Inequalities: Economic Analyses PDF

Best urban & regional books

New Directions in Economic Geography (New Horizons in Regional Science)

This significant publication explores unique and substitute instructions for fiscal geography following the revolution induced by way of the appearance of so-called 'new monetary geography' (NEG). while, to a point, the amount will be considered as a part of the inevitable inventive destruction of NEG idea, it does advertise the ongoing function of theoretical and empirical contributions inside spatial monetary research, within which the reason of clinical research and financial common sense preserve a critical position.

Applied Urban Economics, 1st Edition

This quantity is a follow-up to the sooner city Economics, quantity 2 of guide of nearby and concrete Economics, edited via Edwin generators. the sooner quantity, released in 1987, focussed on city monetary concept. This new guide, against this, makes a speciality of utilized city study. the variation is naturally in emphasis.

Hard Choices: Challenging the Singapore Consensus

Singapore is altering. The consensus that the PAP govt has built and maintained over 5 a long time is fraying. The assumptions that underpin Singaporean exceptionalism aren't any longer authorized as simply and without problems as earlier than. between those are the guidelines that the rustic is uniquely weak, that this vulnerability limits its coverage and political concepts, that sturdy governance calls for a level of political consensus that standard democratic preparations can't produce, and that the country’s good fortune calls for a aggressive meritocracy followed by means of particularly little source of revenue or wealth redistribution.

Airline Economics: An Empirical Analysis of Market Structure and Competition in the US Airline Industry

This publication provides an unique empirical research of the marketplace constitution of airline urban pair markets, laying off new gentle at the workings of aggressive tactics among businesses. interpreting a cross-section folks airline urban pairs, Tabacco proposes for the 1st time that the should be understood as a common oligopoly, every one airline industry being ruled by way of one to 3 airline companies despite marketplace measurement.

Additional info for Growing Income Inequalities: Economic Analyses

Sample text

509 .. 524 .. 439 .. 3 The demand–supply–institution framework A supply-demand-institution framework (Freeman and Katz, 1994; Katz and Autor, 1999; Acemoglu, 1998, 2005; see also Introduction) is used to explain increasing wage and unemployment inequalities between skilled and unskilled workers. This approach considers a heterogeneous labour market with two types of labour – skilled and unskilled – within a neoclassical framework. e. a higher skill premium) may emanate from several factors modifying the relative demand or supply of skilled labour.

Let us firstly suppose an increase in the relative supply of skill that shifts from S1 to S2 . This corresponds to the skill upgrading observed in both the US 24 Nathalie Chusseau and Michel Dumont and Europe in the sixties and seventies. , less inequality. Suppose now an increase in demand that shifts from D1 up to D2 due to skill-biased technological change and/or North–South openness. Then, the equilibrium skill premium moves up to ωˆ 3 . If labour markets are competitive in the US, this induces full employment with a large increase in the skill premium and inequality, that shifts from ωˆ 2 to ωˆ 3 .

Brenton (1999b) ‘Outsourcing and Low-skilled Workers in the UK’, Bulletin of Economic Research 51(4), 267–85. , Fitzenberger, B. and U. ’, Journal of Economics and Statistics (Jahrbücher für Nationalökonomie und Statistik), 229(2 + 3), 214–38. Antonelli, C. and F. Quatraro (2010) ‘The Effects of Biased Technological Change on Total Factor Productivity: Empirical Evidence from a Sample of OECD Countries’, The Journal of Technology Transfer, 35(4), 361–83. Antonietti, R. and D. Antonioli (2011) ‘The Impact of Production Offshoring on the Skill Composition of Manufacturing Firms: Evidence from Italy’, International Review of Applied Economics, 25(1), 87–105.

Download PDF sample

Rated 4.10 of 5 – based on 50 votes