Income Distribution Growth And Unemployment

Author : Ferri, Piero
Publisher : Edward Elgar Publishing
Page : 264 pages
File Size : 44,9 Mb
Release : 2022-03-15
Category : Business & Economics
ISBN : 9781802206012

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Income Distribution, Growth and Unemployment by Ferri, Piero Pdf

Piero Ferri expertly broadens the analysis of the canonical growth cycle approach by presenting a Minsky–Harrod model, examining how the relationship between income distribution, growth and unemployment becomes increasingly complex. Exploring this new technique to generate a process of growth, based not only on history but disequilibrium, he investigates the current income distribution debate further and the challenges it faces.

Author : Mr.Patrick Van Houdt
Publisher : International Monetary Fund
Page : 27 pages
File Size : 45,7 Mb
Release : 1997-01-01
Category : Business & Economics
ISBN : 9781451841862

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Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence by Mr.Patrick Van Houdt Pdf

Income distribution may be related to fundamentals affecting economic growth and to labor market policies. Noting that inequality is affected by unemployment. This paper presents a model in which labor market policies affect unemployment which in turn affects inequality. The model also includes the effects of changes in per capita income on inequality through the accumulation of physical capital and technological know–how. When a resulting reduced–form relationship is estimated, its explanatory power is surprisingly high: on average, it explains about three quarters of the variation in inequality measures for the OECD countries, and Granger Causality tests confirm the model’s predictions.

Author : Hideyuki Adachi,Kazuyuki Inagaki,Tamotsu Nakamura,Yasuyuki Osumi
Publisher : Springer
Page : 90 pages
File Size : 47,6 Mb
Release : 2019-01-04
Category : Business & Economics
ISBN : 9789811337260

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Technological Progress, Income Distribution, and Unemployment by Hideyuki Adachi,Kazuyuki Inagaki,Tamotsu Nakamura,Yasuyuki Osumi Pdf

This volume develops original methods of analyzing biased technological progress in the theory and empirics of economic growth and income distribution. Motivated by sharp increases in wage and income inequalities in the world since the beginning of the new century, many macroeconomists have begun to realize the importance of biased technological changes. However, the comprehensive explanations have not yet appeared. This volume analyzes the effects of factor-biased technological progress on growth and income distribution and shows that long-run trends of the capital-income ratio and capital share of income consistent with Piketty’s 2014 empirical results emerge. Incorporating the modified version of induced innovation theory into the standard neoclassical growth model, it also explains the long-run fluctuations of growth and income distribution consistent with the data shown in Piketty. Introducing a wage-setting function, the neoclassical growth model is modified to account for unemployment as well as to examine the dynamics of unemployment and the labor share of income under biased technological progress. Applying a new econometric method to Japanese industrial data, the authors test the key assumptions employed and important results derived in the theoretical part of this book.

Author : James L. McCabe,Milind Madhukar Lele
Publisher : Unknown
Page : 28 pages
File Size : 45,9 Mb
Release : 1972
Category : Employment (Economic theory)
ISBN : OCLC:16733557

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Income Distribution and Optimal Growth by James L. McCabe,Milind Madhukar Lele Pdf

Author : E. Hein,A. Heise,A. Truger
Publisher : Springer
Page : 275 pages
File Size : 42,5 Mb
Release : 2006-02-07
Category : Business & Economics
ISBN : 9780230371781

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Wages, Employment, Distribution and Growth by E. Hein,A. Heise,A. Truger Pdf

This volume challenges the view that unemployment is exclusively determined by structural characteristics of the labour market and the social benefit system. Macroeconomic policies and investment in capital stock are included in the analysis and are shown to have a major role to play.

Author : Renato Balducci,Stefano Staffolani
Publisher : Unknown
Page : 296 pages
File Size : 51,8 Mb
Release : 2002
Category : Business & Economics
ISBN : IND:30000085279200

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Income Distribution Growth and Employment by Renato Balducci,Stefano Staffolani Pdf

Author : V. Borooah
Publisher : Springer
Page : 190 pages
File Size : 47,7 Mb
Release : 1996-08-09
Category : Business & Economics
ISBN : 9780230373006

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Growth, Unemployment, Distribution and Government by V. Borooah Pdf

The purpose of this book is to set out in a comprehensive, but succinct manner, the key points surrounding four economic issues that generate, today, much discussion and debate. These are the issues of growth, unemployment, distribution and government. It is aimed at an audience that is sufficiently interested in economic issues to read a book that sets out these issues clearly, comprehensively and above all, seriously. This has implications for both the style and the content of the book. Clarity requires that the arguments be presented coherently, without resort to jargon. Comprehensiveness requires a wide perspective embracing theoretical, empirical and policy matters. Lastly, seriousness requires that the most up-to-date thinking on economic matters is presented in digestible form, but without violence to the integrity of the original arguments. Achieving this trinity of objectives has been the primary aim of this book.

Author : J. Hellier,N. Chusseau
Publisher : Springer
Page : 347 pages
File Size : 44,9 Mb
Release : 2012-11-13
Category : Business & Economics
ISBN : 9781137283306

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Growing Income Inequalities by J. Hellier,N. Chusseau Pdf

This book explores the widening gap between the wage packets of skilled and unskilled workers that has become a pressing issue for all states in the globalized world economy. Comparing the experiences of more and less developed economies, chapters analyse the underlying causes and key social changes that accompany income inequality.

Author : Peter Gottschalk,Bjorn A. Gustafsson,Edward E. Palmer
Publisher : Cambridge University Press
Page : 416 pages
File Size : 41,7 Mb
Release : 1997-09-29
Category : Business & Economics
ISBN : 0521562627

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Changing Patterns in the Distribution of Economic Welfare by Peter Gottschalk,Bjorn A. Gustafsson,Edward E. Palmer Pdf

This 1997 book examines the income distributional experience of fifteen developed economies - representing a wide range of social and economic strategies - over the past two decades. Experts from each of the countries have carefully documented the pattern of distributional change in individual earnings and household income in their countries and analysed the driving forces behind these changes. Separate chapters are devoted to the experiences of Australia, Canada, the Czech Republic, Finland, France, West and former East Germany, Greece, Hungary, Ireland, Israel, Japan, the Netherlands, Sweden, the United Kingdom and the United States. The authors examine the effects on the inequality of household income of the development of individual earnings, unemployment, inflation, public sector transfers and taxes, and demographic changes.

Author : Neri Salvadori,Renato Balducci
Publisher : Edward Elgar Publishing
Page : 344 pages
File Size : 49,5 Mb
Release : 2005-01-01
Category : Business & Economics
ISBN : 1845428161

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Innovation, Unemployment, and Policy in the Theories of Growth and Distribution by Neri Salvadori,Renato Balducci Pdf

This book will appeal to upper level students, scholars and researchers of economics and economic growth as well as those more specifically involved in labour, microeconomics and the history of economic thought.

Author : Frank Levy,Richard C. Michel
Publisher : The Urban Insitute
Page : 162 pages
File Size : 52,6 Mb
Release : 1991
Category : Business & Economics
ISBN : 0877664870

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The Economic Future of American Families by Frank Levy,Richard C. Michel Pdf

This book analyzes the way families fared in the turbulent economy of the 1970s and 1980s, and a guess about the way today's younger families will manage the next few decades. According to Levy and Michel, each generation of workers is on its own "income track." Initially incomes are heavily influenced by the size of the age group, but later average incomes are influenced by growth in overall business productivity, changes in unemployment rates, average education levels and, for workers who do not go to college, the availability of manufacturing jobs. The authors estimated these relationships for past generations, and project income growth for baby-boom males who entered the labor force in the mid-1970s. They offer familiar remedies to spur productivity growth: raising average skill levels, and increasing personal savings. ISBN 0-87766-486-2: $31.50.

Author : Ronald Hsia,Laurence Chau
Publisher : Routledge
Page : 204 pages
File Size : 42,9 Mb
Release : 2018-12-14
Category : Business & Economics
ISBN : 9780429657368

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Industrialisation, Employment and Income Distribution by Ronald Hsia,Laurence Chau Pdf

First published in 1978. In spite of the wide recognition of Hong Kong’s successful growth record, little is known about the impact that rapid industrialisation has had on income distribution. The transformation of an entrepôt economy into an industrial one has been accompanied by a transition from a labour surplus to a labour shortage economy, which has had a profound influence on the distribution of income by size. The effect has been channelled through a number of variables such as the composition of employment by industry, occupational structure, labour force participation rate and wage structure. All these changes have, moreover, owed much to the existence of a market mechanism which has been virtually free from government intervention. Beginning with a comprehensive evaluation of the effects of the various characteristics of employment and the labour force on household income distribution, this study assesses the impact of Hong Kong’s industrialisation and employment growth on its income distribution. Through an analysis of the changes in industrial and occupational structures, employment status, household size, labour participation rate, inflow of labour and wage and employment structures, it considers not only how income distribution alters with economic development, but also the mechanism that has brought about these changes. The redistribution effect of government activities is examined and the incidence of particular taxes to different income groups is apportioned to give a clear overall picture. Finally, the benefits obtained from government expenditures on housing, education and health are measured and are allocated to different income groups, illustrating how this has appreciably reduced income inequality in Hong Kong.

Author : Patrick Vanhoudt
Publisher : Unknown
Page : 26 pages
File Size : 44,8 Mb
Release : 2014
Category : Electronic
ISBN : OCLC:1290717640

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Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in OECD Countries? Some Empirical Evidence by Patrick Vanhoudt Pdf

Income distribution may be related to fundamentals affecting economic growth and to labor market policies. Noting that inequality is affected by unemployment. This paper presents a model in which labor market policies affect unemployment which in turn affects inequality. The model also includes the effects of changes in per capita income on inequality through the accumulation of physical capital and technological know-how. When a resulting reduced-form relationship is estimated, its explanatory power is surprisingly high: on average, it explains about three quarters of the variation in inequality measures for the OECD countries, and Granger Causality tests confirm the model`s predictions.

Author : Ms.Burcu Hacibedel,Pierre Mandon,Ms.Priscilla S Muthoora,Nathalie Pouokam
Publisher : International Monetary Fund
Page : 41 pages
File Size : 44,6 Mb
Release : 2019-01-22
Category : Business & Economics
ISBN : 9781484392911

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Inequality in Good and Bad Times: A Cross-Country Approach by Ms.Burcu Hacibedel,Pierre Mandon,Ms.Priscilla S Muthoora,Nathalie Pouokam Pdf

This paper provides evidence of a strong relationship between the short-term dynamics of growth and inequality in developing economies. We find that reductions in inequality during growth upswings are largely reversed during growth slowdowns. Using a new methodology (mediation analysis), we identify unemployment, and youth unemployment especially, as the main channel through which fluctuations in growth affect future dynamics in inequality. These findings suggest that both the quality of jobs created and labor market policies are important to ensure that growth outcomes are conducive to inequality reduction.

Author : Gary S. Fields
Publisher : Oxford University Press
Page : 464 pages
File Size : 49,5 Mb
Release : 2018-11-30
Category : Business & Economics
ISBN : 9780192550217

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Employment and Development by Gary S. Fields Pdf

Employment and Development brings together the contributions of 2014 IZA Prize in Labor Economics award winner Gary S. Fields to address global employment and poverty problems. Most of the poor in developing countries live in households in which people work, but still they are poor because the best available work pays so little. Employment and Development: How Work Can Lead From and Into Poverty questions how economic growth affects standards of living, how labor markets work in developing countries, and how different labor market policies affect well-being. Through a collection of essays, this book tackles major questions in development and labor economics. Who benefits from economic growth and who is hurt by economic decline? Why are distributional factors and labor market conditions improving in some countries but not in others? How do developing countries' labor markets work? How would labor market conditions change if different policies were to be put into effect? What are the welfare consequences of these changes? Through distributional analysis, Fields examines inequality, poverty, income mobility, and economic well-being, and through analysis of changing labor market conditions he examines employment and unemployment, employment composition, and labor earnings. By concentrating on the poor and understanding how the labor markets work for them and how their labor market earnings might be raised in response to different policy interventions, Fields addresses questions of first-order importance for human well-being.