Three Essays On Income And Wealth Inequality
DOWNLOAD
Download Three Essays On Income And Wealth Inequality PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Three Essays On Income And Wealth Inequality book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Three Essays On Income And Wealth Inequality
DOWNLOAD
Author : Damir Cosic
language : en
Publisher:
Release Date : 2015
Three Essays On Income And Wealth Inequality written by Damir Cosic and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
Three Essays On Wealth And Income Inequality
DOWNLOAD
Author : Aaron Cooke
language : en
Publisher:
Release Date : 2018
Three Essays On Wealth And Income Inequality written by Aaron Cooke and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with Electronic dissertations categories.
In two linked papers I show the importance of fertility to the wealth distribution and how fertility interacts with intergenerational transfer taxation. In a third paper I empirically explore the impact of recession on occupational sorting, using public school teachers as a relatively acyclical comparison occupation.
Three Essays On Income Inequality
DOWNLOAD
Author : Gulgun Bayaz Ozturk
language : en
Publisher:
Release Date : 2010
Three Essays On Income Inequality written by Gulgun Bayaz Ozturk and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with categories.
Three Essays On Wealth Inequality
DOWNLOAD
Author : Xing Miao (Ph. D. in economics)
language : en
Publisher:
Release Date : 2020
Three Essays On Wealth Inequality written by Xing Miao (Ph. D. in economics) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with Liquidity (Economics) categories.
Wealth inequality has always been part of American life, but not until recently has it risen to a level not seen since the Great Depression. In this dissertation, I present three essays in which the wealth gap issue is investigated in depth from three different perspectives.
Three Essays On Household Saving And Wealth
DOWNLOAD
Author : Kyeongwon Yoo
language : en
Publisher:
Release Date : 2003
Three Essays On Household Saving And Wealth written by Kyeongwon Yoo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Households categories.
Three Essays On Wealth And Racial Inequality
DOWNLOAD
Author : Stephan Lefebvre
language : en
Publisher:
Release Date : 2020
Three Essays On Wealth And Racial Inequality written by Stephan Lefebvre and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with Race discrimination categories.
Racial inequality and wealth are inextricably linked. Wealth gaps are an important dimension of racial inequality. In addition, wealth itself plays a causal role in other dimensions of inequality, including unequal labor market and education outcomes. In the first essay, I estimate the effect of access to extended family wealth on college enrollment and I find a positive relationship. This is important for higher education policies that aim to reduce inequality but fail to account for race and wealth. In the second essay, I estimate the effect of Medicaid on individual assets. Whereas economic theory in the literature predicts a negative effect, I develop a framework that shows how public insurance can increase savings and I present empirical evidence against a negative effect. Finally, the third essay develops an analytical framework called Latinx stratification economics by reviewing the main economic theories applied to Latinxs and demonstrating how stratification economics and Latinx studies may be used to critique the dominant theories.
Three Essays On The Social Context Of Wealth Accumulation And Racial Wealth Inequality In The U S
DOWNLOAD
Author : Johan Andres Uribe
language : en
Publisher:
Release Date : 2016
Three Essays On The Social Context Of Wealth Accumulation And Racial Wealth Inequality In The U S written by Johan Andres Uribe and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Three Essays In Applied Regional Welfare Analysis
DOWNLOAD
Author : Gunawan Wicaksono
language : en
Publisher:
Release Date : 2013
Three Essays In Applied Regional Welfare Analysis written by Gunawan Wicaksono and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
The first essay (Chapter 1) explores the importance of spatial interactions in an overlapping generation model using an Agent-Based Model (ABM) approach. Incorporating geography into the original Galor-Zeira's model (1993) and allowing heterogeneous agents to interact locally, we show that social interactions play an important role in determining the long-run welfare and wealth distribution. This model shows the impact of endogenous wages and local interactions on agents' decision to invest in human capital. Our simulation reveals that neighborhood interactions lead to changes in the system's steady-state behaviors. In particular different strength of agents' interaction produces different outcomes in terms of the number of educated people and wealth inequality. This might explain persistent inequality in agents' wealth across locations. Policy implications are discussed. The second essay (Chapter 2) introduces the time elements of structural path analysis (SPA). Structural path analysis, which was first introduced by Defourny and Thorbecke (1984), broke down the global multipliers of the social accounting matrix (SAM) into direct influence and total influence. The introduction of time elements into SPA has enabled policymakers to estimate the range of time required for a shock to travel from its origin to its destination. Using the 2008 Indonesian SAM with a focus on the agricultural and manufacturing sectors, this study successfully introduces time into the SPA framework and estimates the possible time range within which a shock from the agricultural and manufacturing sectors will impact different households. The third essay (Chapter 3) explores impacts of monetary policy on the welfare of people in different income groups in Indonesia with a dynamic demand system. In the model, income groups adjust their expenditures shares in response to changes in commodity prices and aggregate expenditure levels. These adjustments are taken to be functions of the rate of change in the flow of financial services, which is affected by the rate of growth of the money supply (M2). Results of model estimation and deterministic numerical simulations conducted with the estimated model suggest that the welfare of the low-income group is affected more by monetary policy than is the welfare of the high-income group.
Income Inequality Government Welfare Effort And Subjective Well Being
DOWNLOAD
Author : Talajeh Livani
language : en
Publisher:
Release Date : 2017
Income Inequality Government Welfare Effort And Subjective Well Being written by Talajeh Livani and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
Essays On The Determinants Of Income And Wealth Inequality In The United States
DOWNLOAD
Author : Shin Chang
language : en
Publisher:
Release Date : 2018
Essays On The Determinants Of Income And Wealth Inequality In The United States written by Shin Chang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
This study investigates the relevant factors that drive income and wealth inequality in the United States with the aim of facilitating a better understanding of the dynamic relationships between inequality and key macroeconomic variables. This can serve as a prerequisite to the ability of policymakers to restrain the negative externalities associated with increasing inequality and implement measures to reduce the unexpected effects. The thesis consists of five independent papers corresponding to five chapters. As economic growth is a primary goal of every country and widely accepted tool for reducing economic inequality, our study starts with economic growth. The first paper examines the relationship between the U.S. per capita real GDP and income inequality over the period 1917 to 2012. The literature uncovers a complex set of interactions, which depends on the specific research method and sample, between inequality and economic growth and highlights the difficulty of capturing a definitive causal relationship. Inequality either promotes, retards, or does not affect growth. Most existing studies that examine the inequality-growth nexus exclusively utilize time-domain methods. We use wavelet analysis which allows the simultaneous examination of correlation and causality between the two series in both the time and frequency domains. We find robust evidence of positive correlation between the growth and inequality across frequencies. Yet, directions of causality vary across frequencies and evolve with time. In the time-domain, the time-varying nature of long-run causalities implies structural changes in the two series. These findings provide a more thorough picture of the relationship between the U.S. per capita real GDP and inequality measures over time and frequency, suggesting important implications for policy makers. Inflation targeting is a monetary policy where the central bank sets a specific inflation rate as its goal. The federal government spurs economic growth by adding liquidity, credit, and jobs to the economy and inflation stimulate the demand needed to drive economic growth. The second paper investigates the effects of the inflation rate on income inequality to see whether monetary policy and the resulting inflation rate can affect income inequality and improve the well-being of individuals. Our analysis relies on a cross-state panel for the United States over the 1976 to 2007 period to assess the relationship between income inequality and the inflation rate, employing a semiparametric instrument variable (IV) estimator. By using cross-state panel data, we minimize the problems associated with data comparability often encountered in cross-country studies related to income inequality. We find that the relationship depends on the level of the inflation rate. A positive relationship occurs only if the states exceed a threshold level of the inflation rate. Below this value, inflation rate lowers income inequality. The results suggest that a nonlinear relationship exists between income inequality and the inflation rate. The researchers also examine the relationship between income inequality and growth in personal income, since personal income exerts a large effect on consumer consumption, and since consumer spending drives much of the economy. The third paper investigates the causal relationship between personal income and income inequality in a panel data of 48 states for the period of 1929-2012. Although inequality rose almost everywhere between 1980 to present, some states and regions experienced substantially greater increases in inequality than did others. The decentralization allows different state level of policies, however, there is also a cross-state consistency in how those policies respond to the main economic shocks. Since U.S. states are subject to significant spatial effects given their high level of integration, ignoring cross-sectional dependency may lead to substantial bias and size distortions. We employ a causality methodology proposed by Emirmahmutoglu and Kose (2011), as it takes into account possible slope heterogeneity and cross-sectional dependency in a multivariate panel. Evidence of bi-directional causal relationship exists for several inequality measures -- the Atkinson Index, Gini Coefficient, the Relative Mean Deviation, TheiliÌ8℗¿℗ưs entropy Index and Top 10% -- but no evidence of the causal relationship for the Top 1 % measure. Also, this paper finds state-specific causal relationships between personal income and inequality. The level of development of the United States is related to the sophistication of the financial structure which influences the ability to hedge against shocks and to loosen spending constraints. It leads us to investigate if the financial development affects income inequality in the U.S. In the fourth paper, we look into the role of financial development on U.S. state-level income inequality in a panel data of 50 states from 1976 to 2011. To our knowledge, this paper is the first regarding examining the role of financial development on U.S. state-level inequality. We analyze the data using Fixed Effect and Dynamic Fixed Effect regression. We also divide 50 states into two groups-states, with higher inequality measure and states with lower inequality measures than average of the cross-state average of the inequality, to examine the possible nonlinear impact of financial development on income inequality. We find robust results whereby financial development linearly increases income inequality for the 50 states. When we divide 50 states into two separate groups of higher and lower inequality states than the cross-state average inequality, the effect of financial development on income inequality appears non-linear. When financial development improves, the effect increases at an increasing rate for high income inequality states, whereas an inverted U-shaped relationship exists for low-income inequality states.