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Full-Text Articles in Income Distribution
Income Inequality In America: Conclusions From 100 Years Of Income Tax Data And Cross-Country Comparisons, Noriel Campos
Income Inequality In America: Conclusions From 100 Years Of Income Tax Data And Cross-Country Comparisons, Noriel Campos
Master's Theses
In 1913, taxation of income was permanently introduced in the United States. Other similarly developed countries soon followed suit. From there, income inequality in the United States dropped significantly, and the decline in Europe was even more dramatic. First, this paper considers the changes over time of the share of national income gained by the top 1% of income earners in seven countries going back to World War Two. A second analysis considers the impact that tax policy may have had on the share of income accruing to the top 1% of U.S. income earners between 1980 and 2014, a …
Evaluating Stolper-Samuelson: Trade Liberalization & Wage Inequality In India, Anthony M. Michael
Evaluating Stolper-Samuelson: Trade Liberalization & Wage Inequality In India, Anthony M. Michael
Master's Theses
This paper tests the predictions of the Stolper-Samuelson Theorem in India after it underwent major trade reform in 1991. Using industry level tariff data, the paper empirically examines trade liberalization’s effect on the wages of high-skilled labor relative to low skilled labor within firms. The study finds empirical evidence to support growing wage differentials within firms, which contradict the predictions of the Stolper-Samuelson Theorem. Additionally, when controlling for firm size and the effects of the global financial crisis, these results remain robust. Finally, the paper explores training and welfare and R&D’s effect on the wage differentials within firms, finding a …