Income Distribution Commons^™

Intergenerational Comparison Of Inequality And Standard Of Living, Jillian Cookinham

Honors Theses and Capstones

This paper encompasses how inequality and standard of living have changed intergenerationally. Existing research and a regression analysis examine how income, corporate profits, housing, education, retirement, and health insurance are interconnected in American inequality and standard of living. Data analyzed in the regression includes the period of 1990 to 2021. However, the literature review extends back to 1970. Findings from existing research and regression analysis are used to provide policy recommendations on how the federal government may improve inequality by addressing the housing shortage, revising the tax system, and encouraging automatic enrollment in retirement plans.

Essays On Inequality, Growth, And Economic Policy, Philipp E. Erfurth

Dissertations, Theses, and Capstone Projects

This dissertation consists of three chapters that study inequality and regional economics in a historical and development context.

The first chapter examines regional inequality among Habsburg regions from the 19th century to today’s EU by using Geographic Information Systems (GIS) software to recreate historical regions in present-day projections. The findings suggests that regional disparities are markedly higher today than in the 19th century, despite rapid convergence in the past two decades. The study thus provides evidence of retrospective determinism in the study of the Habsburg economy and suggests that, although regional EU policy has been successful over the past two …

The Leveling Spirit: Violence And Inequality In Postwar Iraq, Griffin Perrault

Honors Theses

The Iraq War (2003–2011) constitutes by some estimates one of the deadliest and most destructive conflicts of the 21st century (Hagopian et al., 2013). In addition to the disputed figures of excess violent civilian casualties––generally ranging from 180,000 to 210,000 deaths––the war has created one of the major refugee crises of modern times, with 1 in 25 Iraqis estimated to have been displaced from their homes by the 2003 invasion (Costs of War, 2021). While much of this violence has been wrought by American and Iraqi coalition troops, violence against civilians has also been perpetuated by insurgent groups and paramilitary …

Investigating The Impacts Of Monetary Policy On Income Inequality In Developed Nations: Case Study Of The Euro Area, Japan And The United States, Hector Martinez Garcia

Masters Theses

This paper tries to evaluate the effect that unconventional monetary policy has had on income inequality for the set of Eurozone countries, the United States and Japan using an unbalanced panel data model over the period from 1980 to 2021, first jointly and then individually, using different regressions for each case. Based on the regression model analyzed, the study attempts to analyze the relationship between money supply and income inequality as measured by the Gini index using fixed effects and random effects for our panel data model. The study reveals the importance of the money supply variable in reducing inequality …

Quantitative Easing And Inequality: Qe Impacts On Wealth And Income Distribution In The United States After The Great Recession, Emily Davis

Economics Theses

In response to Great Recession, the Federal Reserve implemented quantitative easing. Quantitative easing (QE) aided stabilization of the economy and reduction of the liquidity trap. This research evaluates the correlation between QE implementation and increased inequality through the recovery of the Great Recession. The paper begins with an evaluation of the literature focused on QE impacts on financial markets, wages, and debt. Then, the paper conducts an analysis of QE impacts on income, household wealth, corporations and the housing market. The analysis found that the changes in wealth distribution had a significant impact on increasing inequality. Changes in wages were …

Three Essays On International Economics And Finance, Juan Antonio Montecino

Doctoral Dissertations

This dissertation studies the macroeconomic and social impacts of two increasingly common macroeconomic policies: restrictions on international capital mobility -- capital controls -- and so-called unconventional monetary policy -- often referred to as “quantitative easing.” The consensus view is that capital controls can effectively lengthen the maturity composition of capital inflows and increase the independence of monetary policy but are not generally effective at reducing net inflows and influencing the real exchange rate. The first essay presents empirical evidence that although capital controls may not directly affect the long-run equilibrium level of the real exchange rate, they may enable disequilibria …

The Effects Of Globalization On An Emerging Economy: The Case Of South Africa, Oluwasheyi S. Oladipo

Dissertations, Theses, and Capstone Projects

This dissertation examines how globalization influences selected aspects of an emerging economy, using South Africa as a case study. The dissertation consists of three chapters: two microeconomic studies and one macroeconomic paper on the effects of globalization on some of the factors affecting economic growth. One micro paper explores the impacts of openness on inequality (Chapter 1), another investigates the impacts of trade liberalization on manufacturing sector wages (Chapter 2), and the macro study, which is the final chapter, examines the effects of inflation targeting on exchange rate pass through to domestic prices (Chapter 3).

In 1994, apartheid ended in …

Essays On Inequality, Credit Constraints, And Growth In Contemporary Mexico, Leopoldo Gómez-Ramírez

Doctoral Dissertations

This dissertation presents four essays on inequality, credit constraints, and economic growth in the Mexican economy in its recent history, or “contemporary Mexico”. In the first essay, it is argued that the possibility that wealth/income inequality could affect economic growth has been neglected in the contemporary Mexican economy literature. Also, preliminary thoughts on the channels through which inequality could have been affecting growth are offered. In the second essay, a time series, macroeconometric analysis on the possible relationship between inequality and aggregate production (GDP) in Mexico is presented. The analysis suggests that an increase in inequality boosts the economy, but …

Macroeconomic Effects And Microeconomic Determinants Of Fertility, Maria R. Apostolova-Mihaylova

Theses and Dissertations--Economics

This dissertation focuses on the relationship between the education-based fertility gap and economic growth and on policy as a determinant of fertility.

In the first essay I evaluate the impact of differential fertility (the difference between fertility rates of women with high educational attainment and women with low educational attainment) on economic growth by accounting for critical marginal effects and the general level of educational attainment in a given country. I also examine the possibility that this effect varies based on level of inequality and income levels. I find that for a less developed country with high income inequality, higher …