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Full-Text Articles in Income Distribution
Postcolonial Exploitation Through Economic Development Tools: A Case Study On France And The Ivory Coast, Keshav R. Prabhu-Schlosser
Postcolonial Exploitation Through Economic Development Tools: A Case Study On France And The Ivory Coast, Keshav R. Prabhu-Schlosser
Senior Projects Spring 2019
Abstract: French monetary control over their colonies in Africa did not decrease after decolonization. Instead, the monetary union, the CFA Franc Zone set the stage for French domination of West Africa for decades to come through their control of pricing and exchange rates. This dominion causes repeated economic downturns, which the governments of the CFA countries are unable to counteract due to the monetary and fiscal restrictions placed upon them through the currency union. These downturns are only offset by repeated injections of capital, which can only come from abroad. In a case study of France and the Ivory Coast, …
Does Income Mobility Equalize Longer-Term Incomes? New Measures Of An Old Concept, Gary S. Fields
Does Income Mobility Equalize Longer-Term Incomes? New Measures Of An Old Concept, Gary S. Fields
Gary S Fields
This paper develops a new class of measures of mobility as an equalizer of longer-term incomes – a concept different from other notions such as mobility as time-independence, positional movement, share movement, income flux, and directional income movement. A number of properties are specified leading to a class of indices, one easily-implementable member of which is applied to data for the United States and France. Using this index, income mobility is found to have equalized longer-term earnings among U.S. men in the 1970s but not in the 1980s or 1990s. In France, though, income mobility was equalizing throughout, and it …