Income Distribution Commons^™

Income Inequality, Progressive Taxation And Tax Expenditures, James R. Hines Jr.

Book Chapters

There are important and growing concerns about income inequality in the United States and other high-income countries. These concerns reflect rising apprehension about the political and social consequences of inequality and worries that the advance of technology, expanding international trade and investment, and other economic developments may have significantly widened income gaps in recent decades and will continue to do so in the future. In the United States, these concerns have prompted renewed calls for political activism and vigorous searches for policy measures that might improve the relative economic positions of low- and middle-income Americans.

There are many ways in …

Lindsay M. Cutler, Lindsay M. Cutler

Library Research Scholars Program

The incidence rate of homelessness in the United States has been trending positively over the last decade. The Department of Housing and Urban Development attributes this growth primarily to the West-Coast. States in this region particularly responsible for the rise in rates have significantly large concentrations of both homelessness and high-paying innovation-sector jobs in major cities–known as superstars for the extreme demand to live there. Dispersion between higher and lower-income residents is noted to be significantly higher in superstar cities. In light of the recent interference of an unprecedented pandemic, COVID-19, economists predict a significant increase in the incidence rate …

El Ingreso Familiar De Emergencia En Argentina: Una Exploración Cualitativa Preliminar De La Suficiencia Relativa Y El Acceso / Emergency Family Income In Argentina: A Qualitative And Preliminary Exploration Of Relative Sufficiency And Access, Seamus Mcwilliams

Independent Study Project (ISP) Collection

El gobierno argentino ha promulgado docenas de nuevas protecciones sociales y varios de apoyo financiero para limitar la devastación económica causada por la pandemia del coronavirus. Una de estas medidas es el Ingreso Familiar de Emergencia (IFE), un estímulo de 10.000 pesos dirigido a familias del sector informal. Esta población tiene poca capacidad para resistir un período indefinido sin ingreso, y simultáneamente es difícil de alcanzar con los otros programas de ingresos debido a la naturaleza de la informalidad. A través de un análisis del ecosistema de apoyo gubernamental y dos entrevistas con profesionales familiarizadas con el sector informal, este …

The Right To Housing In Spain: Community Action And Alternative Housing Models, Georgia Sparks

Independent Study Project (ISP) Collection

The right to housing is guaranteed by Spain's constitution, the principles of the European Union, and U.N. human rights treaties to which Spain is signatory, yet Spain scarcely provides affordable housing and leaves its citizens struggling with poverty and unable to find a place to live. Unlike much of the rest of Europe, Spain’s social rented sector represents less than 1% of its total housing stock. Through policies that favor homeownership, promote the real estate market, and privatize social housing, Spain has left its citizens reliant on the private market for their fundamental need for housing. Social movements and nonprofit …

Bank Loan Loss Provisioning During Election Years In Nigeria, Peterson Kitakogelu Ozili

Bullion

The paper investigates the behavior of loan loss provisions during election years in Nigeria. Election events create uncertainties in the business environment. Election and post-election events may amplify credit risks for banks, requiring banks to keep higher loan loss provisions. Using country-level data, it was revealed that the election year did not have a significant effect on the level of loan loss provisions in the Nigerian banking sector. However, the banking sector had high provisions when it is undercapitalized during election years.

Investigating The Impact Of Widening Price Limits On Volatility: The Experience Of The Nigerian Stock Exchange, Mohmmed A. Yadudu

Bullion

This paper empirically evaluates the impact of return volatility from widening price limits from 5% to 10% on the Nigerian Stock Exchange(NSE) on September 18, 2012 using a Stochastic Volatility model in an event study framework. Using daily trading data from September 2010 to September 2014, the study finds that widening of price limits in the NSE has not increased volatility as feared by some regulators. Stocks with higher free floats and institutional ownership display lower volatility when price limits are widened. This suggests that smaller stock exchanges can improve market efficiency by widening price limits without increasing volatility. The …

Are The Goals Of Sustainability Interconnected? A Sociological Analysis Of The Three E’S Of Sustainable Development Using Cross-Lagged Models With Reciprocal Effects, Matthew Thomas Clement, Nathan Pino, Patrick Greiner, Julius A. Mcgee

Sociology Faculty Publications and Presentations

Conceptual discussions of sustainability emphasize the interdependent relationship between relevant social and environmental factors. Yet, traditional quantitative analyses of the topic have tended to estimate the exogenous or direct/indirect effects a predictor variable has on a particular measure of sustainability. We examine the endogenous, interdependent relationship between the three E’s of sustainability (economy, equity, and ecology), incorporating country-level data for 1990 through 2015 into cross-lagged structural equation models with reciprocal and fixed effects. Results from these longitudinal models suggest that over time, at the country level, increasing economic inequality reduces renewable energy consumption, with no evidence of reciprocal feedback. Keeping …

Poverty And Labor Force Participation Across Metropolitan Philadelphia, Zachary J. Porreca

Undergraduate Economic Review

This study utilizes data drawn from municipalities across the Philadelphia metropolitan area to examine trends in poverty amongst communities.While some research has been done on urban and rural poverty, this paper seeks to fill the gap in literature regarding poverty across the subksnurban and metropolitan landscape. A multiple regression model is specified, so as to provide an in depth analysis of observed trends. The central hypothesis that a relationship exists between poverty and labor force participation is tested and affirmed. The implication of this finding, as well as auxiliary findings, are explored and expanded upon. Recommendations are made for more …

Economic Segregation, Inequality, And The New Urban Crisis In The Mountain West, Ember Smith, Caitlin Saladino, William E. Brown

Housing & Real Estate

This fact sheet highlights economic segregation, inequality, and the effect of the “New Urban Crisis” in the Mountain West region (Nevada, Arizona, New Mexico, Colorado, and Utah) as computed and analyzed by Richard Florida in The New Urban Crisis: How Our Cities are Increasing Inequality, Deepening Segregation, and Failing the Middle Class- and What We Can Do About it.

Social Agglomeration Forces And The City, Peter A. Luff

Library Map Prize

The presence of “agglomeration forces” in production markets is widely accepted and has been recently quantified in the economics literature. Social scientists have done little theoretical work, however, and even less quantitative work, on how the logic of agglomeration might also apply to social groups and the gains that people derive from their social interactions. This paper attempts to bridge this gap by modeling and measuring the benefits in terms of social prestige that arose from the spatial concentration of socialites in Manhattan in the 1920s. I formulate a model of location-based social status determination that illustrates why these benefits …

Community Development Financial Institutions (Cdfis): An Analysis Within The Political And Economic Context Of Neoliberalism, Tracie Victoria Wynand

Cal Poly Humboldt theses and projects

This thesis explores Community Development Financial Institutions (CDFIs) business models by examining the organizational structures, procedural operations, services, and geography. It aims to understand its overall behavior as a financial institution providing low-income communities financial services and ultimately the role it plays within the neoliberal context. The research identifies that CDFIs ultimately hold a mission that promotes economic prosperity from within the neoliberal project by expanding free-market capitalist beliefs and practices when servicing low-income communities. Additionally, the findings suggest that CDFIs take on the role of the neoliberal state by operating in tandem with the Nonprofit Industrial Complex (NPIC), which …

Lack Of Higher Wage Opportunities In Missouri Contributes To Slower Economic Growth, Mallory Rahe

Center for Applied Economics

This paper uses publicly available datasets from federal government agencies to explore differences in income inequality across rural and urban Missouri in the aftermath of the Great Recession to better understand how these factors are associated with relative job loss and job recovery. Previous work has explored various explanations for Missouri’s weak economic performance; could income inequality be a contributing factor? I find that Missouri has lower income inequality than the nation, largely from a lack of high-wage jobs. Missouri, and especially rural Missouri, obtains lower income inequality primarily through a lack of high-income households. Across the nation, rising income …

Time And Consumption Poverty Among Mainland Tanzanian Children: Material Conditions To Secure Stated Rights, Marokey Sawo

Theses - Graduate Programs in Economic Theory and Policy

This paper examines the differences in how Tanzanian children across various socioeconomic axes spend their time across schooling, unpaid care work, and income-generating activities. Previous research and theory have primarily focused on child employment and its dynamics with education, neglecting a substantial amount of work borne by some children to maintain their households’ livelihoods. Using time use and consumption survey data, this paper fills the current gap in the literature by applying a multidimensional framework called the Levy Institute Measure of Time and Consumption Poverty. The results indicate that child employment is quite prevalent in mainland Tanzania across different tiers …

Growth Convergence Across Countries And Regions In The Long Run: An Empirical Study Using Panel Analysis (1980-2018), Portia Mensah

Masters Theses

With the emergence of new superpowers, the changing landscape of the global economy, and the heterogeneity of growth experiences being discovered in recent times, the concept of growth convergence must be revisited. This study examines whether developing countries are catching up with the advanced countries in terms of their per capita income. The study uses a panel analysis of 69 countries over a period of 39 years spanning from 1980 to 2018 to test for growth convergence (both absolute and conditional) among countries based on the Augmented Solow model. The countries were further divided into three regions namely, Europe, Asia, …

Declining Economic Opportunity And A Shrinking Safety Net: Consequences For Maine, Ryan M. Larochelle

Maine Policy Review

Ryan LaRochelle discusses the consequences of declining economic opportunity and a shrinking social safety net for Maine. LaRochelle recommends that policymakers in Augusta recognize how precarious many Mainers’ economic situations are and take action.

Evaluating The Impact Of Labor Market And Pension Policies On The Rise Of Elderly Female Poverty In Japan, Sarah Zhou

Social Impact Research Experience (SIRE)

Japan’s mix of demographic and gender-equity challenges create a unique case study regarding the rise of elderly female poverty. This paper explores different factors that contribute to high poverty risks among Japan’s most vulnerable population. By analyzing the nation’s economic landscape, gender parity obstacles, and demographic crisis, this paper presents how Japan’s current labor market and pension policies impact the elderly female population. Based on findings from academic research articles, news, and published data, this paper outlines policies for the Japanese government and corporations that would improve financial prospects for women post-retirement. Overall, this paper concludes that the Japanese government …

Dignificación Del Trabajo Domestico Desde Una Perspectiva Económica, Nubia Alejandra Patarroyo Cortes, Yeisson Fernando Morales Beltrán

Economía

La Economía del cuidado compone un segmento elemental para entender el funcionamiento del sistema económico y la generación de bienestar social. El trabajo doméstico y de cuidados no remunerado genera valor que implica “costos” en términos de energía, tiempo y oportunidades, para quienes los proveen, lo reciben y, por extensión, para el sistema económico. El propósito de esta investigación es la problemática que ha presentado el trabajo doméstico en los últimos años desde una perspectiva de trabajo decente, usando diferentes referencias bibliográficas, con el fin de poder abordar aspectos de carácter legal y económico para comprender los obstáculos de carácter …

The Timing Of Childbirth: Does The Age Of First-Time Mothers Affect The Parental Gender Earnings Gap?, Anna Graves

CMC Senior Theses

This paper assesses the impact the timing of first birth may have on the parental gender wage gap. Using data from the 2014 Survey of Income and Program Participation (SIPP), I use a pooled, cross-sectional sample of full-time parents in the United States labor force to examine the relationship between earnings and age at first birth for mothers and fathers and any relative difference that arises between the two. My findings indicate the presence of a parental gender wage gap, and that the timing of first birth can significantly impact parental wages. In addition, my results suggest that the timing …

The Road To Human Emancipation - The Moral And Political Foundations Of Markets, William Shi

CMC Senior Theses

The thesis aims to provide both a real public ideology and the legal and socioeconomic structures to realize Karl Marx’s ideal of human emancipation. Marx argues that in capitalist society, the legal and political superstructure forces the ruling class to represent its interest as the public interest, which legitimizes the massive inequality in resources and social power. To demonstrate how to realize the substantive public interest, the two parts of the thesis have two goals. The first part aims to formulate a rightful candidate to the public ideology of human emancipation, which represents the substantive public interest rather than the …

Healthy And Unhealthy Responses To American Democratic Institutional Failure, Thomas D'Anieri

CMC Senior Theses

I have set out on the hunch that politics in America “feels different,” that we are frustrated both with our institutions as well as with one another. First, I will seek to empirically verify this claim beyond mere “feelings.” If it can be shown that these kinds of discontent genuinely exist to the extent that I believe they do, I will then explain why people feel this way and why things are different this time from the economic, political, and social points of view. Next, I will examine two potential responses, what I will call the populist and the institutional …