Income Distribution Commons^™

Economic Wealth And Social Welfare: A Longitudinal Analysis Of Transnational Well-Being, Kelly Brooke Martin

Doctoral Dissertations

Macro changes in the financial arena have prompted ongoing research focused on global economic trends. As America emerges from an era of stagnant wages, rising unemployment, and growing class stratification it is necessary to explore differences in cross-national socioeconomic behavior to address the changing needs of our country. Many studies attempt to describe statistical correlations between economic wealth and social well-being domestically and abroad by utilizing methodological perspectives that do not account for longitudinal change. To address the gap in existing research, this study seeks to measure variations in econometric indicators between the U.S. and Nordic countries to further explicate …

Globalization And Inequality An International Comparison Between Sweden And The Us, Sergio A. Berumen

Sergio A. Berumen

In this paper we first review the concepts of Globalization and Inequality, paying special attention to the conclusions reached previously by other economists. Later on, we carry on with an international comparison between Sweden and the United States for the period 1913-2012. We depict the evolution in inequality levels for both countries, based in two main indicators: the Gini Index and the top 1% income share. Our findings point out that inequality has strongly risen in the United States whilst Sweden’s level of inequality is not far from the one presented immediately after the World War II. These results may …

Three Essays On Racial Wage Differentials In South Africa, Ochas Kashinge Pupwe

Dissertations

Wage gaps amongst the different racial groups in South Africa, have remained high post-apartheid. With the enactment and implementation of several empowerment programs aiming at reversing racial marginalization, it is puzzling to see the persistent wage gaps between the white minority and non-white majority. This dissertation seeks to ascertain factors that may account for the persistent wage gap.

The first essay tests for the presence of over-education and its effects on wage determination amongst South Africa’s racial demographic groups. The results indicate that whites were over-educated whilst marginalized populations exhibited significant levels of under-education in 1991 and 2011 and hence …

Impact Of Women Empowered Through Community Savings Groups On The Wellbeing Of Their Families: A Study From Mgubwe, Tanzania, James Kesanta, Billy Andre

Interdisciplinary Journal of Best Practices in Global Development

This study explores the impact of economic empowerment among women and the well-being of their families and their communities through a community savings and loans association model. The research, conducted in Mgubwe, Tanzania, consists of 83 respondents from four villages, representing 12 Village Savings and Loans Associations (VSLAs). Qualitative and quantitative data were collected using Focus Group Discussions (FGD), survey questionnaires and key in-depth interview methodologies. The findings indicated women who participate in community-based micro-lending associations have positive impacts on their children’s education, health, and livelihoods. The findings also revealed members of community savings and loans groups do not collectively …

The Economy Of Oaxaca Decomposed, Albert Codina Sala

Honors College Theses

We analyze the internal economy of Oaxaca State in southern Mexico across regions, districts and municipalities from 1999 to 2009. Using the concept of economic convergence, we find mixed evidence for poorer areas catching up with richer areas during a single decade of economic growth. Indeed, some poorer regions thanks to negative growth have actually diverged away from wealthier areas.

Determining The Effect Of The Minimum Wage On Income Inequality, Benjamin S. Litwin

Student Publications

Many recent studies have shown a significant increase to income inequality since the 1980s. One of the proposed methods for fixing this trend is to increase the minimum wage, since this policy would help those at the low end of the income spectrum to see economic growth. To analyze the effectiveness of this policy, we studied data from countries that are part of the Organization for Economic Development and Cooperation. By forming an econometric model to account for many factors that affect income inequality in nations around the world, including the real value of the minimum wage, we can determine …

Economic Development And Female Labor Force Participation In The Middle East And North Africa: A Test Of The U-Shape Hypothesis, Kelsey A. Chapman

Gettysburg Economic Review

This paper investigates the relationship between economic development and female labor force participation in the Middle East and North Africa (MENA). Using a panel data set of 20 countries in the region for the period of 1990-2012, I develop an econometric model that tests the U-shape hypothesis. This study builds upon previous literature examining the U-shape hypothesis in time series studies for developing countries, and cross-country studies. The results of this paper suggest that there is a U-shaped relationship between economic growth and female labor force participation rates. The MENA region’s low female labor force participation rates can be explained …

The Gettysburg Economic Review, Volume 8, Spring 2015

Gettysburg Economic Review

No abstract provided.

Do Living Wages Alter The Effect Of The Minimum Wage On Income Inequality?, Benjamin S. Litwin

Gettysburg Economic Review

Anker (2006) proposed a new methodology for calculating the living wage in countries around the world. By looking at OECD nations between 2000-2010, we look to see if countries with a national minimum wage higher than this living wage value see a notable difference in the effect of the minimum wage on income inequality. Our results show that countries with the minimum wage higher than the living wage value do see lower inequality, although there is a key value of the minimum wage, at which countries start to see disemployment effects that increase inequality.

Political Choice And Economic Crisis In Brazil: A Case Of Mismanagement Of Public Money, Evellyn Brasil Monteiro

Dissertations and Theses

A few years ago, Brazil was the country where everybody would like to invest. Because it was one of the members of the BRIC, group of emergent countries with fast-growing economies including also Russia, India and China that gave the investors warranties that those investments would be successful. The current situation is very different from the one pictured not too long ago. High interest rates, high inflation, undervalued currency, and international political scandals describe the very serious economic crisis the country has been facing recently, making the economic growth forecast decrease. In 2013, the variation of Gross Domestic Product (GDP) …

Globalization, Inequality, And Redistribution: Theory And Evidence, Giray Gozgor, Priya Ranjan

Priya Ranjan

This paper constructs a simple theoretical model to study the implications of globalization for inequality and redistribution. It shows that when globalization increases inequality, a policymaker interested in maximizing the sum of welfare of all agents increases redistribution. Empirically, the paper examines the effects of globalization on inequality and redistribution in a panel data set of 140 countries for the period from 1970 to 2012. We find that both inequality and redistribution have been increasing with globalization. The results are robust to the inclusion of many different controls and the exclusion of outliers.