Income Distribution Commons^™

Essays On The Economic Effects Of Income Inequality, Adir Dos Santos Mancebo Junior

FIU Electronic Theses and Dissertations

Income inequality has been rising throughout the world. In the United States, for example, the income share of the population at the top 10% of the income distribution rose 34% from 1980 to 2019 according to data from the World Inequality Database. This dissertation studies how increasing levels of income inequality might affect the economy.

In the first chapter, I show that changes in the level of income inequality may affect consumption volatility through changes in household aggregate marginal propensity to consume (MPC). I propose a simple theoretical framework to explain this dynamic and evaluate it empirically, combining data from …

Breaking The Chains Of Poverty Among Filipino Households: Will It Be In This Lifetime?, John Paolo R. Rivera

Angelo King Institute for Economic and Business Studies (AKI)

The Asian Development Bank (ADB) attributes persistent poverty in the Philippines to “weak macroeconomic management, employment issues, high population growth, an underperforming agricultural sector and unfinished land reform agenda, governance issues including corruption and a weak state, conflict and security issues, particularly in Mindanao, and disability” (Asian Development Bank [ADB], 2005, xvii). Despite copious and varied government initiatives to remedy the situation, however, Filipinos in the lower income deciles continue to suffer from the constant deprivation of basic necessities (Schelzig, 2005).