Income Distribution Commons^™

Burden Of Disease Associated With Lower Levels Of Income Among Us Adults Aged 65 And Older, Erica I. Lubetkin, Haomia Jia

Publications and Research

Background: Persons aged 65 years and older represent a heterogeneous group whose prevalence in the USA is expected to markedly increase. Few investigations have examined the total burden of disease attributable to lower levels of income in a single number that accounts for morbidity and mortality.

Methods: We ascertained respondents’ health-related quality of life (HRQOL) scores and mortality status from the 2003 to 2004, 2005 to 2006, 2007 to 2008 and 2009 to 2010 cohorts of the National Health and Nutrition Examination Survey (NHANES) with mortality follow-up through 31 December 2011. A mapping algorithm based on respondents’ age and answers …

What If Piketty Is Right? Real Economic Costs Of Rising Income Inequality, Thomas Gottschang

Economics Department Working Papers

Thomas Piketty's analysis of income and wealth distribution, Capital in the Twenty-First Century, argues that wealth has become increasingly concentrated in the hands of the most affluent, while lower and middle class real incomes have stagnated; he warns that this trend could have “potentially terrifying” results, possibly even violent revolution. This article presents evidence that growing inequality weakens the entire economy by eroding the purchasing power of the vast majority of the population and the education of the labor force, while increasing its vulnerability to future collapses of the financial markets. It agrees with Piketty's concern that the capitalist market …

An Empirical Study Of Earnings Of Immigrants And Native-Born Americans In The U.S. Labor Market Given Different Levels Of Educational Attainment, Yuli P. Gomez Bravo

Applied Economics Theses

This paper will compare the Lifetime wage earnings of immigrants and native-born citizens in the U.S. for the years 2000-2010 according to educational attainment using cross-sectional data. The data obtained through IPUMS-CPS Integrated Public Use of Microdata Series, University of Minnesota. The findings of investment in Human Capital of Mincer (1958), the Immigrants earnings distribution of Chiswick and Miller (2006), the Pareto’s law of income distribution, and the immigrants investment in human capital model by Duleep and Regets (1999) are the theoretical basis in which this study will be ruled. The empirical evidence suggests that immigrants who invest in education …

Measuring The Financial Shocks Of Natural Disasters: A Panel Study Of U.S. States, Qing Miao, Yilin Hou, Michael Abrigo

Center for Policy Research

This paper employs panel vector autoregression to examine the dynamic fiscal response to disaster shocks. With 50-state, 1970-2013 panel data of state government finance and disaster damage, we estimate disaster impacts on revenue, expenditure, debt issuance, and intergovernmental transfers. We find that following a disaster, states increase program expenditure, but receive more federal transfers. Disasters have limited impact on total tax revenues but amplify fluctuations in sales, income, and property tax revenues. Our findings suggest that disaster-induced additional spending is largely financed through federal transfers, which include not only disaster relief funds but also non-disaster-related public welfare aids.

The Nominalistic Principle: A Legal Approach To Inflation, Deflation, Devaluation And Revaluation, Alain H. Sheer

Georgia Journal of International & Comparative Law

No abstract provided.

Homogeneity Pursuit In Panel Data Models: Theory And Applications, Wuyi Wang, Peter C. B. Phillips, Liangjun Su

Research Collection School Of Economics

This paper studies estimation of a panel data model with latent structures where individuals can be classified into different groups where slope parameters are homogeneous within the same group but heterogeneous across groups. To identify the unknown group structure of vector parameters, we design an algorithm called Panel-CARDS which is a systematic extension of the CARDS procedure proposed by Ke, Fan, and Wu (2015) in a cross section framework. The extension addresses the problem of comparing vector coefficients in a panel model for homogeneity and introduces a new concept of controlled classification of multidimensional quantities called the segmentation net. We …

La Influencia Del Mercado En La Crianza De Alpacas En Las Comunidades Alto Andinas De Pucará, Jessica Casale

Student Publications

Using a social-anthropological approach, through first-hand experiences living in the field and speaking with the subjects of this study, this paper investigates how the global economic market of alpaca wool has had effect on the traditional cultural practices of alpaca herders in the high Andean communities of Pucará, Peru. The results reveal a loss of traditional Andean herder’s practices and beliefs in the face of modernization, the inequality and exploitation within the wool market, and the influence of western economic ideologies. To preserve cultural practices and enhance the conditions of an alpaca herder, I suggest educating the communities on more …

La Construcción De Una Identidad Propia Por Parte De Las Mujeres Piqueteras De Claypole, Como Protagonistas, Dentro Del Frente De Organizaciones En Lucha (Fol) / Mujeres Piqueteras Of Claypole Constructing Their Own Identity As Protagonists Within The Frente De Organizaciones En Lucha (Fol), Luz Daniela Castro

Independent Study Project (ISP) Collection

In the late 1990s in Argentina, the model of neoliberalism transformed political and economic policies, aggravated free trade and promoted the privatization of companies and free enterprise. A direct consequence was job instability, with masses amounts of unemployment prevailing, and no action nor response pursued by the state. As a result, the unemployed workers “desocupdos” came together and introduced new repertoires of action: the picketing “piquetes” and the temporary blockage of roads “corte de rutas”. The movement’s first appearance was in the Cutral-Có y Plaza Huincul in the Province of Neuquén (1996-97), extended to Salta and Jujuy (1997) and then …

Putting Short-Time Compensation To Work: How Employers Can Avert Layoffs And Reduce Training Costs, David E. Balducchi, Stephen A. Wandner

Employment Research Newsletter

No abstract provided.

Welfare Reform And The Intergenerational Transmission Of Dependence, Robert Paul Hartley, Carlos Lamarche, James P. Ziliak

University of Kentucky Center for Poverty Research Discussion Paper Series

We estimate the effect of welfare reform on the intergenerational transmission of welfare participation using a long panel of mother-daughter pairs over the survey period 1968-2013 in the Panel Study of Income Dynamics. Because states implemented welfare reform at different times starting in 1992, the cross-state variation over time permits us to quasi-experimentally separate out the effect of mothers’ participation on daughters’ welfare choice in the pre- and post-welfare reform periods. Our empirical framework also addresses potential issues in identifying a causal pathway from parent to child that arise from correlated unobservables in welfare decisions, misclassification error in survey reports, …

“Give A Man A Fish: Reflections On The New Politics Of Distribution”, By James Ferguson [Book Review], Daniela Atanasova

Southern African Journal of Policy and Development

Development policy and discourse have long shied away from the idea of giving money directly to the poor. In his latest book, anthropologist James Ferguson argues that this reluctance is slowly giving way. He documents a veritable ‘cash transfer revolution’ taking place in the Global South, with countries such as South Africa, Brazil and Namibia in the vanguard. Drawing on a rich empirical and ethnographic literature on cash transfers and the livelihoods of the poor, with a focus on southern Africa, Ferguson delivers a thought-provoking analysis of the genesis, limitations and radical potential of these programmes. At its most original, …

Is Predicted Data A Viable Alternative To Real Data?, Tomoki Fujii, Roy Van Der Weide

Research Collection School Of Economics

It is costly to collect the household- and individual-level data that underlies official estimates of poverty and health. For this reason, developing countries often do not have the budget to update their estimates of poverty and health regularly, even though these estimates are most needed there. One way to reduce the financial burden is to substitute some of the real data with predicted data. An approach referred to as double sampling collects the expensive outcome variable for a sub-sample only while collecting the covariates used for prediction for the full sample. The objective of this study is to determine if …

Is Predicted Data A Viable Alternative To Real Data?, Tomoki Fujii, Roy Van Der Weide

Research Collection School Of Economics

It is costly to collect the household- andindividual-level data that underlies official estimates of poverty and health. Forthis reason, developing countries often do not have the budget to update their estimatesof poverty and health regularly, even though these estimates are most neededthere. One way to reduce the financial burden is to substitute some of the realdata with predicted data. An approach referred to as double sampling collectsthe expensive outcome variable for a sub-sample only while collecting thecovariates used for prediction for the full sample. The objective of this studyis to determine if this would indeed allow for realizing meaningful reductionsin …

Democratization, Political Performance, And Income Distribution In Argentina And Brazil, Nicholas Paul Stowell

Dissertations and Theses

This research examines the effects of democratization and political performance on the functional distribution of income in Argentina and Brazil from the end of their authoritarian periods to the present. The existing literature tends to focus on the impacts of democratization and political performance on the economic growth of the country as a whole or on changes to per capita income. This analysis focuses on the equality of economic development in less developed countries because growth is not necessarily distributed equally and poverty and inequality are both endemic to many less developed countries and also negatively impact development as a …

Natural Disasters In Latin America: The Role Of Disaster Type And Productive Sector On The Urban-Rural Income Gap And Rural To Urban Migration, Madeline Alice Messick

Dissertations

This research provides insight into the impact of natural disasters as drivers of rural to urban migration in Latin America and the Caribbean (LAC). Disasters of varying types are predicted to have differing impacts on the productive sectors of agriculture, industry, and services; which due to the concentration of the various productive sectors in either urban or rural areas, subsequently changes the urban-rural wage differential. Changes to the wage differential (as measured by the urban-rural income gap) are predicted to lead to movement between urban and rural areas until a new equilibrium wage is reached.

This dissertation first identifies a …

The Effects Of Increasing The Minimum Wage On Prices: Analyzing The Incidence Of Policy Design And Context, Daniel Macdonald, Eric Nilsson

Upjohn Institute Working Papers

We analyze the price pass-through effect of the minimum wage and use the results to provide insight into the competitive structure of low-wage labor markets. Using monthly price series, we find that the pass-through effect is entirely concentrated on the month that the minimum wage change goes into effect, and is much smaller than what the canonical literature has found. We then discuss why our results differ from that literature, noting the impact of series interpolation in generating most of the previous results. We then use the variation in the size of the minimum wage change to evaluate the competitive …

Using The Theory Of Fundamental Causes To Show The Potential Effects Of Socioeconomic Status On Surgical Outcomes, Mehwish Qasim, A.B.D.

Journal of Health Disparities Research and Practice

Surgical procedures are both costly and common. There are large differences in surgical outcomes both within and between hospitals based on patient characteristics such as measures of income. In both 2000 and 2009, patients residing in low-income communities had worse morbidity and mortality rates, across a wide range of quality indicators. In this review, the author will explicate the Theory of Fundamental Causes as it relates to surgical care, review key empirical findings and address potential limitations of the theory. This review will provide a platform for researchers to discuss current research in surgical disparities using the Theory of Fundamental …

Worker Cooperatives As An Innovative Strategy To Address Income Inequality?, Bryan Titzler

Student Research – Stevenson Center

This project explores the relation between the magnitude of the cooperative sector and the degree of income inequality in a country. After a somewhat selective consideration of the possible linkages between the size of the cooperative sector and income inequality, and using Gini as the primary measure for income inequality and two proxies for the size of the cooperative sector, an empirical exploration is done in three ways. First, simple plots are used to judge the gross relation between Gini and each of the two proxies for the size of the cooperative sector. Both plots show a perceptible negative relation. …

Contesting Austerity: The Potential And Pitfalls Of Socioeconomic Rights Discourse, Joe Wills, Ben Warwick

Indiana Journal of Global Legal Studies

This article argues that, while socioeconomic rights have the potential to contribute to the contestation of austerity measures and the reimagining of a "postneoliberal" order, there are a number of features of socioeconomic rights as currently constructed under international law that limit these possibilities. We identify these limitations as falling into two categories: "contingent" and "structural". Contingent limitations are shortcomings in the current constitution of socioeconomic rights law that undermine its effectiveness for challenging austerity measures. By contrast, the structural limitations of socioeconomic rights law are those that pertain to the more basic presuppositions and axioms that provide the foundations …

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 …

Evaluating Stolper-Samuelson: Trade Liberalization & Wage Inequality In India, Anthony M. Michael

Master's Theses

This paper tests the predictions of the Stolper-Samuelson Theorem in India after it underwent major trade reform in 1991. Using industry level tariff data, the paper empirically examines trade liberalization’s effect on the wages of high-skilled labor relative to low skilled labor within firms. The study finds empirical evidence to support growing wage differentials within firms, which contradict the predictions of the Stolper-Samuelson Theorem. Additionally, when controlling for firm size and the effects of the global financial crisis, these results remain robust. Finally, the paper explores training and welfare and R&D’s effect on the wage differentials within firms, finding a …

Inequality And Financialization, Oscar C. Soons

Senior Honors Projects

This paper analyzes economic inequality in the United States and makes a connection between rising inequality and “Financialization” since the 1970’s. I provide an overview of how and why income and wealth inequality have changed over time. The increase in inequality since the 1970’s is correlated with an increase in Financialization, measured by a Financialization index that I created. Financialization, defined as the increasing size, power and influence of the financial sector in the economy and politics, has changed the economic and political landscape in the United States in a way that increases economic inequality.

Are Music Streaming Services Healthy For The Recorded Music Industry?, Elizabeth W. Pittman

Economics Undergraduate Honors Theses

To listen to music just a few hundred years ago would require hundreds of miles of travel, tons of wood and metal and ivory and copper strings, construction of a stage and audience platforms, human capital to perform the music of course, and lots of money. All of these variables would combine to produce an auditory experience of approximately 45 minutes total. Today, a single musician can produce the sound of dozens with just a laptop, and it can be consumed relatively cheaply with the click of a button. Digital services such as iTunes or Spotify give listeners access to …

Income Inequality In American Professional Sports Leagues, Joshua S. Thurman

Economics Undergraduate Honors Theses

Sports leagues provide an interesting window to view issues that larger economies face that are much harder to measure due to their complexity. These leagues have many policy tools similar to those used in major world economies such as minimum wage, price ceilings, labor unions, and revenue sharing, although the impact of these policies are much easier to measure in the closed economy model of a sports league because the income and output of every player in a given year is known. In this paper, I measure the level and trend of income inequality in the NBA, NFL, and MLB, …

Exchange Patterns And Relations In Collaborative Governance., Charles Wharton Kaye-Essien

Electronic Theses and Dissertations

Collaborative governance has received considerable attention in recent years. From environmental resource management to public safety, collaborative governance continues to play a vital role in regional problem solving. In spite of this increasing popularity previous attempts to model the political, economic, and demographic determinants of collaboration have in most cases produced inconsistent results, thereby undermining the ability to generalize from such findings. Additionally, our understanding of the relational patterns that emanate from collaborative agreements remains fairly rudimentary. The main objective of this research is to address some of the gaps in the literature and improve our understanding of collaborative governance …

Income Inequality, Incarceration, And Black-White Poverty Rate Differentials, Conor B. Stanhope

The Review: A Journal of Undergraduate Student Research

This paper attempts to analyze and isolate the effects of income inequality on the difference between poverty rates amongst the Black and White population by state in 2010, using each state’s GINI coefficient estimate as the inequality measurement. In addition, the author proposes an alternative income distribution measurement to try and further interpret the effects of a particular state’s income allocation on its poverty rate differential. This paper will also discuss, and attempt to quantify, other factors that could affect disparity in poverty rates between Black and White Americans, such as incarceration rates. The author finds that there is some …

The Golden Straightjacket Is Out Of Style, Lacey Germana

Best Integrated Writing

Germana’s review of Thomas Friedman’s The Lexus and the Olive Tree provides careful summary and critique of Friedman’s argument and passionately calls for a balance between increased standards of living and careful stewardship of the earth.

The Distribution Of Globalized Power, Rachel Canter

Best Integrated Writing

Canter reviews Thomas Friedman’s The Lexus and the Olive Tree and observes the dissonance between our notions of globalization and global society; she offers an alternate worldview that pays respect to regional cultures and values.

Del Movimiento Estudiantil A Revolución Democrática: Esperanza Está En La Institución, Jensen Handwork

Independent Study Project (ISP) Collection

The Chilean State is currently in a political era defined as the Crisis de Legitimidad (Crisis of Legitimacy) in result of extreme socioeconomic inequality and widespread political disillusionment. In 2011, a social movement led by university students became the most important movement since the democratic transition began in 1990, succeeding in re-politicizing the population. The movement started as a demand that the State offer free higher education and end various injustices in the entire education system, however, in time the movement and became a statewide expression of the frustration felt against the neo-liberal state. Over 80% of the Chilean population …

Does Academic Performance Predict Workplace Productivity?, Jodie-Gaye Hunter

Honors Projects in Economics

This research examines if college GPA affects productivity and compensation in the workplace. It uses data collected from a survey of approximately 23,000 Bryant University graduates in different stages of their career. About 10 percent of the alumni surveyed completed the survey. The econometric model used in this study allows estimating the effect of GPA on income after controlling for various demographic and socioeconomic variables, including education, major, occupation, gender, among others. The empirical work provides evidence that GPA has a positive and statistically significant impact on workplace productivity for females, but GPA seems to be a weaker predictor of …