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2024

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Full-Text Articles in Income Distribution

Working Paper No. 85, Alexis De Tocqueville And The American Wealth Gap, Chloe Kneedler Dec 2024

Working Paper No. 85, Alexis De Tocqueville And The American Wealth Gap, Chloe Kneedler

Working Papers in Economics

This inquiry seeks to establish that French lawyer and scholar, Alexis de Tocqueville, observed as early as the 1830s, what would later emerge as the American wealth gap. After a nine-month journey that included his traveling through different parts of the nascent United States, Tocqueville wrote a two-volume book titled: Democracy in America [1835]. Over the length of his two volumes, Tocqueville reflects upon his experiences and observations drawn from the American nation in its fifth decade. Throughout this book, Tocqueville described the democratic structure of this country as emblematic of what could be expected from this “New World,” and …


Impact Of Multilateral Aid On Female Access To Education And Employment: A Spatiotemporal Analysis Of World Bank (Wb) Aid Projects In Pakistan, Muhammad Ashar Khan, Zashir Naqvi, Saba Nisar Soomro Dec 2024

Impact Of Multilateral Aid On Female Access To Education And Employment: A Spatiotemporal Analysis Of World Bank (Wb) Aid Projects In Pakistan, Muhammad Ashar Khan, Zashir Naqvi, Saba Nisar Soomro

CBER Conference

Since becoming a member in 1950, Pakistan has received around $40 Billion in development assistance from the World Bank (World Bank, 2023). The current portfolio under the ongoing assistance program includes 58 projects, amounting to about $15 Billion across different provinces and districts (World Bank, 2023). A number of these projects, especially pertaining to economic inclusion, are centered around fostering women's empowerment for sustainable and inclusive economic growth and ending extreme poverty in developing countries. According to WB’s “Gender Strategy 2030”, in line with Sustainable Development Goal 5, one key feature of its assistance is to help overcome “resource” and …


The Importance Of The Safety Net Program For Informal Workers’ Food Security Amid The Covid-19 Pandemic In Indonesia, Rodhiah Umaroh, Amirusholihin Amirusholihin, Yuliawati Yuliawati Dec 2024

The Importance Of The Safety Net Program For Informal Workers’ Food Security Amid The Covid-19 Pandemic In Indonesia, Rodhiah Umaroh, Amirusholihin Amirusholihin, Yuliawati Yuliawati

Economics and Finance in Indonesia

This study examines the effects of social safety-net programs on food security among vulnerable groups, focusing on households with informal workers. Utilizing data from the High-Frequency Monitoring of the COVID-19 Impacts 2020 (HiFy) and estimates with the Longitudinal Propensity Score Matching (LPSM) method, the findings reveal that cash and food assistance significantly reduce food insecurity among informal workers’ households. The households receiving these safety net programs experienced an 8–11% lower probability of food insecurity compared to non-recipients, as indicated by the Average Treatment Effect on the Treated (ATT) value. The study highlights the need for continued investment in inclusive and …


Climate Change , House Prices And Inequality In The United States, Zeynullah Gider Dec 2024

Climate Change , House Prices And Inequality In The United States, Zeynullah Gider

LSU New Orleans Theses and Dissertations

This dissertation investigates the multifaceted relationship between climate change, housing values, and inequality in the United States using county-level data from 2005 to 2022. In Chapter 1, we examine the heterogeneous impact of climate change on house prices, employing fixed-effect panel data analysis, Difference-in-Differences (DiD) with Propensity Score Matching (PSM), and fixed-effect panel quantile regressions. Findings indicate that climate change significantly impacts housing values, but this effect is not uniform. Low-value homes experience substantial price discounts due to heightened climate risk perception, while high-value homes are largely unaffected. This heterogeneity suggests that climate change poses a greater financial threat to …


Is Subjective Well-Being Insured Against Income Shocks? Evidence From 20-Year Panel Data In South Korea, Jiyeon Ahn, Taehyun Ahn, Kim Dec 2024

Is Subjective Well-Being Insured Against Income Shocks? Evidence From 20-Year Panel Data In South Korea, Jiyeon Ahn, Taehyun Ahn, Kim

Research Collection School Of Economics

Using 20 years of nationally representative panel data in South Korea, we estimate how life satisfaction responds to income shocks. We document that unexpected income changes significantly impact an individual's life satisfaction, and the magnitudes depend on the persistence of income shocks. We find that permanent income shocks substantially penetrate life satisfaction, while transitory income shocks have minimal impact. We also find that life satisfaction regarding external factors such as family income and leisure activities is more sensitive to income shocks than life satisfaction related to social relationships. Our findings imply that it is critical for the government to address …


The Motherhood Wage Penalty: Estimation Across Various Factors, Mario Velazquez Nov 2024

The Motherhood Wage Penalty: Estimation Across Various Factors, Mario Velazquez

Undergraduate Research Symposium Posters

Maternity and family leave policies are implemented in the workplace and sometimes even mandated by governments to allow first-time mothers to provide care for their newborns and recover from childbirth. However, these policies vary by country, and previous research publications have found that women face a “motherhood penalty” when they take a leave from work, leading to reduced earnings compared to women who do not have children. The main purpose of this paper is to validate whether new mothers do in fact face a decrease in their earnings over time, to compare this penalty across numerous variables, and to explore …


Refereed Research - Religiosity And Sociality As Sources Of Resilience For Women Subsistence Entrepreneurs During The Pandemic, Rozina Akther Oct 2024

Refereed Research - Religiosity And Sociality As Sources Of Resilience For Women Subsistence Entrepreneurs During The Pandemic, Rozina Akther

Subsistence Marketplaces

This study examines challenges faced by subsistence women entrepreneurs during COVID-19, the crisis of 2020, and their resilience in addressing the circumstances. The results of qualitative interviews with 13 subsistence marketplace women entrepreneurs in Bangladesh are presented in this article. In the current study, two themes are found to best capture the experiences and resilience of women business owners in the subsistence marketplaces. Furthermore, the study provides important insights from informant interviews, showing how women business owners navigate their operations during a pandemic. It highlights attributes such as relational strength and faith in a higher power that contribute to their …


Measuring Consumption Inequality At Household Level In Pakistan 2005-2019, Sahibzada Asadullah, Asfandyar Khan Sep 2024

Measuring Consumption Inequality At Household Level In Pakistan 2005-2019, Sahibzada Asadullah, Asfandyar Khan

Business Review

Reducing inequality has been the main focus of every country. This study is an attempt to measure consumption expenditure inequality in Pakistan by focusing on food and non-food components. The study uses secondary data to cover surveys from 2005-06 till 2018-19 using decomposed data taken from Household integrated expenditure survey of Pakistan. Gini coefficient has been used to measure inequality. The study finds fluctuating trends in inequality. Overall both food and non-food consumption inequality has slightly decreased but overall food consumption expenditure inequality increased in 2018-19 when we compared the results with year 2015-16. Food consumption inequality remain higher in …


Family Size And Child Migration: Do Daughters Face Greater Trade-Offs Than Sons?, Christine Ho, Yutao Wang, Sharon Xuejing Zuo Sep 2024

Family Size And Child Migration: Do Daughters Face Greater Trade-Offs Than Sons?, Christine Ho, Yutao Wang, Sharon Xuejing Zuo

Research Collection School Of Economics

We show that, conditional on family size, rural boys and girls are equally likely to migrate with parents in China. Nevertheless, daughters’ migration may still be compromised because they tend to have more siblings in societies with strong son preference, and larger families are more likely to leave all children behind. We find that a one unit increase in sibship size decreases the probability that a daughter migrates by 12.5 percentage points—with stronger effects when migration restrictions are more stringent—but has negligible effects on sons. The results suggest that gender-neutral migration constraints may generate gendered family size trade-offs.


Unemployment, Weekly Earnings, And Cost Of Living In Mountain West Metros, 2022, Annie Vong, Caitlin J. Saladino, William E. Brown Jr. Aug 2024

Unemployment, Weekly Earnings, And Cost Of Living In Mountain West Metros, 2022, Annie Vong, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet examines data on unemployment, weekly earnings, and cost of living for five Metropolitan Statistical Areas (MSAs) in the Mountain West states of Arizona, Colorado, Nevada, and Utah. The Ludwig Institute for Shared Economic Prosperity (LISEP). Local Analysis report includes data on the 50 largest MSAs in the U.S., which include the following in the Mountain West: Phoenix-Mesa Scottsdale, AZ; Tucson, AZ; Denver-Aurora-Lakewood, CO; Las Vegas-Henderson-Paradise, NV; and Salt Lake City, UT.


Projected Job Growth By 2031 In The Mountain West, Madison Dwyer, Annie Vong, Kristian Thymianos, Caitlin J. Saladino, William E. Brown Jr. Aug 2024

Projected Job Growth By 2031 In The Mountain West, Madison Dwyer, Annie Vong, Kristian Thymianos, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet examines job growth projections from 2021 to 2031 for the Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah. This fact sheet also presents projected job growth data by educational level, and across selected occupational sectors. Data are sourced from the report, “After Everything: Projections of Jobs, Education, and Training Requirements through 2031,” published by the McCourt School of Public Policy’s Center on Education and the Workforce (CEW) at Georgetown University.


Socioeconomic Inequalities Between The Bronx And Other Counties In New York City, Mexican Studies Institute Cuny, Eliana Checo-Genaoa Aug 2024

Socioeconomic Inequalities Between The Bronx And Other Counties In New York City, Mexican Studies Institute Cuny, Eliana Checo-Genaoa

CUNY Mexican Studies Institute

The Bronx, despite its proximity to the other boroughs of New York City, has the highest poverty rates among them. Using data from 2010 to 2022, this study examines the socioeconomic disparities between the Bronx and Brooklyn, Manhattan, Queens, and Staten Island. Key indicators analyzed include poverty levels, SNAP benefits, unemployment rates, median income, educational attainment, homeownership rates, business creation, and GDP per capita. Our study reveals that the Bronx has the highest poverty, unemployment, and SNAP benefit dependency rates, lower educational attainment, and the lowest median income and homeownership rates. Our findings underscore the persistent socioeconomic challenges faced by …


First Year Earnings And Debt In The Mountain West, Mohit Pande, Ivan Sun, Caitlin J. Saladino, William E. Brown Jr. Jul 2024

First Year Earnings And Debt In The Mountain West, Mohit Pande, Ivan Sun, Caitlin J. Saladino, William E. Brown Jr.

Higher Education

This fact sheet examines data from the Georgetown University report, “Buyer Beware: First-Year Earnings and Debt for 37,000 College Majors at 4,400 Institutions,” comparing and ranking the earnings, debt, and earnings net of debt based on post-secondary educational level. This fact sheet focuses on state-level data on first year earning and debt for five Mountain West states: Arizona, Colorado, Nevada, New Mexico, and Utah.


Returns To Education For Indigenous Populations In The Us: How Women Compared To Men?, Kianna Big Crow Jun 2024

Returns To Education For Indigenous Populations In The Us: How Women Compared To Men?, Kianna Big Crow

Scholarly Horizons: University of Minnesota, Morris Undergraduate Journal

Previous research finds large gaps in the labor market outcomes for the Indigenous population. Despite recent improvements, Indigenous workers lag other racial groups in terms of educational attainment and earnings. This study uses the 5-year American Community Survey Data (2018-2022) to estimate earning gains (returns to education) associated with college education for Indigenous workers and examine how Indigenous workers fare compared to workers from other racial groups. The research finds that the marginal benefit to a college education is lower for AIAN workers when compared to their white peers. In fact, the marginal benefit from a college education compared to …


Salary Needed To Live Comfortably In The Mountain West, 2024, Mohit Pande, Anirudh Polagani, Monserrat Cristando-Romo, Caitlin J. Saladino, William E. Brown Jr. Jun 2024

Salary Needed To Live Comfortably In The Mountain West, 2024, Mohit Pande, Anirudh Polagani, Monserrat Cristando-Romo, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet examines data on the annual salary needed to live comfortably in selected cities in the Mountain West states of Arizona, Colorado, Nevada, and New Mexico as of February 2024. A report by Smart Asset titled, “Salary Needed to Live Comfortably – 2024 Study,” provided wage data for the 99 largest cities in the United States.


Gender Pay Gaps In Mountain West Cities & States, 2024, Dre Boyd-Weatherly, Maryam Raja, Sean Curry, Caitlin J. Saladino, William E. Brown Jr. Jun 2024

Gender Pay Gaps In Mountain West Cities & States, 2024, Dre Boyd-Weatherly, Maryam Raja, Sean Curry, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet examines data on the gender pay gap, or the difference in pay between male and female year-round full-time workers in the Mountain West states of Arizona, Colorado, Nevada, New Mexico and Utah. “Cities with the Largest Gender Pay Gaps” published by the Chamber of Commerce uses 2020-2021 data from the U.S. Census Bureau.


A Convergent Parallel Mixed Methods Examination Of The Impact Of Graduate Student Loan Balances On Overall Quality Of Life Among Clinical Psychologists With Psyd Degrees, Lekai James Jun 2024

A Convergent Parallel Mixed Methods Examination Of The Impact Of Graduate Student Loan Balances On Overall Quality Of Life Among Clinical Psychologists With Psyd Degrees, Lekai James

Dissertations

Graduate student loan debt in psychology, particularly for those with Doctorate in Psychology (PsyD) degrees in clinical psychology, is highly problematic. Previous research has shown that student loan debt negatively impacts quality of life (QOL) by affecting subjective well-being (SWB) and life satisfaction (LS). This study used a convergent parallel mixed method approach, guided by bottom-up spillover theory and Maslow’s hierarchy of needs, to explore the relationship between QOL and total graduate student loan balances, as well as the effects of income and monthly student loan payments on QOL among PsyD graduates. Participants (N = 16) completed a survey with …


Value Added Tax Rate Variation, Import Demand And Sectoral Output In Nigeria, Joshua K. Nomkuha, Aondoawase Asooso, Philip T. Abachi Jun 2024

Value Added Tax Rate Variation, Import Demand And Sectoral Output In Nigeria, Joshua K. Nomkuha, Aondoawase Asooso, Philip T. Abachi

CBN Journal of Applied Statistics (JAS)

This study employs computable general equilibrium (CGE) model to estimate the effect of increase in value added tax (VAT), from 5 per cent to 7.5 per cent, on import demand and sectoral output in Nigeria. The study uses 2020 as the base year for the data analysis. The results show that increase in VAT affects import demand negatively, based on import penetration ratios, with mixed effect across six sectors. The implication of the result is that the VAT policy discourage consumption of foreign products, and constitute excess burden to consumers of such products in Nigeria. The results further reveal that …


Stock Market Volatility In The United Kingdom: Simulating Post-Covid-19 Recovery, Bala A. Dahiru, Mohammed Shuaibu, Najibullah Hassanov Jun 2024

Stock Market Volatility In The United Kingdom: Simulating Post-Covid-19 Recovery, Bala A. Dahiru, Mohammed Shuaibu, Najibullah Hassanov

CBN Journal of Applied Statistics (JAS)

This paper investigates the time it would take for the FTSE-100 index to reach its post-COVID-19 peak. The paper utilises an exponential generalised autoregressive conditional heteroscedasticity (EGARCH) model that accounts for leverage effect and asymmetries. The preferred models amongst competing variants was the Autoregressive Moving Average (ARMA)-EGARCH(2,1) specification and was used to predict daily FTSE-100 data from 5th January 2000 to 21st June 2024. The empirical exercise showed that the COVID-19-induced financial crisis negatively affected the United Kingdom’s stock market performance. The results show that the FTSE100 index could reach its post-pandemic peak around 27th August, 2024 (two months after …


Impact Of Fiscal Policy On Financial Inclusion And Development In Nigeria, Okwanya Innocent, Taiwo A. Olusegun, Aimua E. Peace Jun 2024

Impact Of Fiscal Policy On Financial Inclusion And Development In Nigeria, Okwanya Innocent, Taiwo A. Olusegun, Aimua E. Peace

CBN Journal of Applied Statistics (JAS)

This paper examines the effect of fiscal policy on financial inclusion and development in Nigeria. The study employs the Autoregressive Distributed Lag (ARDL) model and impulse response function (IRF) to determine the extent and response of financial inclusion and development to fiscal policy changes in Nigeria. The study derives a financial inclusion index from three core indicators: access, usage and quality of financial services, while financial development is measured as the ratio of money supply to GDP (M2/GDP). The results show that government expenditure has a significant positive effect on financial inclusion and development, while tax revenue exerts a negative …


The Hidden Struggle: Challenges Older Women Face In Nevada, Annie Vong May 2024

The Hidden Struggle: Challenges Older Women Face In Nevada, Annie Vong

Student Research

In 2020, almost one in five Nevadans was over the age of 65.[1] However, within this age group, women outnumber men due to longer life expectancies[2] and migration patterns. Women over 65 years of age make up an estimated 18.1% of the female population in Nevada.[3] Of the male population in Nevada, 15.1% are over 65 years of age.[4] Older women are less likely to be married, are less likely to have completed a bachelor’s degree, are more likely to drop out of the labor force, and are more likely to be living in poverty in …


Attitudes Towards Economic Inequality In A Global Perspective: Evidence From The World Value Survey, Francesco Rigoli May 2024

Attitudes Towards Economic Inequality In A Global Perspective: Evidence From The World Value Survey, Francesco Rigoli

Journal of Global Awareness

Scholars have explored the factors responsible for shaping people’s attitudes towards economic inequality. Yet, this research has focused almost exclusively on Western countries. This is an important limitation: only by looking at the different world regions, scholars can fully elucidate the major factors involved. To address this, the paper examines data from the World Value Survey, a database of representative samples drawn from more than one hundred countries. The analyses reveal that people tolerate economic inequalities more when they have higher salary, are better educated, are male, and live in poorer countries. The data also indicate that a country’s level …


Return On Investment (Roi) For Undergraduate Degrees At The University Of Nevada, Las Vegas (Unlv) And The University Of Nevada, Reno (Unr), Riley Ruff, Miguel Soriano Ralston, Caitlin J. Saladino, William E. Brown Jr. May 2024

Return On Investment (Roi) For Undergraduate Degrees At The University Of Nevada, Las Vegas (Unlv) And The University Of Nevada, Reno (Unr), Riley Ruff, Miguel Soriano Ralston, Caitlin J. Saladino, William E. Brown Jr.

Higher Education

This fact sheet examines return on investment (ROI) data for undergraduate degrees at the University of Nevada, Las Vegas (UNLV) and the University of Nevada, Reno (UNR). The original report from the Foundation for Research on Equal Opportunity (FREOPP) includes data on the ROI for various undergraduate degree programs across the United States.


The Safest Suburbs In The Mountain West, 2023, Ivan Sun, Zachary Billot, Caitlin J. Saladino, William E. Brown Jr. May 2024

The Safest Suburbs In The Mountain West, 2023, Ivan Sun, Zachary Billot, Caitlin J. Saladino, William E. Brown Jr.

Cities & Metros

This fact sheet presents data from the Smart Asset report, “America’s Safest Suburbs – 2023 Study,” which examines the 370 safest suburbs in the United States and the 35 most affordable safest suburbs. This fact sheet focuses on data for the nine safest suburbs and most affordable safe suburbs in the Mountain West states of Arizona, Colorado, Nevada, and Utah ranking among the top 100 safest suburbs in the United States.


Income Differences Among Nations: Measuring The Effects Of Human Capital On Total Factor Productivity (Tfp), Ashley Tarrolly May 2024

Income Differences Among Nations: Measuring The Effects Of Human Capital On Total Factor Productivity (Tfp), Ashley Tarrolly

CSB and SJU Distinguished Thesis

In the past two centuries, long-term economic growth has been defined by The Great Divergence, where the gap of income distribution has widened as a result of some nations experiencing modern economic growth while others have remained stagnant in their economic well-being. This panel data research examines differences in income across countries by applying development accounting to analyze differences in per capita gross domestic product (GDP) and predict each country’s total factor productivity (TFP). Data from the Penn World Tables were collected and categorized into groups based on GDP per capita to create a sample of 144 countries in 10-year …


Do Unions And Collective Bargaining Impact Economic Inequality In Oecd Nations?, Brady D. Crosby May 2024

Do Unions And Collective Bargaining Impact Economic Inequality In Oecd Nations?, Brady D. Crosby

Political Science Theses and Capstones

The decline of unionization has coincided with a dramatic increase in income and wealth inequality within countries across the world. Many theories in the existing literature have been proposed to explain both trends, including technology/automation, globalization and shifts in public policy. I analyze the impact of collective bargaining rates and union density on economic inequality. To test the connection between collective bargaining, labor unions and inequality, I use a series of statistical tests, including basic correlation tests, as well as a series of linear regression tests with Gini, union density, collective bargaining among other variables. The results show a moderately …


Impact Analysis Of Artificial Intelligence Technology On Employment And Income In China, Yan Lu, Lincui Gui Apr 2024

Impact Analysis Of Artificial Intelligence Technology On Employment And Income In China, Yan Lu, Lincui Gui

Bulletin of Chinese Academy of Sciences (Chinese Version)

With the continuous development of artificial intelligence technology, employment and income in China will undergo some new changes. It is necessary to explore the impact of artificial intelligence technology on employment and income distribution. The study finds that in terms of employment, the impact of artificial intelligence includes redefining the number and nature of jobs, affecting work patterns and work skills, and possibly triggering structural imbalances between supply and demand in the labor market, leading to employment inequality, increasing employment risks. In term of income distribution, artificial intelligence technology has a heterogeneous impact on the initial distribution of different fields, …


Capitalism In Europe Vs. Latin America, Brandy Mace, Lucas E. Mainhart, Caleb Edwards, Dayton Lamb, Jesus Herrera-Herrera Apr 2024

Capitalism In Europe Vs. Latin America, Brandy Mace, Lucas E. Mainhart, Caleb Edwards, Dayton Lamb, Jesus Herrera-Herrera

ATU Scholars Symposium

Focusing on the years 1995 to 2023, what are the universal traits of capitalism versus the more varying or flexible traits, as demonstrated by comparing European and Latin American practices of capitalism. For the country comparisons, researchers have agreed on 3 common variables to evaluate the capitalist practices of a Latin American country with a European one. These shared variables are 1) The power of the country's currency, 2) The informal versus formal employment of the labor force, as well as unemployment rate, and 3) The income gap between the rich and poor. Each researcher will also include 1-3 additional …


Making College Worth It: Inequalities In Higher Education And How To Solve Them, Katharine Meyer Apr 2024

Making College Worth It: Inequalities In Higher Education And How To Solve Them, Katharine Meyer

Brookings Scholar Lecture Series

Most students who graduate from college go on to earn higher wages, have more employment stability, and enjoy better health. While posted tuitions are high, a “high price, high aid” approach to college pricing means that the average cost of college has actually declined in recent years. Yet, public confidence in higher education is at an all-time low. What explains this tension? Who gains from going to college and who does not? What can colleges do to change perceptions about the value of a college education? This lecture by Brookings Institution scholar Katharine Meyer highlights trends in college enrollment and …


Apprenticeships In The Mountain West, Fy2023, Annie Vong, Caitlin J. Saladino, William E. Brown Jr. Apr 2024

Apprenticeships In The Mountain West, Fy2023, Annie Vong, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet examines data on apprenticeships for the Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah. The original dataset from the U.S. Department of Labor includes data on all 50 states as well as U.S. territories. This fact sheet examines the number of apprenticeships, the average and median hourly wages, the education level of those in apprenticeships, the union status, and the industries that support apprenticeships in each Mountain West state.