Crespo Cuaresma, Jesus, Roser, Max. 2016. Why is income inequality increasing in the developed world? Review of Income and Wealth 62 (1), 1-27.
BibTeX
Abstract
We address empirically the factors affecting the dynamics of income inequality among industrialized economies. Using a panel for 32 developed countries spanning the last four decades, our results indicate that the predictions of the Stolper–Samuelson theorem concerning the effects of international trade on income inequality find support in the data if we concentrate on imports from developing countries as a trade measure, as theory would imply. We find that democratization, the interaction of technology and education, and changes in the relative power of labor unions affect inequality dynamics robustly.
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Status of publication | Published |
---|---|
Affiliation | WU |
Type of publication | Journal article |
Journal | Review of Income and Wealth |
Citation Index | SSCI |
WU Journalrating 2009 | A |
WU-Journal-Rating new | FIN-A, VW-C, WH-B |
Language | English |
Title | Why is income inequality increasing in the developed world? |
Volume | 62 |
Number | 1 |
Year | 2016 |
Page from | 1 |
Page to | 27 |
Reviewed? | Y |
DOI | http://dx.doi.org/10.1111/roiw.12153 |
Associations
- People
- Crespo Cuaresma, Jesus (Details)
- External
- Roser, Max (University of Oxford, United Kingdom)
- Organization
- Department of Economics (Crespo Cuaresma) (Details)
- Research Institute for Human Capital and Development
FI
(Former organization)
- Competence Center for Sustainability Transformation and Responsibility WE (Details)