Download or read book Mandated Benefits Employment and Inequality in a Dual Economy written by Rita Almeida and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mandated Benefits Employment and Inequality in a Dual Economy written by Rita Almeida and published by . This book was released on 2016 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the effect of enforcing labor regulation in an economy with a dual labor market. The analysis uses data from Brazil, a country with a large informal sector and strict labor law, where enforcement affects mainly the degree of compliance with mandated benefits (severance pay and health and safety conditions) in the formal sector, and the registration of informal workers. The authors find that stricter enforcement leads to higher unemployment but lower income inequality. They also show that, at the top of the formal wage distribution, workers bear the cost of mandated benefits by receiving lower wages. Wage rigidity (due, say, to the minimum wage) prevents this downward adjustment at the bottom of the income distribution. As a result, formal sector jobs at the bottom of the wage distribution become more attractive, inducing the low-skilled self-employed to search for formal jobs.
Download or read book The Vanishing Middle Class new epilogue written by Peter Temin and published by MIT Press. This book was released on 2018-03-09 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why the United States has developed an economy divided between rich and poor and how racism helped bring this about. The United States is becoming a nation of rich and poor, with few families in the middle. In this book, MIT economist Peter Temin offers an illuminating way to look at the vanishing middle class. Temin argues that American history and politics, particularly slavery and its aftermath, play an important part in the widening gap between rich and poor. Temin employs a well-known, simple model of a dual economy to examine the dynamics of the rich/poor divide in America, and outlines ways to work toward greater equality so that America will no longer have one economy for the rich and one for the poor. Many poorer Americans live in conditions resembling those of a developing country—substandard education, dilapidated housing, and few stable employment opportunities. And although almost half of black Americans are poor, most poor people are not black. Conservative white politicians still appeal to the racism of poor white voters to get support for policies that harm low-income people as a whole, casting recipients of social programs as the Other—black, Latino, not like "us." Politicians also use mass incarceration as a tool to keep black and Latino Americans from participating fully in society. Money goes to a vast entrenched prison system rather than to education. In the dual justice system, the rich pay fines and the poor go to jail.
Download or read book Mandated Benefits Employment and Inequality in a Dual Economy written by Rita Almeida and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the effect of enforcing labor regulation in an economy with a dual labor market. The analysis uses data from Brazil, a country with a large informal sector and strict labor law, where enforcement affects mainly the degree of compliance with mandated benefits (severance pay and health and safety conditions) in the formal sector, and the registration of informal workers. The authors find that stricter enforcement leads to higher unemployment but lower income inequality. They also show that, at the top of the formal wage distribution, workers bear the cost of mandated benefits by receiving lower wages. Wage rigidity (due, say, to the minimum wage) prevents this downward adjustment at the bottom of the income distribution. As a result, formal sector jobs at the bottom of the wage distribution become more attractive, inducing the low-skilled self-employed to search for formal jobs.
Download or read book Inequality and Employment in a Dual Economy written by Rita K. Almeida and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Inequality In Labor Market Areas written by Forrest A Deseran and published by Westview Press. This book was released on 1993 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inequalities in Labour Market Areas makes use of the increased availability of socioeconomic and demographic data coupled with geography to further understanding of social and economic inequalities in labour markets in both rural and urban settings.
Download or read book Inequality In Labor Market Areas written by Joachim Singelmann and published by Routledge. This book was released on 2019-05-20 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past two decades, many attempts have been made to refocus stratification research and the study of inequality. The contributors to this volume have a long-term concern with the importance of space and locality. Many of them belonged to a research project during the early 1980s that had as one of its main aims the analysis of labor force
Download or read book Disrupted Development and the Future of Inequality in the Age of Automation written by Lukas Schlogl and published by Springer Nature. This book was released on 2020-01-13 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book examines the future of inequality, work and wages in the age of automation with a focus on developing countries. The authors argue that the rise of a global ‘robot reserve army’ has profound effects on labor markets and economic development, but, rather than causing mass unemployment, new technologies are more likely to lead to stagnant wages and premature deindustrialization. The book illuminates the debate on the impact of automation upon economic development, in particular issues of poverty, inequality and work. It highlights public policy responses and strategies–ranging from containment to coping mechanisms—to confront the effects of automation.
Download or read book Income Inequality written by Janet C. Gornick and published by Stanford University Press. This book was released on 2014-08-01 with total page 541 pages. Available in PDF, EPUB and Kindle. Book excerpt: This state-of-the-art volume presents comparative, empirical research on a topic that has long preoccupied scholars, politicians, and everyday citizens: economic inequality. While income and wealth inequality across all populations is the primary focus, the contributions to this book pay special attention to the middle class, a segment often not addressed in inequality literature. Written by leading scholars in the field of economic inequality, all 17 chapters draw on microdata from the databases of LIS, an esteemed cross-national data center based in Luxembourg. Using LIS data to structure a comparative approach, the contributors paint a complex portrait of inequality across affluent countries at the beginning of the 21st century. The volume also trail-blazes new research into inequality in countries newly entering the LIS databases, including Japan, Iceland, India, and South Africa.
Download or read book Macroeconomic Inequality from Reagan to Trump written by Lance Taylor and published by Cambridge University Press. This book was released on 2020-08-20 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: An innovative approach to measuring inequality providing the first full integration of distributional and macro level data for the US.
Download or read book Employment Inequality and Globalization written by Rolph van der Hoeven and published by Routledge. This book was released on 2013-09-13 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The nature of globalization and the fallout from the international financial crisis have brought profound changes to societies and economies around the world. This book documents that, over the last two decades, the growth of nonstandard and informal employment has led to greater inequalities. This is partly explained by the fact that adjustment policies in the 1980s, market liberalization policies in the 1990s and, more recently, globalization and anti-poverty policies did not pay sufficient attention to policies for employment and income redistribution. As a response to these trends, this book recommends the development of clearer policies for employment and income redistribution. These policies should now become an integral part of national and international economic policy making. This is even more relevant in the current context of the international financial crisis as: Several elements of globalization, especially the unfettered markets, and the growing inequality have given cause to the current crisis and, There is growing evidence that the employment, human and social effects of the financial crisis will be felt well after an economic recovery has taken place, especially if no corrective action is taken. This volume will be of benefit to policymakers, scholars and practitioners alike. This book was published as a special issue of the Journal of Human Development and Capabilities.
Download or read book Generating Inequality written by Lester C. Thurow and published by . This book was released on 1975-12-15 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph analysing distribution mechanisms in the USA by means of two economic models favoured over marginal productivity theory - discusses income distribution, employment opportunities, equal opportunities, competition, wages, and employment, examines the market system in general, the distribution of wealth, and economic policy implications. Graphs and references.
Download or read book Education Inequality and Development in a Dual Economy written by Kazuhiro Yuki and published by . This book was released on 2014 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a dynamic dual-economy model and examines how the long-run outcome of an economy depends on the initial distribution of wealth and sectoral productivity.It is shown that, for fast transformation into a developed economy, the initial distribution must be such that extreme poverty is not prevalent so that most people can take education to acquire basic skills and the size of “middle class” is enough so that an adequate number of people can access education to acquire advanced skills. Both conditions seem to have held in successful East Asian nations, where, as in the model economy undergoing such transformation, the fraction of workers with advanced skills rose greatly and inequalities between these workers and others fell over time. In contrast, if the former condition holds but the latter does not, which would be the case for many nations falling into “middle income trap”, consistent with facts, the fraction of workers with basic skills and the share of the modern sector rise, but inequality between workers with advanced skills and with basic skills worsens and the traditional sector remains for long periods. If the former condition does not hold, which would be true for poorest economies, the dual structure and large inequality between workers without basic skills and others persist for very long periods. Consistently, Hanushek and Woessmann (2009) find that both the share of students with basic skills and that of top performance have significant effects on economic growth that are complementary each other.
Download or read book Income Inequality in the post industrial Metropolis written by Hilary Freda Silver and published by . This book was released on 1984 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book North South Trade Employment and Inequality written by Adrian Wood and published by Clarendon Press. This book was released on 1994-02-17 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on three fields of economics (international, labour, and development), this study shows that expansion of North-South trade in manufactures has had a far greater impact on labour markets than earlier work suggested. In the South, unskilled workers have benefited most from this trade, but in the North, the gains have been concentrated on skilled labour, while unskilled workers have suffered falling wages and rising unemployment. This decline in the economic position of unskilled workers has increased inequality, and aggravated crime and other forms of social erosion, on both sides of the Atlantic. The failure of Northern governments to recognize that trade with the South has these adverse side-effects, and to take appropriate counter-measures, has fuelled the rise of protectionism - the worst possible response, which slows economic progress in both regions. The best solution for the longer term in the North is more investment in education, to raise the supply of skilled labour. However, the benefits of this investment will emerge slowly. During the next one or two decades, Professor Wood argues, other measures are also urgently needed to boost the demand for, and incomes of, unskilled workers.
Download or read book Poverty Inequality and Development written by Gary S. Fields and published by CUP Archive. This book was released on 1980-12-31 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph focusing on income distribution as the primary measurement value for economic development comparison and poverty assessment - discusses concepts relating to equality and distribution, presents a welfare economic analysis of dual economy, and considers inequality trends in both developing countries and developed countries as well as distributional aspects of development in terms of absolute income and absolute poverty. Bibliography pp. 258 to 272 and graphs.
Download or read book Can International Factor Mobility Reduce Wage Inequality in a Dual Economy written by Hamid Beladi and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the consequences of international factor movements on the skilledunskilled wage inequality in a dual-economy set-up that includes unemployment and three intersectorally mobile factors of productionunskilled labor, skilled labor, and capital. Thus far, theoretical literature on this subject has adopted the full-employment framework and hence ignored the problem of unemployment. The analysis in this paper reveals that the results crucially depend on the difference in the intersectoral factor intensities between skilled labor and capital. In particular, it demonstrates the existence of a possibility of deterioration in wage inequality following foreign unskilled-labor inflow.
