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A game of wealth inequality : A Monte Carlo simulation of wealth inequality using MonopolyLien Oskarsson, Mathias January 2019 (has links)
The debate of economic inequality is long-lived and have in the recent years come to be reignited. Although there is little research that supports fully eradicating wealth inequality, the subject of appropriate levels of inequality is an extensively discussed matter. This paper uses a model based upon the board game Monopoly to discuss the drivers of wealth inequality, and study the effect of introducing georgistic, income and wealth taxation respectively in the game. Using iterated simulations the results yielded display evidence of wealth and georgistic taxation having a noteworthy impact on wealth inequality at certain stages of the game. Additionally, correctly specified income taxation yields notable results. Despite the model’s simplicity, the results found share interesting similarities with empirical evidence.
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Armut in GeorgienGabidsaschwili, B., Gelaschwili, Simon January 2007 (has links)
Poverty is currently wide spread in Georgia. This paper is dedicated to an analysis of the causes, the extent and the intensity of poverty in Georgia. With a strong focus on the period after Shevardnadze’s presidency, the paper shows how poverty has grown in the past 15 years. In spite of a rising per capita income, the variance within the distribution of income is also increasing. The widening gap between high and low incomes represents a danger for the Georgian society and is associated with high unemployment rates, a lack of education for entire societal strata and rising criminality. In addition, high inflation rates affect mainly low income groups. Apparently, the Rose Revolution of 2003 did not lead to an attenuation of poverty but rather intensified it.
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The Research on Performance Related Pay Legal System in the Mainland China RegionLin, Fong-Song 16 August 2011 (has links)
From establishing government in 1949, Communist Party of China had pursuing a socialist system. However, over-emphasis on equal distribution lead to the individual income and the individual performance are not proportional, so that the mainland China was under the circumstances of "usually used in negative two half kilogram," and was near to the border of collapse. After Deng Xiaoping came back to power, threw away the past ideology of equal distribution, and he changed the economic system. China's economy began to advance by leaps and bounds. Nowadays, the mainland China¡¦s eco-nomic potentiality has surpassed Japan and it becomes the second economy which is only inferior to the U.S. economy. However, in so dazzling economic performance of mainland China's, the achievement of economic growth is not generally reflected in the labor standards on wages, The wages of workers in China still ranked among the last level of the world's wage classes. However, the average wage in the low social workers, the Gini coefficient is close to the bottom line of social tolerance. That is, how to set up wage growth mechanism, straighten out the relationship between income distribution has became a top priority of mainland authorities. This pay for performance system for the mainland legal system are based on the mainland of the State Council "pay for per-formance on the compulsory school system guidance," analysis to explore the subject, to be addressed.
This paper is divided into seven chapters around: Chapter 1 Introduction, describes the study of this motivation, purpose, scope, methods, limits, and proposed research framework. Chapter 2 is to explore the mainland of the basic principles of pay for per-formance system, Chapter 3 of the mainland of the administrative organization of pay for performance system. Chapter 4 is to explore the mainland China of pay for perfor-mance system administrative privileges. Chapter 5and Chapter 6,are respectively to ex-plore the mainland China of performance pay system and monitoring of relief, and in Chapter 7 are conclusions and recommendations of pay for performance system
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Income Growth and Income Inequality in Danish MunicipalitiesLindell, Mattias January 2017 (has links)
Income growth and income inequality is an important theme in Economic research. It has been debated for decades whether income inequality hinders or enhances income growth. One of the classic models of this relationship was the Kuzenets curve which shows inequality against income per capita can be defined by an inverted U-shaped curve, over a period of time. The purpose of the paper is to see to see the relationship between income growth and inequality on a municipality level. To do this, four econometric panel data models were constructed with data gathered from Statbank Denmark. Log of income was used as the dependent variable and different measures of inequality were used as independent variables among other variables (public expenditure, education, population density, demographic composition, taxation). Results from these models show how income growth is positively related to income inequality, with vastly higher growth at the top end of the income distribution in Denmark. The implications of these findings can show that a trade-off between income inequality and income growth is not true, and it is possible that both variables work in tandem. Other factors such as education and demographic composition were also positively correlated with income growth, while other factors, such as taxation, were statistically insignificant. Comprehensive research on inequality and income growth at a municipality level is sparse, especially in the case of Denmark. Thus, this study contributes to research in regional economics.
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Effect of income inequality on quality of tertiary education: Should professors from Cambridge thank to Robin Hood? / Impact of income inequality on quality of tertiary education: Should professors from Cambridge thank to Robin Hood?Jedlička, Roman January 2013 (has links)
Many factors influence quality of higher education. Current research mostly works with economic factors (GDP, higher education expenditures etc.). However, there are also publications that examine an impact of sociological aspects on quality of higher education. My research examined the impact of income inequality on quality of tertiary education. In the analysis of socioeconomic data of 76 countries I have proven that there is no linear relationship between income inequality and quality of tertiary education. According to my results the size of population, GDP per capita and being English speaking country are main drivers of quality of tertiary education. Modified model without outliers also shows that there is a positive effect of R&D expenditures on quality of tertiary education.
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Finanční situace domácností / Financial Situation of HouseholdsŠevčík, Zdeněk January 2012 (has links)
The aim of this work is to analyze and assess the financial situation of households in the Czech Republic in the period 2005 to 2009. The work also focuses on the assessment of the financial situation of households made up of unemployed and incomplete families with children. Additional analyses deal with the age aspect, municipality size and level of education of head of household. Then I will calculate the Gini coefficient and construct the Lorenz curve for the entire period 2005 - 2009 and regionally for year 2009.
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A Comparison of Permanent and Measured Income InequalityMcHargue, Susan L. (Susan Layne) 08 1900 (has links)
The degree of inequality present in the distribution of income may be measured with a gini coefficient. If the distribution is found to empirically fit a particular distribution function, then the gini coefficient may be derived from the mean value of income and the variation from the mean. For the purpose of this study, the Beta II distribution was used as the function which most closely approximates the actual distribution of income. The Beta II function provides the skewness which is normally found in an income distribution as well as fulfilling other required characteristics. The degree of inequality was approximated for the distribution of income from all sources and from ten separate components of income sources in constant (1973) dollars. Next, permanent income from all sources and from the ten component sources was estimated based upon actual income using the double exponential smoothing forecasting technique. The estimations of permanent income, which can be thought of as expected income, were used to derive measures of permanent income inequality. The degree of actual income inequality and the degree of permanent income inequality, both being represented by the hypothetical gini coefficient , were compared and tested for statistical differences. For the entire period under investigation, 1952 to 1979, the net effect was no statistically significant difference between permanent and actual income inequality, as was expected. However, significant differences were found in comparing year by year. Relating permanent income inequality to the underlying, structural inequality present in a given distribution, conclusions were drawn regarding the role of mobility in its ability to alter the actual distribution of income. The impact of business fluctuations on the distribution of permanent income relative to the distribution of actual income was studied in an effort to reach general conclusions. In general, cyclical upswings tend to reduce permanent inequality relative to actual inequality. Thus, despite the empirically supported relationship between income inequality and economic growth, it would appear that unexpected growth tends to favor a more equal distribution of income.
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Income Inequality and Support for the Populist Radical-Right : A panel data study of the Gini coefficient and the support for the Sweden Democrats covering the election years from 2002 to 2014Holmberg, Isabelle, Simon, Isabel January 2020 (has links)
Over the past two decades there has been a significant increase in the support for radical-right populist parties in Europe. Simultaneously the income inequality has been rising. The aim of this thesis is to examine how income inequality affects the support for populist radical-right parties. To achieve this, we study the support for the Sweden Democrats, a radical-right populist party, and income inequality measured as the Gini coefficient. Using Swedish municipality level panel data of the election years from 2002 to 2014, a fixed effects-method is employed to examine the relationship between the Gini coefficient and support for the Sweden Democrats. Interestingly, the results show a robust statistically significant negative relationship between income inequality and support for the Sweden Democrats. Thus, our findings indicate that increased inequality decreases the support for the Sweden Democrats.
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The effect of financial development on income inequality in Africa : Looking for a needle in a haystack?Chimboza, Milcent January 2014 (has links)
This paper investigates the effect of financial development on income inequality in 20 African countries. Theory and a growing number of empirical studies suggest that the former exerts a negative impact on the latter by enabling low-income holders to undertake income-enhancing education and business investments, thereby promoting a tighter income distribution. However, using the share of GDP constituted by domestic credit to the private sector and broad money respectively as proxies for financial development, the results of this study fail to give significant evidence of this income-equalising effect. Given the heterogeneous nature of the economies studied here and the fact that data quality and quantity improve over time, it is believed that country-specific studies and future research can offer more conclusive results on how financial development influences income distribution in the African context. This would also provide a stronger foundation for policy recommendations in the continent’s plight to address the persistent high levels of income inequality.
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Penningpolitik och ekonomisk ojämlikhet : Finns ett kausalt samband mellan styrränta och ekonomisk ojämlikhet?Sjöström, Felicia January 2024 (has links)
Recent decades, growing trends in economic inequality have been observed across the world. While the underlying causes are many, there is a recent and growing field of research discussing the potential effects that changes in policy rates and other kinds of economic policy may have on economic inequality. While results among the existing pool of research varies, there seems to be a common perception that economic policy, and changes in policy rates in particular, does affect economic inequality. By conducting a panel data study of 34 countries over the course of 30 years, this thesis finds significant decreases in economic equality, measured using 3 different inequality measurements, following increases in the policy rate. The effects are similar in magnitude for all inequality measurements, however, due to the estimated effects being extremely small in relation to the context, the economic significance is initially questioned. By further analyzing the effects in terms of standard deviations, the thesis finds that estimated effects are of reasonable magnitude, and thus, the economic significance of the study is confirmed.
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