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 labour unions affect inequality dynamics robustly.
| Identifer | oai:union.ndltd.org:VIENNA/oai:epub.wu-wien.ac.at:4529 |
| Date | 03 1900 |
| Creators | Roser, Max, Crespo Cuaresma, Jesus |
| Publisher | Wiley |
| Source Sets | Wirtschaftsuniversität Wien |
| Language | English |
| Detected Language | English |
| Type | Article, PeerReviewed |
| Format | application/pdf |
| Relation | http://dx.doi.org/10.1111/roiw.12153, http://onlinelibrary.wiley.com, http://epub.wu.ac.at/4529/ |
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