Inequality Redistribution and Mobility 1st Edition by Juan Gabriel Rodríguez, John Bishop ISBN 1800430396 9781800430396

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Product details:

ISBN 10: 1800430396

ISBN 13: 9781800430396

Author:  Juan Gabriel Rodríguez, John A. Bishop 

Inequality, Redistribution and Mobility 1st Edition: Research on Economic Inequality is a well-established publication of quality research. This 28th volume features insightful and original papers from the 8th Society for the Study of Economic Inequality (ECINEQ) meeting.
The first paper of this volume illustrates the trajectory of income inequality in wealthy countries over the course of recent decades, while the second carries out a comprehensive assessment of income redistribution through taxes and transfers across OECD countries over the last two decades. The next two papers cover the topic of income mobility, one interpreting the Bartholomew index of mobility in terms of a directional mobility index, and the second providing a framework for the measurement of income mobility over a range of time periods. A fifth paper studies the potential equalization of rising educational attainment. The next paper investigates the effect the number of children within different age groups has on poverty. In the seventh, it is shown that a social planner who seeks to efficiently reduce the aggregate relative deprivation of the population, coincides with the Rawlsian social planner. Finally, the last paper generalizes the Oaxaca-Blinder approach to measure wage discrimination under imperfect information.

 

Inequality, Redistribution and Mobility 1st Edition Table of contents:

Chapter 1: Inequality and Real Income Growth for Middle- and Low-Income Households Across Rich Countries

1. Introduction

2. Measuring Income Inequality and Income Growth Across Rich Countries in Recent Decades

3. What Has Happened to Income Inequality?

4. Growth in Middle Incomes

5. Inequality and Middle-Income Growth

6. GDP Growth and Growth in Middle Incomes

7. Inequality, Growth, and Real Incomes of the Poor

8. Sources of Growth for Middle and Lower Incomes and Their Relationship With GDP Growth

9. The Implications for Monitoring and Promoting Progress

10. References

Chapter 2: Income Redistribution through Taxes and Transfers across OECD Countries

1. Introduction

2. Data, Defining, and Measuring Redistribution

3. Redistribution in the Tax-Transfer System as a Whole

   • 3.1. An Assessment of Levels and Changes in Redistribution

   • 3.2. Redistribution Across Different Income Groups

   • 3.3. The Impact of Aging and Rising Senior Employment on Measured Changes in Redistribution

4. Redistribution in Different Parts of the Tax-Transfer System

   • 4.1. The Relative Role of Income Taxes, Social Security Contributions, and Cash Transfers in Reducing Inequality

   • 4.2. The Role of Tax Progressivity and Transfer Targeting

5. Changes in Redistribution to the Bottom 40%

6. Wrapping-Up

7. References

Chapter 3: Measuring Directional Mobility: The Bartholomew and Prais-Bibby Indices Reconsidered

1. Introduction, Motivations, and Objectives

2. Literature Review

3. A New Mobility Ordering

4. Bartholomew Directional Mobility Indices

   • 4.1. Background

   • 4.2. Bartholomew Upward Mobility Index

   • 4.3. Bartholomew Downward Mobility Index

5. An Empirical Illustration

   • 5.1. Application of Upward Mobility

   • 5.2. Monotonicity, Dominance, and UMFSA

6. A Bayesian Approach and the Prais–Bibby Index

7. Conclusion

8. References

Chapter 4: On the Measurement of Multi-Period Income Mobility

1. Introduction

2. A New Approach to Measuring Multi-Period Mobility

   • 2.1. The Basic Setting

   • 2.2. Desirable Properties of a Multi-Period Mobility Index

   • 2.3. Multi-Period Mobility Partial Orderings with an Absolute Lorenz Curve

   • 2.4. Satisfaction of Other Desirable Properties

   • 2.5. Examples of Multi-Period Mobility Indices Based on Absolute Inequality Indices

   • 2.6. Connection to Previous Measurement Proposals in the Literature

     • 2.6.1. The Shorrocks Multi-Period Mobility Indices

     • 2.6.2. The Maasoumi and Zandvakili Mobility Indices

     • 2.6.3. The Mobility Indices of Tsui (2009)

3. An Empirical Application: Multi-Period Mobility in European Countries

   • 3.1. Data Description

   • 3.2. Results

4. Concluding Comments

5. References

Chapter 5: Rising Educational Attainment and Opportunity Equalization: Evidence from France

1. Introduction

2. Testing the Opportunity Equalizing Effect of Educational Expansion

   • 2.1. Estimating the Returns to Educational Expansion

   • 2.2. Simulating the Effect of Educational Expansion on the Earnings Distribution

   • 2.3. Testing Equalization of Opportunity

3. Data and Estimation Procedure

   • 3.1. Data

   • 3.2. Identification and Estimation

4. Results

5. Conclusions

6. References

Chapter 6: Household Size and Poverty

1. Introduction

2. Poverty and Household Size: The Effect of Having Children

3. Data and Descriptive Statistics

4. Econometric Model

5. Results

6. Simulations

7. Conclusion

8. References

9. Appendix

Chapter 7: An Economics-Based Rationale for the Rawlsian Social Welfare Program

1. Introduction

2. The Rawlsian Social Welfare Function

3. Aggregate Relative Deprivation

4. The Algorithm of Minimizing ARD

5. Congruence of the Algorithm with the Rawlsian Social Welfare Program

6. Conclusion

7. References

Chapter 8: The Measurement of Wage Discrimination with Imperfect Information: A Finite Mixture Approach

1. Introduction

2. The Traditional Empirical Framework

3. A Finite Mixture Model to Measure Wage Discrimination

4. Empirical Illustration

5. Conclusions and Discussion

6. References

 

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