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  1. Inequality and growth
    how social mobility reshapes the main theoretical channels
    Author: Campomanes, Ignacio
    Published: 2022 January
    Publisher:  ECINEQ, Society for the Study of Economic Inequality, [Verona]

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 726
    Inter-library loan:
    No inter-library loan
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper series / ECINEQ, Society for the Study of Economic Inequality ; 599 (2022)
    Subjects: Inequality; Social Mobility; Economic Growth; Taxation
    Scope: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  2. Wealth inequality and social mobility
    a simulation-based modelling approach
    Author: Yang, Xiaoliang; Zhou, Peng
    Published: February 2022
    Publisher:  Cardiff Business School, Cardiff University, Cardiff, United Kingdom

    We design a series of simulation-based thought experiments to deductively evaluate the causal effects of various factors on wealth inequality (the distribution) and social mobility (dynamics of the distribution). We find that uncertainty per se can... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 159
    Inter-library loan:
    No inter-library loan

     

    We design a series of simulation-based thought experiments to deductively evaluate the causal effects of various factors on wealth inequality (the distribution) and social mobility (dynamics of the distribution). We find that uncertainty per se can lead to a “natural” degree of inequality and returns-related factors contribute more than earnings-related factors. Based on these identified factors, we construct an empirical, hybrid agent-based model to match the observed wealth inequality measures of the G7 countries and China. The estimated model can generate a power-law wealth distribution for the rich and a positively sloped intra-generational Great Gatsby curve. We also demonstrate how this hybrid model can be extended to a wide range of questions such as redistributive effects of tax and finance.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/261231
    Series: Cardiff economics working papers ; no. E2022, 3
    Subjects: Wealth Inequality; Social Mobility; Agent-Based Model
    Scope: 1 Online-Ressource (circa 46 Seiten), Illustrationen