Globalisation, inequality and redistribution
AbstractThe present paper seeks to explain the pattern of income redistribution in a globalised world of increased market income inequality and lower costs of factor mobility. In some countries, larger market income inequality has been met by an increased redistributive effort, thus keeping the distribution of disposable incomes relatively stable. In other countries, larger market inequality has been accompanied by a reduction in transfers, thus leading to growth in disposable income inequality. In our model, the initial level of market income inequality is crucial in explaining how an increase in this variable affects redistribution.
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Bibliographic InfoPaper provided by Oslo University, Department of Economics in its series Memorandum with number 16/2004.
Length: 17 pages
Date of creation: 27 Oct 2004
Date of revision:
Contact details of provider:
Postal: Department of Economics, University of Oslo, P.O Box 1095 Blindern, N-0317 Oslo, Norway
Phone: 22 85 51 27
Fax: 22 85 50 35
Web page: http://www.oekonomi.uio.no/indexe.html
More information through EDIRC
Globalisation; Inequality; Redistribution; Majority voting;
Other versions of this item:
- Bjorvatn, Kjetil & Cappelen, Alexander W., 2004. "Globalisation, inequality and redistribution," Center for European, Governance and Economic Development Research Discussion Papers 33, University of Goettingen, Department of Economics.
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
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