Social polarization vs income polarization: An international comparison
This paper tackles the issues of social polarization and income polarization in several North American, European and Australian countries in the perspective of redistribution patterns. Presenting a simple theoretical framework, we argue that comparing both types of polarization can help predict the level of redistribution in those countries. We thus propose an accuracy test that consists in predicting a redistribution ordering between countries and compare it with the observed one. Only countries where social polarization ranking and income polarization ranking differ are considered. As a result, we find that our prediction is accurate for about 70% of these pairs of countries.
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- Thomas Piketty, 1994.
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94-15, Massachusetts Institute of Technology (MIT), Department of Economics.
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NBER Working Papers
5658, National Bureau of Economic Research, Inc.
- Jean-Yves Duclos & Damien Echevin, 2003.
Cahiers de recherche
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- Allison, R. Andrew & Foster, James E., 2004. "Measuring health inequality using qualitative data," Journal of Health Economics, Elsevier, vol. 23(3), pages 505-524, May.
- Arnaud Lefranc & Alain Trannoy, 2004. "Intergenerational earnings mobility in France : Is France more mobile than the US ?," IDEP Working Papers 0401, Institut d'economie publique (IDEP), Marseille, France, revised Feb 2004.
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