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Economic inequality, an introduction

Author

Listed:
  • Maurizio Franzini

    () (Università di Roma “La Sapienza”)

  • Mario Pianta

    () (Department of Economics, Università di Urbino "Carlo Bo")

Abstract

In this paper we offer an introductory exploration of inequality, considering how political economy has analysed economic inequality. Its roots in market processes and in the functional distribution of income are investigated, considering the role of human capital, technological change and globalisation, and the relevance of intergenerational inequalities. We then consider the impact that public policies can have on inequalities through taxation, welfare expenditures, the provision of public services, redistribution and other actions.

Suggested Citation

  • Maurizio Franzini & Mario Pianta, 2011. "Economic inequality, an introduction," Working Papers 1102, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2011.
  • Handle: RePEc:urb:wpaper:11_02
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    File URL: http://www.econ.uniurb.it/RePEc/urb/wpaper/WP_11_02.pdf
    File Function: First version, 2011
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    More about this item

    Keywords

    Inequality; Distribution; Welfare.;

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D33 - Microeconomics - - Distribution - - - Factor Income Distribution
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs

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