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1
UID:
gbv_825922852
Format: 1 Online-Ressource (2251 Seiten)
Edition: Online-Ausg.
ISBN: 9780444594761 , 0444594760
Series Statement: Handbooks in economics 16
Content: Annotation, What new theories, evidence, explanations, and policies have shaped our studies of income distribution in the 21st century? Tony Atkinson and Francois Bourguignon assemble the expertise of leading authorities in this survey of substantive issues
Note: Includes bibliographical references and index. - CIP data; item not viewed , Cover image; Title page; Table of Contents; Introduction to the Series; Volume 2A: Handbook of Income Distribution; Volume 2B: Handbook of Income Distribution; Copyright; Contributors; Introduction: Income Distribution Today; 1 Setting the Scene; 2 Different Facets of Inequality; 3 Data on Inequality; 4 Taking Economic Theory Seriously; 5 The Role of Policy; Acknowledgments; Acknowledgments; Volume 2A; Part I. Concept and Approaches; Chapter 1: The Principal Problem in Political Economy: Income Distribution in the History of Economic Thought; Abstract; 1.1 Introduction , 1.2 The Positive Economics of Income Distribution1.3 Value Judgments and Redistribution; 1.4 Concluding Reflections; Acknowledgments; Chapter 2: Inequality, Income, and Well-Being; Abstract; 2.1 Introduction; 2.2 A Brief Historical Sketch; 2.3 Inequality of What?; 2.4 Multidimensional Inequality and Dominance; 2.5 Applications; 2.6 Conclusion; Acknowledgment; Chapter 3: Multidimensional Poverty and Inequality; Abstract; 3.1 Introduction; 3.2 Preliminaries: Dimensions, Indicators, and Weights; 3.3 Multidimensional Poverty Measurement; 3.4 Multidimensional Inequality Measurement , 3.5 Summary and ConclusionsAcknowledgments; Chapter 4: Equality of Opportunity; Abstract; 4.1 Introduction; 4.2 Egalitarian Political Philosophy Since Rawls; 4.3 A Model and Algorithm for Equal-Opportunity Policy; 4.4 A More General Approach; 4.5 The Fleurbaey-Maniquet Approach; 4.6 Economic Development; 4.7 Dynamics; 4.8 Preparing the Ground for Empirical Analysis; 4.9 Do People Advocate EOp? Lessons from Questionnaires and Experiments; 4.10 Inequality of Opportunity: Measurement Issues and Empirical Results; 4.11 Results; 4.12 Conclusion; Acknowledgments; Chapter 5: Polarization; Abstract , 5.1 Introduction5.2 Motivation; 5.3 Notation; 5.4 Income Polarization; 5.5 Bipolarization; 5.6 Social Polarization; 5.7 Socioeonomic Polarization; 5.8 Multidimensional Polarization; 5.9 Polarization in Practice; 5.10 Conclusion; Acknowledgments; Chapter 6: Statistical Methods for Distributional Analysis; Abstract; 6.1 Introduction; 6.2 Data; 6.3 Density Estimation; 6.4 Welfare Indices; 6.5 Distributional Comparisons; 6.6 Other Estimation Problems; 6.7 Conclusions; Acknowledgments; Part II. Evidence; Chapter 7: Long-Run Trends in the Distribution of Income and Wealth; Abstract , 7.1 Introduction7.2 Long-Run Trends in Income Inequality; 7.3 Long-Run Trends in Wealth Inequality; 7.4 Determinants of Long-Run Trends in Inequality; 7.5 Summary and Concluding Remarks; Appendix; Acknowledgments; Chapter 8: Post-1970 Trends in Within-Country Inequality and Poverty: Rich and Middle-Income Countries; Abstract; 8.1 Introduction; 8.2 Choosing a Yardstick and Its Components; 8.3 Poverty Measurement and Trends; 8.4 Inequality in Income; 8.5 Summary and Conclusions; Acknowledgments; Chapter 9: Recent Trends in Inequality and Poverty in Developing Countries; Abstract , 9.1 Introduction
Additional Edition: ISBN 0444594760
Additional Edition: ISBN 9780444594303
Additional Edition: ISBN 9780444594761
Additional Edition: Print version Handbook of Income Distribution SET vols. 2A-2B
Language: English
Subjects: Economics
RVK:
Keywords: Einkommensverteilung ; Electronic books
URL: Volltext  (Deutschlandweit zugänglich)
URL: Volltext  (Deutschlandweit zugänglich)
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Author information: Bourguignon, François 1945-
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Associated Volumes
  • 2
    UID:
    gbv_1831650665
    ISBN: 9780444594761
    In: Handbook of income distribution, Amsterdam : North Holland, 2015, (2015), Seite lxv, 9780444594761
    In: 0444594760
    In: year:2015
    In: pages:lxv
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 3
    UID:
    gbv_1831650797
    ISBN: 9780444594761
    Content: This chapter considers the history of theories of income distribution, from the time of Adam Smith until the 1970s. It is divided into two main parts. Part I considers the positive theory of income distribution, beginning with the classical economists’ analysis of the functional distribution of income between wages, profits, and rent. It goes on to present the new theories that emerged with the marginalist revolution and which were based on maximizing behavior and market equilibrium. The main focus during the early stages of the new developments was on the markets for consumer goods and the role of marginal utility in price determination. The later neoclassical economists, including Alfred Marshall and Knut Wicksell, paid more attention to the special features that characterized the labor market and the role of marginal productivity in wage formation. In the twentieth century, the neoclassical theory was extended to include analysis of the role of imperfect competition, human capital, and risk-taking. Also included in this part of the chapter is a discussion of statistical and institutional approaches. Part II covers normative theories of income distribution and their implications for redistributive policy. It begins with a consideration of the value judgments implicit in the policy recommendations of the classical economists and continues with the attempts to establish an analytical foundation for welfare economics. The rise of Paretian welfare theory with its emphasis on the impossibility of interpersonal comparisons of utility made it difficult to draw conclusions regarding income redistribution, but the older utilitarian approach, including equal sacrifice theories, continued to live on in the modern analysis of optimal redistribution. A short Part III contains some concluding reflections on the position of income distribution theory within economics as a whole.
    In: Handbook of income distribution, Amsterdam : North Holland, 2015, (2015), Seite 3-65, 9780444594761
    In: 0444594760
    In: year:2015
    In: pages:3-65
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 4
    UID:
    gbv_1831650703
    ISBN: 9780444594761
    Content: We survey the literature on income mobility, aiming to provide an integrated discussion of mobility within and between generations. We review mobility concepts, descriptive devices, measurement methods, data sources, and recent empirical evidence.
    In: Handbook of income distribution, Amsterdam : North Holland, 2015, (2015), Seite 807-935, 9780444594761
    In: 0444594760
    In: year:2015
    In: pages:807-935
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 5
    UID:
    gbv_183165069X
    ISBN: 9780444594761
    Content: This chapter investigates recent advances in our understanding of the global distribution of income, and produces the first estimates of global inequality that take into account data on the incomes of the top one percent within countries. We discuss conceptual and methodological issues – including alternative definitions of the global distribution, the use of household surveys and national accounts data, the use of purchasing power parity exchange rates, and the incorporation of recently available data on top incomes from income tax records. We also review recent attempts to estimate the global distribution of income. Our own estimates combine household survey data with top income data, and we analyze various aspects of this distribution, including its within- and between-country components, and changes in relative versus absolute global inequality. Finally, we examine global poverty, which is identified through the lower end of the global distribution.
    In: Handbook of income distribution, Amsterdam : North Holland, 2015, (2015), Seite 937-979, 9780444594761
    In: 0444594760
    In: year:2015
    In: pages:937-979
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 6
    UID:
    gbv_1831650681
    ISBN: 9780444594761
    Content: The chapter examines how the various dimensions of economic inequality between men and women are analyzed today. Beyond the gender wage gap—a central issue—and of course the still far from equal sharing of housework, the chapter also reviews research on gender inequality in access to self-employment, the gender gap in pensions, and the emerging topic of a gender gap in wealth, attempting to highlight the paths between the various facets of gender inequality. Throughout the review, much attention is paid to measurement issues, the scope of empirical evidence, and to limitations due either to the small number of large and comparable data sets or to conventional approaches that limit the possibilities to compare men and women.
    In: Handbook of income distribution, Amsterdam : North Holland, 2015, (2015), Seite 981-1146, 9780444594761
    In: 0444594760
    In: year:2015
    In: pages:981-1146
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 7
    UID:
    gbv_1831650673
    ISBN: 9780444594761
    Content: We review the survey and experimental findings in the literature on attitudes to income inequality. We interpret the latter as any disparity in incomes between individuals. We classify these findings into two broad types of individual attitudes toward the income distribution in a society: the normative and the comparative view. The first can be thought of as the individual's disinterested evaluation of income inequality; on the contrary, the second view reflects self-interest, as individuals’ inequality attitudes depend not only on how much income they receive but also on how much they receive compared to others. We conclude with a number of extensions, outstanding issues, and suggestions for future research.
    In: Handbook of income distribution, Amsterdam : North Holland, 2015, (2015), Seite 1147-1208, 9780444594761
    In: 0444594760
    In: year:2015
    In: pages:1147-1208
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 8
    UID:
    gbv_1831650606
    ISBN: 9780444594761
    Content: We revise some of the main ways in which the study of aggregate performance of an economy overlaps with the study of inequality.
    In: Handbook of income distribution, Amsterdam : North Holland, 2015, (2015), Seite 1229-1302, 9780444594761
    In: 0444594760
    In: year:2015
    In: pages:1229-1302
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 9
    UID:
    gbv_1831650592
    ISBN: 9780444594761
    Content: This chapter offers an overview of the empirical and theoretical research on the long-run evolution of wealth and inheritance. Wealth–income ratios, inherited wealth, and wealth inequalities were high in the eighteenth to nineteenth centuries up until World War I, then sharply dropped during the twentieth century following World War shocks, and have been rising again in the late twentieth and early twenty-first centuries. We discuss the models that can account for these facts. We show that over a wide range of models, the long-run magnitude and concentration of wealth and inheritance are an increasing function of r ¯ − g where r ¯ is the net-of-tax rate of return on wealth and g is the economy's growth rate. This suggests that current trends toward rising wealth–income ratios and wealth inequality might continue during the twenty-first century, both because of the slowdown of population and productivity growth, and because of rising international competition to attract capital.
    In: Handbook of income distribution, Amsterdam : North Holland, 2015, (2015), Seite 1303-1368, 9780444594761
    In: 0444594760
    In: year:2015
    In: pages:1303-1368
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 10
    UID:
    gbv_1831650584
    ISBN: 9780444594761
    Content: Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element of the distribution of welfare that can vary dramatically depending on overall environmental and economic factors. Thus, measures of inequality that ignore intrahousehold allocations are both incomplete and misleading. We discuss determinants of intrahousehold allocation of resources and welfare. We show how the sharing rule, which characterizes the within-household allocations, can be identified from data on household consumption and labor supply. We also argue that a measure based on estimates of the sharing rule is inadequate as an approach that seeks to understand how welfare is distributed in the population because it ignores public goods and the allocation of time to market work, leisure, and household production. We discuss a money metric alternative, that fully characterizes the utility level reached by the agent. We then review the current literature on the estimation of the sharing rule based on a number of approaches, including the use of distribution factors as well as preference restrictions.
    In: Handbook of income distribution, Amsterdam : North Holland, 2015, (2015), Seite 1369-1418, 9780444594761
    In: 0444594760
    In: year:2015
    In: pages:1369-1418
    Language: English
    URL: Volltext  (Deutschlandweit zugänglich)
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