Growing Income Inequalities [electronic resource] : Economic Analyses /
Hellier, J.editor.
Chusseau, N.editor.
This book explores the widening gap between the wage packets of skilled and unskilled workers that has become a pressing issue for all states in the globalized world economy. Comparing the experiences of more and less developed economies, chapters analyse the underlying causes and key social changes that accompany income inequality.
Description based upon print version of record.
Cover; Half-Title; Title; Copyright; Dedication; Contents; List of Tables; List of Figures; Notes on Contributors; Introduction and Overview; Part I Where Do We Stand? Why Is It So?; 1 Growing Income Inequalities in Advanced Countries; 1.1 Introduction; 1.2 Stylized facts; 1.2.1 Growing wage inequality; 1.2.2 Growing income inequality; 1.2.3 Globalization and North-South trade; 1.2.4 A major technological change; 1.2.5 Changes in labour market institutions: more flexibility; 1.2.6 Changes in the labour supply: a general skill upgrading; 1.3 The demand-supply-institution framework
1.4 The three explanations and their empirical relevance1.4.1 North-South trade and globalization; 1.4.2 Exogenous skill-biased technological change; 1.4.3 Changes in (labour market) institutions; 1.4.4 Taxes; 1.5 Combined explanations; 1.5.1 Trade-induced technological change; 1.5.2 Skill supply-induced technological change; 1.5.3 Institution-induced technological change; 1.5.4 Technology-induced offshoring; 1.5.5 Labour market polarization and trade-in-tasks models; 1.6 Concluding remarks; 2 Inequality in Emerging Countries; 2.1 Introduction
2.2 Inequality in emerging countries: what the data say2.2.1 Asian countries; 2.2.2 Latin America; 2.2.3 Other emerging countries; 2.2.4 An inconclusive diagnosis; 2.3 Traditional explanations: Kuznets versus Heckscher-Ohlin; 2.3.1 Kuznets' prediction: the inverted-U inequality curve; 2.3.2 The HOS prediction: decreasing inequality; 2.3.3 The combination of both explanations; 2.4 New explanations; 2.4.1 The cornering of new skill-intensive goods; 2.4.2 Technological transfers; 2.4.3 Changes in the sectoral structure with non-tradable goods; 2.4.4 FDI and capital imports from the North
2.4.5 Intermediate emerging countries2.4.6 Growing South and technological catching up; 2.4.7 Assessment; 2.5 Empirical evidence; 2.5.1 Methods; 2.5.2 Assessing the Kuznets hypothesis; 2.5.3 Overall estimations; 2.5.4 Asian countries; 2.5.5 Latin America; 2.5.6 Other countries; 2.6 Conclusion; 3 The Working Poor; 3.1 Introduction; 3.2 The working poor: definitions; 3.2.1 Poverty and activity; 3.2.2 The two-level definition of in-work poverty; 3.2.3 American versus European definition; 3.3 Empirical analyses: data and methods; 3.3.1 Data; 3.3.2 Methods; 3.3.3 Magnitude of in-work poverty
3.4 The main characteristics of the working poor3.4.1 Professional characteristics; 3.4.2 Personal characteristics; 3.4.3 Family characteristics; 3.4.4 Institutional and country characteristics; 3.4.5 A synthesis; 3.5 Conclusions and policy implications; Part II Globalization, Technical Change and Inequality; 4 The North-South HOS Model, Inequality and Globalization; 4.1 Introduction; 4.2 Globalization and inequality: stylized facts; 4.3 The traditional NS-HOS model and its shortfalls; 4.3.1 The NS-HOS model; 4.3.2 Stylized facts against the NS-HOS model
4.4 The NS-HOS model outside the diversification cone
Includes bibliographical references and indexes.
This book explores the widening gap between the wage packets of skilled and unskilled workers that has become a pressing issue for all states in the globalized world economy. Comparing the experiences of more and less developed economies, chapters analyse the underlying causes and key social changes that accompany income inequality.
Labor economics.
Regional economics.
Spatial economics.
Development economics.
Economic growth.
Welfare economics.
International economics.
Labor Economics.
Regional/Spatial Science.
Development Economics.
Economic Growth.
Social Choice/Welfare Economics/Public Choice/Political Economy.
International Economics.