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Income Differences (income + difference)
Selected AbstractsSkill Premium, Biased Technological Change and Income DifferencesCHINA AND WORLD ECONOMY, Issue 6 2009Wei Zou D24; D33; O14 Abstract Using 1987,2006 panel data for China, we explore the dynamics of the skill premium. The present paper focuses on the skill premium as an explanation for why income differences are so large in China. Our empirics show that: the rise in the relative supply of skilled labor results in an increase, instead of a decrease, in the skill premium; domestic investment is not complementary with skill formation; the skillpremium is higher in more developed provinces; economic openness facilitates an increase in the skill premium; whether foreign direct investment induces skill-based technology change or not, it drives up the skillpremium. An array of policy prescriptions for reducing income differences and ensuring sustained economic growth are provided. [source] Corruption and environmental policies: what are the implications for the enlarged EU?ENVIRONMENTAL POLICY AND GOVERNANCE, Issue 3 2006Lorenzo Pellegrini Abstract The paper discusses the prescription of EU environmental regulations for new member states. It has been argued that these countries should be allowed looser directives as a way to take into consideration their lower income levels and correspondingly different priorities. The paper estimates the determinants of environmental policies' stringency. We find that corruption levels are the most important factor in explaining the variance in environmental policies in the enlarged EU. Most notably, differences in corruption levels across countries appear to be more important than income differences. Thus, it is argued, lower environmental standards in new member states are not necessarily implied by lower income levels, but they are more likely to reflect low institutional quality. We argue that harmonization of environmental policies at the EU level can be a way to tackle this problem, and we provide a further rationale for new members states to adjust to existing EU environmental directives. Copyright © 2006 John Wiley & Sons, Ltd and ERP Environment. [source] Rational Migration Policy Should Tolerate Non-zero Illegal Migration Flows: Lessons from Modelling the Market for Illegal MigrationINTERNATIONAL MIGRATION, Issue 1 2002Horst Entorf The debate on the immigration policies in OECD countries has turned its attention towards illegal migrants. Given that migration flows are determined by immigration laws, the probability of potential detection, penalties for unauthorized migrants and their employers, and income differences between sending and receiving countries, this paper presents a new approach to the problem of illegal migration, grounded on the economic theory of illegal behaviour. The framework considers the interaction of potential migrants, citizens, employers, and the government. After introducing the supply function of illegal migration and its determinants, the trade-off between social costs and benefits of preventing and combating illegal migration is demonstrated. This trade-off results in an optimal level of migration larger than zero. A complete "market model" of illegal migration is offered by presentation of a demand curve of illegal migration, based on the tolerance of the society towards clandestine foreigners. Equilibrium forces predict a non-zero level of illegal migration. The rule of law of our legal systems, according to which any illegal activity has to be reduced to zero, bears the danger of producing inefficient disequilibria. A reasonable policy of wanted and unwanted migration should address the question of how to allocate scarce resources. Ignoring social optima and equilibrium forces means to abandon public resources that could be used for other public assignments, such as schooling or foreign aid, for instance, i.e., measures that could strike the problem of illegal migration at its root. [source] Familial Factors Associated With the Use of Multiple Child-Care ArrangementsJOURNAL OF MARRIAGE AND FAMILY, Issue 2 2008Taryn W. Morrissey This study examined the use of multiple, concurrent, nonparental child-care arrangements among children under 5 with employed mothers in the NICHD Study of Early Child Care and Youth Development (N= 759). Older children, those primarily cared for in informal child care, those living in cohabitating or single-parent households, and those whose mothers were employed for 40 or fewer hours per week were likely to be in multiple arrangements. Higher quality primary child-care and lower maternal satisfaction with primary care predicted the subsequent use of multiple arrangements. Little support for income differences in selection into multiple arrangements was found. Findings highlight the importance of child-care characteristics and structure in child-care choice. Policy implications are discussed. [source] INCOME DISPERSION AND PRICE DISCRIMINATIONPACIFIC ECONOMIC REVIEW, Issue 1 2006Yong He We first derive the linear demand curve in each market under plausible conditions, and then show that more markets (and consumers) are excluded under uniform pricing the higher are the inter-market income differences. We also show that adding markets, even of lower income levels than those of existing markets, helps to decrease prices and thus cause more markets to be served. Implications of intra-market income dispersion are also explored. [source] On the determinants of inequality in Bosnia and HerzegovinaTHE ECONOMICS OF TRANSITION, Issue 2 2002Marcelo Bisogno We provide empirical evidence on the determinants of income inequality in Bosnia and Herzegovina after the civil war. To do this, we use a an ordered probit approach and take advantage of the first post-war household survey for the country which sheds some light on the influence of regional differences as well as household characteristics on income quintile determination. With respect to the former, we find large income differences between the two entities in the country, the Federation and Republika Srpska. Such income differences are also noticeable inside entities. On the latter, there are some signs that education, experience, and employment, among others, may help reduce the probability of income decline. Our results are robust to changes of specification as shown by applying a formal sensitivity analysis. JEL classification: O15, O10, I30. [source] Skill Premium, Biased Technological Change and Income DifferencesCHINA AND WORLD ECONOMY, Issue 6 2009Wei Zou D24; D33; O14 Abstract Using 1987,2006 panel data for China, we explore the dynamics of the skill premium. The present paper focuses on the skill premium as an explanation for why income differences are so large in China. Our empirics show that: the rise in the relative supply of skilled labor results in an increase, instead of a decrease, in the skill premium; domestic investment is not complementary with skill formation; the skillpremium is higher in more developed provinces; economic openness facilitates an increase in the skill premium; whether foreign direct investment induces skill-based technology change or not, it drives up the skillpremium. An array of policy prescriptions for reducing income differences and ensuring sustained economic growth are provided. [source] |