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Inequity Aversion and the International Distribution of Trade Protection
Inequity Aversion the International Distribution Trade Protection
2015/6/5
One important puzzle in international political economy is why lower-earning and less-skilled intensive industries tend to receive relatively high levels of trade protection. This pattern of protectio...
Exponential wealth distribution in a random market. A rigorous explanation
economic gas-like initial wealth wealth distribution
2011/3/31
In simulations of some economic gas-like models, the asymptotic regime shows an exponential wealth distribution, independently of the initial wealth distribution given to the system. The appearance of...
Economic Growth and Unequal Wealth Distribution: A Dynamic Approach
Economic Growth Unequal Wealth Distribution
2009/7/23
This article surveys various equity-based arguments from Marx to Rawls, in
favour of income redistribution by means of public policy. Political explanations, the role
of luck versus merit and the pr...