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Title:Globalization and a welfare program for the marginalized PDF Logo
Authors:Broll, Udo
Kemnitz, Alexander
Mukherjee, Vivekananda
Issue Date:2009
Series/Report no.:Dresden discussion paper series in economics 05/09
Abstract:We study the economic relationship between globalization and inequality within a country. In a partial equilibrium it is shown even when the local government exclusively maximizes the welfare of the marginalized (unemployed) people, relative consumption inequality between employed and the marginalized always rises by intensified globalization. However in certain situations the relative income inequality may fall.
Subjects:Globalization
inequality
marginalization
policy
JEL:I30
O15
O19
F42
Document Type:Working Paper
Appears in Collections:Dresden Discussion Paper Series in Economics, Faculty of Business and Economics, TU Dresden

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