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Title:Globalisation, inequality and redistribution PDF Logo
Authors:Bjorvatn, Kjetil
Tungodden, Bertil
Issue Date:2004
Series/Report no.:Memorandum, Department of Economics, University of Oslo 2004,16
Abstract:The present paper seeks to explain the pattern of income redistribution in a globalised world of increased market income inequality and lower costs of factor mobility. In some countries, larger market income inequality has been met by an increased redistributive effort, thus keeping the distribution of disposable incomes relatively stable. In other countries, larger market inequality has been accompanied by a reduction in transfers, thus leading to growth in disposable income inequality. In our model, the initial level of market income inequality is crucial in explaining how an increase in this variable affects redistribution.
Subjects:Globalisation
Inequality
Redistribution
Majority voting
JEL:F21
Document Type:Working Paper
Appears in Collections:Memorandum, Department of Economics, University of Oslo

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