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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w15076 |
来源ID | Working Paper 15076 |
The Equality Multiplier | |
Erling Barth; Karl O. Moene | |
发表日期 | 2009-06-11 |
出版年 | 2009 |
语种 | 英语 |
摘要 | Equality can multiply due to the complementarity between wage determination and welfare spending. A more equal wage distribution fuels welfare generosity via political competition. A more generous welfare state fuels wage equality further via its support to weak groups in the labor market. Together the two effects generate a cumulative process that adds up to an important social multiplier. We focus on a political economic equilibrium which incorporates this mutual dependence between wage setting and welfare spending. It explains how almost equally rich countries differ in economic and social equality among their citizens and why countries cluster around different worlds of welfare capitalism---the Scandinavian model, the Anglo-Saxon model and the Continental model. Using data on 18 OECD countries over the period 1976-2002 we test the main predictions of the model and identify a sizeable magnitude of the equality multiplier. We obtain additional support for the cumulative complementarity between social spending and wage equality by applying another data set for the US over the period 1945-2001. |
主题 | Public Economics ; National Fiscal Issues ; Labor Economics ; Labor Compensation ; Other ; Economic Systems |
URL | https://www.nber.org/papers/w15076 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572752 |
推荐引用方式 GB/T 7714 | Erling Barth,Karl O. Moene. The Equality Multiplier. 2009. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w15076.pdf(404KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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