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We measure the impact of two main signals of tertiary-level human capital accumulation, college quality and certification, on hiring in India. Using a correspondence experiment, we send 16,944 resumes to 1412 job postings for recent engineering graduates at small and medium firms. In precisely estimated results, we find that these employers do not respond to signals of tertiary education quality. Specifically, there is no impact on callbacks of having graduated from a mid-tier college ranked in the top 300 relative to an unranked college outside of the top 1000, despite significant government investment in college rankings. There is also no impact of scoring in the highest as opposed to the lowest quartile of a post-tertiary certification test that has been taken by millions of graduating students. There is evidence that women modestly benefit in the first stage of hiring in this market, with this effect concentrated in some regions.

The post-pandemic surge in inflation was accompanied by a surge in the corporate share of profits. As a result, several economists and policy makers have given to it names such as "profit-led inflation" or "sellers' inflation." The present paper discusses the extent to which profit-led inflation, as an explanation for the recent surge in inflation, is compatible with what we know about the price-setting behavior of firms, income distribution, and inflation. We do that in juxtaposition to two recent critiques: that the increase in the profit share is the result of cyclical factors and that the increase in import prices leads to higher profit shares even under constant markups. We show that there is little evidence that the recent surge in profitability is cyclical in nature. Moreover, after outlining the Structuralist/Kaleckian theories of prices and inflation, we argue that profit-led inflation does not require an increase in the markup of the firms and is consistent with these theories. In the face of large import and other price shocks even under constant markups, firms are able to pass the burden of adjustment to real wages. Thus, the term profit-led emphasizes the distributional source and consequences of inflation. We also provide an empirical examination of the markups in the post-pandemic period using data from the Compustat database. We show that, on average, firms were able to increase or maintain their markups, although there is significant heterogeneity across sectors or the position of the firms in the distribution of markups. [ABSTRACT FROM AUTHOR]

Big data technologies change the way in which data and labor combine to create knowledge. Is this a modest innovation or a data revolution? Using hiring and wage data, we estimate firms' data stocks and their knowledge production functions. Quantifying changes in production functions informs us about the likely long-run changes in output, in factor shares, and in the distribution of income, due to big data technologies. For the investment management industry, our structural estimates predict a 5% decline in the labor share of income; that change is comparable to similar estimates for the industrial revolution. Authors have furnished an Internet Appendix , which is available on the Oxford University Press Web site next to the link to the final published paper online [ABSTRACT FROM AUTHOR]

Public health events (PHEs) have emerged as significant threats to human life, health, and economic growth. PHEs, such as COVID-19, have prompted a reevaluation for enhanced regular prevention and control (RPC). In this study, we focus on the core concept of prevention and control intensity (PCI), and establish a neoclassical economic growth model from the long-term and macro perspective to balance life protection and economic growth. The model construct the mechanism of PCI on economic growth through population dynamics and capital accumulation under the backdrop of RPC for PHEs. We find the conditions for PCI when the economy achieves steady state, and provides an algorithm establishing the optimal strategy that maximises per capita disposable income based on the optimal PCI and consumption. Simulation result quantifies an inverted U-shaped relationship between PCI and capital per capita, output per capita and consumption per capita in the steady state. The model suggests that, given the PHEs of inducing potential unemployment shock, it is worthwhile to combine the implementation of moderate PCI with coordinated policies of income distribution. Highlights: • Building a Neoclassical economic growth model under public health events (PHEs). • Model links regular prevention and control (RPC) to macroeconomic factors. • Exploring mechanism of RPC for PHEs on economic growth. • Appropriate prevention and control intensity can engender economic growth. [ABSTRACT FROM AUTHOR]

The article is devoted to the study of some aspects of international legal regulation of the use, reproduction and protection of specially protected flora. Unfortunately, the expansion of the scope of international environmental law does not adequately reflect the state of the environment. The problems of climate change, the destruction of the Earth’s ozone layer, deforestation, desertification, conservation of migratory species of animals, fish and birds, transboundary water and air pollution, natural disasters, preservation of biodiversity and the natural heritage of mankind, which directly affect flora, have now become global. Everyone in the world is interested in a high-quality environment, careful use of natural resources and fair distribution of income from natural resources. However, the current international environmental law is not a sufficiently perfect tool to address the problem of regulating the use, reproduction and protection of specially protected plant species. In particular, it is not properly systematised and codified. The author analyses that the problem identified in the article is not solved by the existing international legal acts of a general nature - the Stockholm Declaration on the Environment, the Rio Declaration on Environment and Development (1992), and the World Charter for Nature (1982). These documents are not legally binding and are not systemically important for international environmental law. Other international environmental legal acts are not universal. They were adopted at different times, by different actors, and contain many gaps. Often, the documents are declarative, contradictory and not based on the modern international legal doctrine of environmental law development. [ABSTRACT FROM AUTHOR]

CO2 emissions in Belt and Road Initiative (BRI) countries are precisely influenced by economic determinants, requiring a comprehensive perspective. The BRI can augment its prospects for sustainable development by acknowledging the obstacles it faces and promoting global collaboration. Examining the CO2 emission (CO2e) in BRI countries in response to economic determinants such as financial development (FD), income distribution (ID), foreign direct investment (FDI), economic complexity index (ECI), and economic growth (EG) will determine the study's long-term and short-term impacts. This study introduces a novel concept of CO2es by employing panel data from 1991 to 2020. Thus, the CD, Kao, Pedroni, FMOLS, and pooled mean group–autoregressive distributed lag (PMG-ARDL) tests are utilized to assess cointegration. According to empirical findings, economic determinants (ECI, EG, FDI, and ID) have a statistically significant short-run and long-run impact on CO2e in BRI countries. Policymakers in BRI countries should integrate monetary development, FDI, and CO2es to foster EG, attract FDI, and promote sustainable development through regulatory frameworks. [ABSTRACT FROM AUTHOR]

This study investigates the evolutionary game dynamics among electric vehicle distribution entities in the context of shared charging facilities, addressing the critical issue of inadequate charging resources. To understand the behavior of different stakeholders under government incentive policies, we develop an evolutionary game model involving a government department and two logistics enterprises (A and B). Through stability analysis, we explore equilibrium conditions of evolutionarily stable strategies (ESSs) for the tripartite evolutionary game. To ensure the robustness of our findings, we conduct a MATLAB simulation analysis to validate the analytical results. Our findings highlight that government subsidies, the costs incurred by logistics enterprises to share charging facilities, and the additional distribution income derived from this sharing are critical in determining whether the evolutionary game can achieve a stable equilibrium state. This research enables logistics companies to optimize the use of charging resources, lower operating costs, and enhance delivery efficiency. Additionally, government subsidy policies play a crucial role in encouraging logistics enterprises to engage in charging facility sharing, thereby fostering the sustainable development of the entire logistics industry. Based on these insights, the paper offers practical recommendations to further promote the sharing of charging facilities in electric vehicle distribution. [ABSTRACT FROM AUTHOR]

This paper aims to analyze the trends in income inequality in large cities within a selected sample of OECD countries. Specifically, we consider a set of individual characteristics that account for changes in the income distribution and estimate their contribution to differences in inequality in large cities over the last two decades. We use a combination of reweighting techniques and recentered influence functions (RIF) to detect an upward trend in inequality within large cities. This result is mainly driven by changes in the returns to endowments rather than by changes in its distribution. Our findings suggest that these results are not of the same magnitude across the countries analyzed. A key finding is that the contribution to inequality of the skill premium is considerably higher in North American countries than in European countries. [ABSTRACT FROM AUTHOR]

Fuel subsidies, intended to improve consumer affordability, can result in economic distortions through altered relative prices and negative environmental impacts. Furthermore, these subsidies can lead to unintended consequences, such as fuel smuggling, especially to neighboring countries where significant price differences exist. While previous research has extensively explored the economic dimensions of fuel subsidies, the potential interplay between fuel smuggling and its impact on regional income distribution remains understudied. This study investigates the effects of fuel smuggling, stemming from Iran's long history of significant fuel subsidies, on income distribution across all 30 provinces of the country. We employ a model to specify the demand for fuel smuggling, using fuel prices in neighboring countries and the distance to the nearest border as sources of identification. Subsequently, we estimate the monthly smuggling profit across regions and assess this profit's influence on regional income distribution. Our empirical analysis draws on monthly data on gasoline and diesel sales from 160 fuel distribution districts in Iran, spanning the period from 2005 to 2014. Our findings demonstrate specific cases of smuggling activities that account for an average of 25% of total fuel consumption and generate substantial income in economically disadvantaged border provinces. We discuss the socioeconomic implications of fuel subsidies, with a focus on smuggling activities. [ABSTRACT FROM AUTHOR]

In 2016 Chile initiated a policy of free tuition for students from families in the lower half of the income distribution to improve access to and completion of higher education. The empirical effectiveness of the policy has not yet been completely demonstrated. This study analysed the difference in levels of academic performance of students enrolled in 12 Chilean universities with and without free tuition. The study used a regression discontinuity design with a running discrete variable locally randomised. The results show that the academic performance of students receiving free tuition was equivalent to that of students paying the full cost. There was no difference in the course pass rate of those with or without free tuition. Over time the effects of the policy could reduce inequality in the professional labour market. In addition, the study suggests that there may be complementary practices that further improve university student achievement and completion rates. [ABSTRACT FROM AUTHOR]

Stringent policies that significantly increase the cost of greenhouse gas emissions, such as CO2$_2$, are increasingly necessary for mitigating climate change. Yet while richer individuals in society generate the most CO2$_2$ emissions and thus will face the largest absolute cost burden, they also tend to be more supportive of stringent environmental policies. In this paper, we examine how information about the distribution of carbon emissions by income affects support for carbon taxation. While carbon taxation is widely advocated as the most efficient policy for mitigating climate change, it faces significant political hurdles due to its distributional costs. Using original survey data, with an embedded experiment, we find that providing information about the actual distribution of household CO2$_2$ emissions by income significantly changes individuals' support for carbon taxation. These effects are particularly pronounced at the bottom of the household income distribution, leading to increased support for costly climate policies. However, individuals who believe that carbon taxes will reduce their income continue to hold their level of support for carbon taxation. Our findings have significant implications for understanding the public's response to the distributional consequences of the green transitions and ultimately their political feasibility. [ABSTRACT FROM AUTHOR]

Question/Issue: This study investigates the role of board‐level employee representatives (BLERs), a common corporate governance practice in Europe, in determining the pay ratio between CEOs and average employees. Research Findings/Insights: Using 15,340 firm‐year observations from 17 European countries between 2001 and 2019, we find that BLERs provide greater bargaining power to the board for dealing with CEOs and use this power to reduce the pay gap between CEOs and employees. Subsample analyses indicate that bargaining power is more apparent when BLERs are more socially connected, have longer tenure, and hold more seats on the board. Theoretical/Academic Implications: This study supports the role of BLERs in providing workers with more bargaining power to create fairer wage distribution in firms. Furthermore, it supports the fair wage–effort theory, indicating a positive effect of lower pay ratios on firm value following the presence of BLERs. Practitioner/Policy Implications: This study demonstrates the effects of a unique corporate governance practice, the presence of BLERs, on companies' wage distribution, with significant policy implications. In particular, the results indicate that when presented with opportunities in affecting companies decision‐making BLERs provide fairer environments for the workers who they represent. [ABSTRACT FROM AUTHOR]

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We estimate a modified demand‐and‐distribution system for the 48 contiguous US states and the District of Columbia (DC) employing dynamic spatial panel data for 1980–2019. We allow for endogenous regressors, test for the presence, significance, and magnitude of spatial spillovers, and estimate immediate and cumulative effects on our endogenous variables of interest. Without testing for spatial dependence and spillovers, we estimate that output growth and capacity utilization in the sample US states and DC rise in response to an increase in their own wage share. When we test for spatial dependence and spillovers as required by the state‐level nature of the data, and consider that the functional distribution of income and the level of economic activity are jointly determined, we estimate that a higher state wage share raises output growth in the own state and the neighboring states. Yet the effect of a change in the state wage share on capacity utilization in the own state and the neighboring states is not statistically significant. Meanwhile, a higher state output growth raises the wage share in the own state, but its impact on the wage share in the neighboring states is not statistically significant. A higher state capacity utilization raises the wage share in the own state, yet it reduces the wage share in the neighboring states. [ABSTRACT FROM AUTHOR]

This article studies the impact of international economic sanctions on income mobility at the Macro level. A series of economic sanctions were imposed on Iran during 2008–2015 and lifted to some extent in 2015. Using some pseudo‐panel datasets, constructed based on 18 household surveys during 2001–2018, we investigate the impact of sanctions on four income mobility measures: directional income movement, positional movement, time dependence, and mobility as an equalizer of longer‐term incomes. The results show that in the sense of directional income mobility, the sanctions are followed by welfare losses for all income groups, with richer groups experiencing larger losses than poorer ones. The rich face income declines that are larger compared to those experienced by the poor, and this causes: first, richer (poorer) groups to face a higher probability of moving downward (upward) in relative terms, thus we see an increase in positional income mobility (and also time dependence) with the sanctions; and second, an increase in mobility in the sense of equalizer of longer‐term incomes. We get the opposite results with the removal of sanctions. [ABSTRACT FROM AUTHOR]

Based on the 2004–2015 China Health and Nutrition Survey (CHNS) data, this article examines the effect of minimum wages on household income distribution. The results show that minimum wage increases significantly reduce the probability of per capita household net income falling below the poverty threshold, indicating that minimum wage can play a role in poverty reduction. Furthermore, we find that minimum wages significantly reduce the probability of per capita household income being 0–3 times lower than the poverty threshold, but have little effect on households with per capita net income more than 3 times the poverty threshold, which means that minimum wage increases can reduce household income inequality. We also find heterogeneous effects of minimum wage increases on household income distribution across gender, education, hukou, and age of household heads. Finally, we show that minimum wage increases play a role in regulating household income distribution by increasing the wages of employed individuals in households. [ABSTRACT FROM AUTHOR]

This study evaluates the role of growth in poverty reduction within the sub‐Saharan Africa (SSA) region in direct comparison to other global regions along time‐delineated thresholds. The study's results show (i) A significant gulf in the performance of SSA economies in comparison to their global cohorts; (ii) An improved role played by growth after the mid‐2000s for poverty reduction in SSA; (iii) A less deleterious impact of rising income inequality on poverty reduction within the SSA sub‐region relative to other global regions, and (iv) An improved performance of resource‐dependent SSA economies in translating growth to poverty reduction since the mid‐2000s. The convergence in growth‐induced poverty reduction between SSA and its global cohorts energizes prospects for attaining the Sustainable Development Goal of eradicating global extreme poverty by 2030; it however also calls for renewed strategies toward improving the efficacy of growth in future poverty reduction within the sub‐region. [ABSTRACT FROM AUTHOR]

In this paper we present the first estimate of the full income distribution in pre‐industrial Sweden (including present‐day Finland). We draw on the schedule and the individual assessments devised by the authorities to distribute the 1613 Älvsborg ransom taxation to estimate income inequality, as well as the income shares of the top quantiles and of various social groups. We find that Sweden was relatively equal compared with other early modern European societies, for two main reasons: first, because the nobility, the clergy, the burghers, and other middle‐rank social groups all held relatively small shares of the total income, and second, because the landless groups were less numerous in Sweden than in other societies. This resulted in a large share of the total income going to the relatively homogeneous group of landed peasants, who made up the majority of the population. Our study thus speaks to the political historiography of early modern Sweden, within which negotiation and collaboration between the landed peasantry and the state has been seen as pivotal to the state formation process. [ABSTRACT FROM AUTHOR]

This paper surveys Nordic historic studies on the distribution of income to highlight similarities and differences between Denmark, Finland, Norway, and Sweden in the evolution of income concentration and income inequality over more than 140 years. Our descriptive analysis allows for a decomposition where we identify the contribution of the income share of the richest 1 per cent and the distribution of income among the other 99 per cent to overall inequality as measured by the Gini coefficient. The results show that the evolution of income concentration and inequality can be characterised by episodes rather than by secular cycles, which means that the evolution can neither be summarised by Kuznets' inverse U nor by a U. The evidence on the role played by the share of the top 1 per cent for overall income inequality shows to be mixed and to vary across time and countries. [ABSTRACT FROM AUTHOR]

Independently devised by John Hicks and Joan Robinson, the elasticity of substitution (σ) plays an important role in mainstream theories of inequality. This paper examines the role of σ in Robinson's writings, charting the differing ways in which she used it to examine questions of distribution. Robinson initially applied the concept to examine distribution in a Keynesian framework, proceeding to downplay its importance later on in spite of having played a central role in its formulation. Her criticisms of the nature of neoclassical production functions led her to dismiss mainstream theories of distribution as tautological, while seeing σ as an expression of the potential for rising profit shares under full employment. The use of a single parameter such as the substitution elasticity in mainstream frameworks neglected the important role played by investment and institutions, drawing focus away from an understanding of the ‘rules of the game’ that determined distributive shares in capitalist economies. Given the primacy of σ in discussions today — in textbooks and in the works of economists such as Thomas Piketty — her writings offer an important critique of established frameworks, while also advancing alternatives that stress the role of institutions and class conflict in modern economies. [ABSTRACT FROM AUTHOR]

This paper examines two distinct representations of production processes: circular production, where commodities function as both inputs and outputs, and one-way production, which starts with factors of production and ends with finished goods. These frameworks offer different views on profits. In circular systems, profits arise from surplus production, while in one-way systems, they appear to emerge from price differences between final goods and inputs. Using Sraffa’s price equations, we analyse the properties of both systems. We demonstrate that while one-way systems seem to allow for profit increases by raising prices, this is an illusion as it ultimately reduces real wages, the true source of profits. Additionally, we show that one-way systems become circular when real wages are fixed. Finally, the paper discusses how this distinction is important in understanding the shift from Walras’ general equilibrium theory to neo-Walrasian formulations. This study highlights the importance of circularity in the functioning of capitalist economies and its implications for the theory of distribution. [ABSTRACT FROM AUTHOR]

Introduction: Obesity and income (wage) distribution have emerged as one of the most serious public health concerns but in this research, the study is continued under body mass index (BMI) and body shape and size index (BSSI) among children and adults in Pakistan. Methods: This cross-sectional study investigated the health-related behaviors and outcomes of 2,223 children and adults aged 2 to 19 years from Multan, Pakistan, including both males and females, providing a comprehensive understanding of the health status in this population. Data about gender, weight, height, age, family income and other demographic measures are recorded. For the measurement of BMI and BSSI, the latest formulas and methods were used. Different variables were applied through statistical description understudy. To check out the wage distribution in BSSI and BMI, the comparative approach was used and performed a role in making charts for BSSI and BMI against family income, age group and gender. Results: The mean BMI and BSSI for complete data are 18.00 and 0.23 for the age group of 2 to 5 years of children with family income less than 10,000. Similarly, these figures are 20.59 and 0.29 for the family income greater than 50,000. Conclusion: Most important things have been observed by this study, that income greatly affected the rate of obesity. BMI and BSSI increased by increasing the family income of children and adults in Pakistan. BMI and BSSI show high figures for female respondents as compared to male ones, observed by this research. [ABSTRACT FROM AUTHOR]

How fairly national income is shared is as important as the increase and continuity of national income in ensuring social welfare. Income distribution, which occurs in the market and is described as primary distribution, is often criticized as being unfair. For this reason, the state redistributes income in order to ensure justice in income distribution. One of the most effective tools in redistributing income by the state is transfer expenditures. However, transfer expenditures are carried out in different ways depending on their subtypes, and not all of them have an improving effect on income distribution. Today, ensuring justice in income distribution is a very important goal in both developed and developing countries, and transfer expenditures are among the basic tools used in this direction. The purpose of the study is to determine the effect of transfer expenditures on income distribution on a country group basis, based on the Gini coefficient. In this context, it is seen that the share of transfer expenditures in total public expenditures is higher in developed countries than in developing countries. It has also been determined that the share of social aid in transfer expenditures is higher in developed countries than in developing countries. It is seen that the transfer expenditures of countries and the shares allocated to their subtypes are reflected in the Gini coefficients. Accordingly, income distribution in developed countries has a more egalitarian structure than in developing countries. In country-specific evaluations, the reflection of the share of social expenditures on the Gini coefficients is directly proportional to what is expected in theory. [ABSTRACT FROM AUTHOR]

Migration is a concept having economic and social dimensions for many countries. Therefore, migration has important effects within the country as well as between countries. This study focused on internal migration, which is defined as the act of moving within the country for any reason. Income is first on the list when we talk about economic factors. Income inequality is the result of unequal distribution of income among a group of people in society. The major objective of this study is to determine the relationship between internal migration and income inequality in Turkey. The relationship between internal migration and income inequality was examined with logistic regression in line with the main purpose of study. Data for 2022 were used in the analysis, taking into account the TURKSTAT NUTS 2 (26 Regions) classification. According to the analysis results, it has been determined that income inequality increases the net migration rate. On the other hand, it has been found that employment and being a secondary school graduate have a reducing effect on the net migration rate. It has also been found that the relationship between labor force participation rate and average household size and internal migration is not statistically significant. The policies for reducing income inequality will have a reducing effect on internal migration. Likewise, increasing the level of education and employment will reduce internal migration. [ABSTRACT FROM AUTHOR]

Income inequality is seen as one of the main socio-economic problems in Turkey, as in all countries in the world, regardless of their development status. This situation indicates the importance of analyzing the relationship between regional growth and income distribution and constitutes the driving force of this study. In this context, the main objective of the study is to determine the effects of central and regional budget revenues and expenditures on income distribution and regional growth in Turkey. In the study, two different models with GDP and Gini coefficient as independent variables were constructed using the annual data within the scope of classification of Statistical Region, SR Level 2 (26 Region) for the period 2014-2022, and tested by the panel data analysis method. According to the results of the analysis, although central budget expenditures have a positive effect on income distribution, regional budget expenditures have a negative effect. In addition, while regional budget revenues positively affected income distribution, central budget expenditures, migration, and growth had no statistically significant effect on income distribution. On the other hand, when the factors affecting growth are analyzed, it is concluded that the effects of regional and central budget revenues are positive, regional budget expenditures are negative, and central budget expenditures, migration of regions, and income distribution are statistically insignificant. [ABSTRACT FROM AUTHOR]

Background: Structural income inequality – the uneven income distribution across regions or countries – could affect brain structure and function, beyond individual differences. However, the impact of structural income inequality on the brain dynamics and the roles of demographics and cognition in these associations remains unexplored. Methods: Here, we assessed the impact of structural income inequality, as measured by the Gini coefficient on multiple EEG metrics, while considering the subject‐level effects of demographic (age, sex, education) and cognitive factors. Resting‐state EEG signals were collected from a diverse sample (countries = 10; healthy individuals = 1394 from Argentina, Brazil, Colombia, Chile, Cuba, Greece, Ireland, Italy, Turkey and United Kingdom). Complexity (fractal dimension, permutation entropy, Wiener entropy, spectral structure variability), power spectral and aperiodic components (1/f slope, knee, offset), as well as graph‐theoretic measures were analysed. Findings: Despite variability in samples, data collection methods, and EEG acquisition parameters, structural inequality systematically predicted electrophysiological brain dynamics, proving to be a more crucial determinant of brain dynamics than individual‐level factors. Complexity and aperiodic activity metrics captured better the effects of structural inequality on brain function. Following inequality, age and cognition emerged as the most influential predictors. The overall results provided convergent multimodal metrics of biologic embedding of structural income inequality characterised by less complex signals, increased random asynchronous neural activity, and reduced alpha and beta power, particularly over temporoposterior regions. Conclusion: These findings might challenge conventional neuroscience approaches that tend to overemphasise the influence of individual‐level factors, while neglecting structural factors. Results pave the way for neuroscience‐informed public policies aimed at tackling structural inequalities in diverse populations. [ABSTRACT FROM AUTHOR]

In the trade environment of a globalized economy, tariffs play a crucial role in transnational supply chains. At the same time, the power structure of the supply chain also plays an important role in the decision making and income distribution of a transnational supply chain. Therefore, we construct game-theoretic models to analyze the impacts of tariffs and power structures on the decision making and revenue distribution of transnational supply chains. First, we consider a bilateral monopoly model consisting of a Chinese manufacturer and a U.S. retailer and analyze the effects of tariffs and power structures on decision making and revenue distributions in this supply chain. Then, we extend the model to a duopoly competition model consisting of two Chinese manufacturers and one American retailer, further analyzing the roles of tariffs and power structures. The results indicate that in the bilateral monopoly model, the impact of tariffs on the manufacturer's profits is always greater than on the retailer's profits under a manufacturer-led circumstance. However, in a competitive model, when the market size is large, the impact of tariffs on the manufacturer's profits exceeds that of the retailer's profits; conversely, when the market size is smaller, the impact of tariffs on the retailer's profits is greater than on the manufacturer's profits. Furthermore, we find that in the duopoly competition model, under the manufacturer-led circumstance, both the manufacturer and the retailer earn the highest profits. [ABSTRACT FROM AUTHOR]

Reducing energy consumption in the construction sector is urgently needed. In Chile, where income distribution is unequal and the cost of energy is high, energy demand is seriously affected, especially in vulnerable households. Hence, it is essential to establish public policies with more realistic energy-saving goals to address this situation. However, reliably predicting the energy performance of buildings remains a challenge. For this reason, this study aims to identify and evaluate the impact of the variables associated with energy performance in vulnerable households in Central-Southern Chile and propose values that would reduce the gap. A sensitivity analysis was conducted to achieve this, adjusting the energy performance parameters in a base model with data analyzed using local standards. In addition, field information was collected in 93 households to obtain the actual energy consumption. The main results show that the variables that most impacted performance were infiltration, COP, heating setpoints, and schedules, which generated a 60% difference between the theoretical and actual consumption. [ABSTRACT FROM AUTHOR]

With growing attention being paid to the problems of sustainable development and just transition, energy poverty emerges as a focal issue to be addressed by the Common Policy. However, the dynamics of this phenomenon across the EU still appear to be insufficiently recognised. Therefore, this study deals with the problem of energy poverty convergence and aims to test it for the 27 EU countries over the period 2010–2022. Contrary to limited studies of energy poverty convergence that use a simple indicator, it uses aggregate measures based on consensual consequential indicators of energy poverty to verify the hypothesis of convergence. Absolute and conditional beta convergence are considered. Potential determinants of energy poverty are incorporated into a model of conditional convergence. The analysis confirms the existence of beta convergence of energy poverty in the EU, indicating the progressing socio-economic cohesion of the member states. The results, thus, deliver some arguments supporting an integrative approach to the energy policy of the EU. The research reveals that, among the factors influencing EP dynamics, an important role may be attributed to technological catch-up and income distribution across a society. Sustainable development should thus be supported with energy modernisation efforts of an inclusive character. [ABSTRACT FROM AUTHOR]

Owing to their high political and social impact, studying elites is a growing strand of scholarship in sociology. In this research note, we investigate immigrants' pathways into the income elite, that is, the top 1% of Germany's income distribution. Using data from the German Microcensus from 2009 to 2018 covering more than three million observations, we examine the prevalence of immigrants in the elite and immigrants' pathways to access the elite, that is, education, self-employment, country-of-origin effects and integration. Our results show that immigrants are underrepresented in the elite by 46%. Smaller returns to education and self-employment compared with natives drive this underrepresentation. Regarding immigrant-specific pathways, immigrants from EU countries, who face fewer legal, cultural and social barriers, have higher chances of being in the elite than immigrants from non-EU countries. Finally, we find no evidence of integration, that is, years since migration, affecting immigrants' elite status. [ABSTRACT FROM AUTHOR]

This article relates the lively debate about inequality-induced status concerns in affluent societies to the broader theoretical perspective on changing existential dispositions in modern society, which we reconstruct from the sociological theories of David Riesman, Gerhard Schulze and Ronald Inglehart. We conceptualise experience seeking – aspiring to an enjoyable life – alongside status seeking – aspiring to a successful life – as a presumably increasing life orientation. Using extensive data from the European Social Survey, for 27 countries and over 350,000 respondents over the period 2002–2018, we examine the extent and relationship of these orientations over time, their associations with socio-economic development and income inequality, as well as their social stratification according to individual-level characteristics. The results show that the populations of wealthy and economically more equal societies increasingly prefer an exciting life to a successful one. Within societies, men, younger people and the highly educated value both experiences and status. [ABSTRACT FROM AUTHOR]

This editorial discusses the current state of theranostics and molecular imaging training in the Arab world. The use of theranostics has increased due to the prevalence of non-communicable diseases and financial investments in the field. Adequate training is crucial for the safe and effective use of theranostics, and international organizations have published guidelines for training programs. However, the Arab world faces challenges due to its diverse development and instability, resulting in varying access to nuclear medicine physicians and a lack of reliance on local training programs. Efforts are being made to establish a regional nuclear medicine certification board to standardize practice and integrate theranostics into patient care. [Extracted from the article]

According to classical political economists, there was a correspondence between the type of income received and social class location. Labourers received wages, while capitalists and rentiers received profits and rents. As a result, the standard measures of functional income distribution would reflect the distribution of income between classes. However, this straightforward distinction is more complicated today than it was 200 years ago. This paper proposes a new classification of labourers and capitalists that, while retaining some of the original insights of classical political economists, considers three important features of contemporary capitalism: the fact that individuals and households can earn multiple sources of income, the role of managers, and that of wealth. We apply this approach in studying the distribution of income and wealth in Italy over the period 1991–2016. We find that the labour class is growing considerably in size, while suffering an absolute and relative loss of income. Despite some labourers move towards the top of income distribution, most of the increasing representation of wage income at the top of the distribution is due to managers. [ABSTRACT FROM AUTHOR]

This study addresses income stratification by social class and gender in Spain's working class population from 2006 to 2019. Zhou's (2012) S Index measures the level of stratification by groups, determining whether social class and gender affect income distribution. Data were provided by the Living Conditions Survey of the Spanish National Institute of Statistics. The following main results were found: the link between social class and income persists; following the crisis, a reduction took place in income stratification based on gender; and greater polarization of income occurs in the female group. As a main contribution to the field of study, this work relies on an income stratification index in contrast to the classic inequality studies. [ABSTRACT FROM AUTHOR]

This paper takes up the classical scheme regarding the problems of distribution, accumulation, and growth, first in a closed economy, and then in an open one. It seeks to update such a theory in the light of modern knowledge and to see to what extent it can help to understand contemporary problems in different geographical territories of the world, in particular concerning subsistence wage levels in a scenario of unlimited labour supply. [ABSTRACT FROM AUTHOR]

The paper offers a post-Keynesian explanation of the soaring inflation experienced during the post-COVID recovery, coherent both at the microeconomic and macroeconomic levels. The microeconomic argument is rooted on the premise that price-making firms consider both their costs and their desired share of profits when setting prices. To defend profit margins in the aftermath of the pandemic, the initial cost-push shock was passed to consumers through higher prices; in a second phase, some firms, particularly in more highly concentrated and systemically significant sectors, benefited from the post-pandemic permissive pricing environment to increase their price mark-ups, leading to temporary profit-fueled inflation following the cost-push shock. This microeconomic explanation is compatible with the macroeconomic notion of a stable inflation barrier. For a given quantity of real output, it is shown that if profit earners defend their share of income following a cost-push, this will produce a one-time price increase, with inflation becoming more persistent if the target adapts endogenously — i.e., if the aggregate mark-up changes. The paper contrasts the notion of a wage-price spiral with that of a profit-price sink, arguing that sellers' inflation is a real — albeit temporary phenomenon. [ABSTRACT FROM AUTHOR]

The article is focused on what it terms a conflictual distributional approach to inflation and economic activity. It presents a brief discussion of the relationships between conflictual approaches and the mainstream approaches. It then makes some remarks on the macro-economic and micro-economic aspects of the analysis of inflation and the role of money. Analyses of price setting and wage determination are brought together to provide employment and real wage levels whereby claims on income are mutually consistent. The framework is utilised to discuss sources of inflationary pressure and the roles of capacity and demand. [ABSTRACT FROM AUTHOR]

This article undertakes a theoretical post-Keynesian analysis to explore the relationship between inflation, unemployment, and inequality. Firstly, we show the compatibility of the inequality-augmented Phillips curve, which first appeared in Rolim, Carvalho, and Lang (2023), with the post-Keynesian macroeconomic theory. The curve combines the Phillips curve, which relates unemployment and inflation and can be derived from the conflicting-claims inflation model, with the positive relation between unemployment and inequality due to the heterogeneous impact of unemployment on workers. The unemployment rate thus connects the inflation rate to income inequality in a three-dimensional relationship described by the inequality-augmented Phillips curve, which indicates a possible trade-off between low inflation and low inequality. Secondly, we consider the profits inflation case: when inflation is simultaneous with markup increases. Increases in the ex-ante markup rate shift the curve upwards, thus increasing the inflation rate and inequality. In this context, if monetary policy aims to control inflation by increasing unemployment, it will operate along the inequality-augmented Phillips curve and will further increase inequality. [ABSTRACT FROM AUTHOR]

The aim of this study is twofold: on the one hand, to provide evidence of the positive association between the inflation rate and the labor share in the US; on the other, to show that monetary policy slows inflation by depressing the labor share. With the help of Bayesian econometrics, the paper shows evidence of a conflict Phillips curve. Furthermore, a structural vector autoregressive model reveals the detrimental effects of interest rate hikes on the labor share. Together, these results mean the monetary policy of administered interest rates resolves the class conflict in favor of capital to control inflation. Scrutiny of the US monetary policy development and a model of a controlled predator-prey system prepare the way for the empirical sections. Finally, the paper concludes that controlling the distributive conflict matters for impinging on inflation and that the Fed might follow alternative monetary rules to cease being the third party participating in the distributive conflict. [ABSTRACT FROM AUTHOR]

The recent post-Keynesian debate on conflict inflation revolves around plausible magnitudes of the parameters of the standard model. We assess this debate by examining the economic meaning of the 'bargaining' and 'indexation' parameters, and proposing a reinterpretation in which the bargaining power is reflected in the relative frequency of wage and price increases in a period. Inflation then depends on the size of the inconsistent distributive claims and the absolute frequency of wage and price increases. Distribution depends on the relative frequency of such increases. From the latter we derive the real wage and profit resistance parameters, which determine the structural degree of inflation inertia. By adding the employment rate as a determinant of the desired real wage, we get a conflict-augmented Phillips curve. We show how different assumptions on the real resistance parameters affect the shape of the Phillips curve and the distributive outcomes in different conflict inflation models. A NAIRU occurs only when there is both full real wage and real profit resistance. Conflict generates inflation (not acceleration) with less extreme assumptions. The old-type conflict-augmented Phillips curve, with income distribution depending on the relative frequency of wage and price adjustments, is the most plausible case. [ABSTRACT FROM AUTHOR]

This paper presents a pedagogical guide to conflictual inflation, showing the similarities and differences between the post-Keynesian analysis and the alternative mainstream WS-PS model. Among other things, it shows the difficulties that analysts meet when they try to justify the existence of a NAIRU. Productivity growth, wage-wage inflation and the possibility of a flat Phillips curve are considered within the framework of the post-Keynesian conflicting-claims model. The paper also deals with conflictual inflation within the context of an open economy that imports intermediate goods and raw materials. [ABSTRACT FROM AUTHOR]

The healthcare systems in Scandinavia inform nationwide registers and the Scandinavian populations are increasingly combined in research. We aimed to compare Norway (NO), Sweden (SE), and Denmark (DK) regarding sociodemographic factors and healthcare. In this cross-sectional study, we analyzed aggregated data from the nationwide Scandinavian registers. We calculated country-specific statistics on sociodemographic factors and healthcare use (general practitioner visits, admissions to somatic hospitals, and use of medicines). In 2018, population were 5295,619 (NO), 10,120,242 (SE), and 5781,190 (DK). The populations were comparable regarding sex, age, education, and income distribution. Overall, medication use was comparable, while there was more variation in hospital admissions and general practitioner visits. For example, per 1000 inhabitants, 703 (NO), 665 (SE), and 711 (DK) individuals redeemed a prescription, whereas there were 215 (NO), 134 (SE), and 228 (DK) somatic hospital admissions per 1000 inhabitants. General practitioner contacts per 1000 inhabitants were 7082 in DK and 5773 in NO (-data from SE). The Scandinavian countries are comparable regarding aggregate-level sociodemographic factors and medication use. Variations are noted in healthcare utilisation as measured by visits to general practitioners and admissions to hospitals. This variation should be considered when comparing data from the Scandinavian countries. [ABSTRACT FROM AUTHOR]

Copyright of Contaduría y Administración is the property of Facultad de Contaduria y Administracion-Universidad Nacional Autonoma de Mexico and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Journal of Administrative Sciences / Yonetim Bilimleri Dergisi is the property of Canakkale Onsekiz Mart Universitesi, Terzioglu Kampusu and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Given the poverty challenges to sustainable development and its relationship with various macroeconomic factors, the aim of this research is to appraise the implications of energy security, economic growth, trade openness, and foreign direct investment (FDI) on the poverty in Sub-Saharan African (SAA) countries, which are at the forefront of the countries with the highest poverty. The data sample comprises 38 countries from this region, for the period of 2000–2021. The methodology applied consists of the AutoRegressive Distributed Lag (ARDL) estimator, with Pooled Mean Group (PMG) method in order to examine the short- and long-term relationship between variables. The main findings provide important evidence that the economic growth is not reflected in reduction of poverty in the current economic system of SSA countries, due to the fact that poverty is closely related to income distribution. Therefore, the need to support and redesign the economic growth system in SSA with policies that reduce poverty comes to the fore. [ABSTRACT FROM AUTHOR]

The article explores the challenges faced by disadvantaged individuals in the labor market and presents the empowerment model as a distinctive approach to justice. It discusses the virtues of equalizing bargaining power and promoting egalitarianism by addressing inequalities based on gender, race, disability, and social class. The article acknowledges practical limits to achieving equal bargaining power but suggests that governments should consider individuals' own views and preferences. It also discusses the goods of work model and argues that the empowerment model is more practical and effective in guiding policy decisions. The article emphasizes the importance of considering global and environmental challenges in discussions of justice in the labor market. [Extracted from the article]

Purpose: Socio-economic inequalities are an inherent part of the functioning of societies. These inequalities primarily concern differences in income, material living conditions, education, and health. Despite progress in civilizational development, this issue persists, leading to increased societal discontent, which in turn results in uncontrolled migration, terrorism, and difficulties in ensuring energy security. The rejection of global inequality (both social and consequently political) has become one of the most important reasons for seeking ways to mitigate these unfavorable phenomena. Developmental issues threaten political stability, but above all, they weaken the dynamics of socio-economic development in countries. These considerations do not aspire to comprehensively address the issue of social inequalities worldwide but instead focus on selected aspects analyzing the asymmetry of social development. The aim of this research is to assess the differences in the level of social development in selected European countries in the years 2010 and 2022. Methodology: For the assessment in question, a descriptive method was applied using the Human Development Index (HDI) and Gini coefficient indicators, Ward's method, and the Lorenz curve. These were used to analyze and evaluate the variations in the level of social development in selected European countries, along with determining their ranking positions. The HDI indicator allowed for capturing the distance that separates European countries in terms of social development (long and healthy life, knowledge, and a decent standard of living). Based on data obtained from HDI, the Gini coefficient enabled the evaluation of income distribution inequality in the studied countries, while cluster analysis helped identify similarities between countries concerning their level of social development. Findings: The research results indicate that despite overall progress in social development, inequalities in the level of social development persist among the 32 European countries analyzed. The countries studied exhibit significant disparities in social development levels, despite the fact that nearly all of them belong to the group of nations with the highest levels of social development worldwide (with only Bulgaria holding the top position among countries with high social development). Widening asymmetries are even observed, as evidenced by Bulgaria's HDI indicator. Research limitations/implications: Due to the still significant inequalities, there is a need to intensify efforts aimed at counteracting them, which could ultimately lead to an improvement in the quality of life. Originality/value: The analysis is crucial for assessing the gap between European countries in terms of social development levels, in the context of global efforts aimed at improving societal well-being and promoting social inclusion. [ABSTRACT FROM AUTHOR]

Wage inequality between workers with different levels of educational attainment has been shown to increase over the life course. In this study, we investigate to what extent this growth is explained by temporary employment. Using linked employer-employee register data from the Netherlands, we follow the labour market careers of workers born in 1979. We decompose the impact of temporary employment on the change in the wage gap over the life course into two distinct components: (i) changes in group-specific temporary employment rates (risk) and (ii) changes in group-specific effects of temporary employment on wages (vulnerability). In line with previous research, we find a marked growth of the educational wage gap over the life course in the Netherlands. While group differences in temporary employment risk changed throughout the observation period to the detriment of less-educated workers, group differences in vulnerability to temporary employment diverged specifically during the early life course. Overall, temporary employment explains around 9 per cent of the change in the wage gap between workers with different levels of educational attainment by the age of 38 relative to age 28. [ABSTRACT FROM AUTHOR]