Income distribution trends and future food demand

Income Distribution and the Demand Constraint

This paper argues that the interaction between inequality and the demand patterns for goods is a potential source of persistent inequality. Income distribution, in the presence of non-homothetic preferences, affects the demand for goods and, due to differences in factor intensities across sectors, it alters the return to factors of production and the initial distribution of income. Low inequali...

Demand and Income Distribution in a Two-Country Kaleckian Model

This study builds a two-country Kaleckian model and investigates the effect of one country’s economic policy on both countries. In contrast to preceding studies, we consider monetary aspects as well as real aspects. Our results show that the effects on output of an increase in the nominal wage rate and in the mark-up rate differ from the results obtained from one-country Kaleckian models. Moreo...

The U.S. Income Distribution and Mobility: Trends and International Comparisons

Approaching three years into the recovery from the 2007-2009 recession, the unemployment rate remains over 8%. The persistent difficulty of many of the workers who lost jobs to find reemployment has meant reduced incomes for them and their families. An historically slow rebound in the labor market appears to be partly responsible for some groups' focus on the distribution of the benefits of eco...

Trends in the Level and Distribution of Income in Metropolitan

Income Distribution in the Chinese Economy: Recent Trends and Challenges

This paper examines the recent trends in regional income disparity and urban-rural income inequality in the Chinese economy. It finds that the income disparity between the eastern and western region had declined, but the urban-rural income inequality continued to rise in all four regions during the period under consideration. Moreover, the urban-rural income disparity increased more rapidly in ...