This paper investigates the role of oil rents as implicit transfers that redistribute global income through international trade channels. It involves estimating these rents, calculating redistributive effect, exploring exports and imports different impact depending on per capita. The results document (i) lead to a positive but declining reduction in inequality, although it becomes regressive af...

The 1993 Omnibus Budget Reconciliation Act raised the proportion of benefits includable in income for the Federal personal income tax. This article presents estimates of the income-distributional effects of the new provision in 1994, the first year for which it is effective. Under the pre-1993 law, up to 50 percent of benefits were included in taxable income for certain high-income beneficiarie...

The activity of serum dopamine-beta-hydroxylase (DBH) was measured in 1194 asymptomatic middle-aged men with diastolic blood pressure ranging from 75 to 125 mm Hg during the baseline examination of a multifactorial intervention program for primary prevention of coronary heart disease. No correlation was present between serum DBH activity and systolic (r = -0.01, NS) or diastolic (r = +0.02, NS)...

1 esearchers have looked into valuation effects for decades. Their research has usually focused on large capitalization stocks. Not as much research has been done on valuations in small capitalization stocks, as there is a tendency by many to associate small capitalization stocks with a growth style. Any research that has been done on small capitalization stocks was usually confined to the lowe...

The appeal of the Lorenz dominance criterion is undermined by the fact that many sample Lorenz curves intersect in the tails. Tests for Lorenz dominance which ignore tails (such as those considering only deciles) are therefore invalidated. Moreover, the usual inferential methods, based on central limit theorem arguments, do not apply to the tails of the Lorenz curve since the tails contain too ...

If the poor are to benefit from economic growth, then they need the skills that are in growing demand, and the capacity to raise their productivity as smallholder farmers and micro-entrepreneurs. Yet, the poor seldom receive a satisfactory education. Too little is spent on primary education—the category of education of most direct benefit to the poor—while on average public subsidies to seconda...

This paper investigates the extent to which proficiency in English and French as a form of human capital individually determine earnings Rwanda’s labour market whether it still pays be bilingual. Using data from nationally representative Labour Force Survey conducted 2018, our findings show that after controlling for other demographic factors, both languages is positively rewarded. However, eco...

BACKGROUND AND METHODS Socioeconomic inequalities in premature mortality in Britain increased over the second half of the 20th century, particularly from the early 1970s onwards. The magnitude of mortality differentials reflects the trend in income inequality, which has also undergone a dramatic increase over the past quarter century. The present British government have emphasised their commitm...

Is credit card lending by unions within the United States primarily a service to members or profit generating product? This paper examines impact of on performance U.S. from 2000-2017. A panel data approach using fixed effects regression methodology is undertaken make comparative analyses union across several dimensions including percentage firm’s assets in loans and percent with card. Credit a...

This paper addresses international inequality in multidimensional well-being during the last one-and-a-half centuries. Inequality fell health and education since late 1920s, due to globalization of mass schooling diffusion transition, but only dropped population-weighted terms from 1970 onward for political civil liberties, as emergence authoritarian regimes increased its dispersion end World W...