Suchergebnisse

Cover -- Half title -- Title -- Copyright -- Contents -- Acknowledgments -- Introduction -- PART ONE INCOME DISTRIBUTION AND ECONOMIC DEVELOPMENT -- 1 Observations on the Social Dimension in Jordan's Approach to Development -- 2 Jordan's Income Distribution in Retrospect -- 3 Determinants of Inequality in Economic Development -- PART TWO MEASUREMENTS OF WAGE AND INCOME DIFFERENTIALS -- 4 Economic Inequality in Jordan, 1973-1986 -- 5 Wage Distribution Among Private Sector Workers Subject to Social Security Regulations -- 6 Male-Female Wage Differentiation by Economic Activity and Education -- 7 Income Distribution and Its Social Impact in the Occupied Territories -- PART THREE POLICY ISSUES -- 8 The Poverty Line in Jordan -- 9 Social Security Scheme and Income Distribution -- 10 Health Care Expenditure and Its Impact on Income Groups -- Appendix A: Statistical Appendix -- Appendix B: Jordan's Economy-Some Basic Facts -- Bibliography -- About the Editors and Authors.

This comprehensive book on the theory, measurement, and history of economic growth presents Classical and Keynesian in parallel with Neoclassical approaches, and the new variant, neoliberal capitalism. It covers growth theory, tools of intertemporal economic analysis, money and growth, technological change, the 2008 financial crisis, the rise of inequality, along with technological change, land and resource limitations, and climate change.--

In determining the optimal redistribution of a given population's income, we ask which factor is more important: the social planner's aversion to inequality, embedded in an isoelastic social welfare function indexed by a parameter alpha, or the individuals' concern at having a low relative income, indexed by a parameter beta in a utility function that is a convex combination of (absolute) income and low relative income. Assuming that the redistribution comes at a cost (because only a fraction of a taxed income can be transferred), we find that there exists a critical level of beta below which different isoelastic social planners choose different optimal allocations of incomes. However, if beta is above that critical level, all isoelastic social planners choose the same allocation of incomes because they then find that an equal distribution of incomes maximizes social welfare regardless of the magnitude of alpha.