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Structural Change, Market Concentration, and Inequality A Multi-sector Analysis
This book clarifies the mechanism of widening income inequality and declining labor share in macroeconomics, growth, technology, and the labor...
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Introduction
In recent decades, there have been widespread global phenomena of inequalitiesInequality of income and wealth and the decrease in labor shareLabor...
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Toward a Theory of the Labor Share’s Fall: A Dynamic Model of the “Superstar” Firms
In recent years, several studies have pointed out a decline in the labor shareLabor share, a trend supported by researchers like Autor et al. and,...
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Impact of ICT Capital on Labor Share: Evidence from Japan
This chapter examines the determinants of the labor shareLabor share of income in Japan. The novelty of my empirical analysis is that it estimates...
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Structural Change, Service Sector Features, and Aggregate Elasticity of Substitution
Focusing on some relevant features of service sectorService sector, this chapter analyzes the behaviors of endogenous economy-wide elasticity of...
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Automation, Tasks, and Labor Share
This study distinguishes between traditional and automated capital in a task-basedTask-based framework and examines the effects of automation on...
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Structural Change and Evolution of Top Wealth: The American Forbes 400 List, 1990–2020
Over the past three decades, the wealth distributionWealth distribution in the U.S. has become remarkably polarized, with the rich amassing even...
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Firm Size, Rate of Return on Capital, and Increasing Returns to Scale—The Japanese Financial and Information Communication Service Sectors—
Parallel to the increasing income inequalitiesInequality in OECD countries, a few large firms have become mega giants, generating superstar...
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Increasing Returns to Scale and Declining Labor Share in the Information Economy
This chapter analyzes the influence of information and communication technologyInformation and Communication Technology (ICT) (ICT) on the...
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Automation, Goods and Labor Markets Imperfections, and Labor Share
This study hypothesizes that the decline in labor shareDecline in labor share coincides with the goods market concentration and the decline in the...
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Robotics, Skill-Biased Technology and Labor Shares: A Four-Factor Case
Focusing on a four-factor nested production functionNested production function that has two heterogeneous capitals, which are robot capitalRobot...
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Income Inequality, Redistribution and Economic Growth Statistical Measures and Empirical Evidences
This book focuses on economic inequality, its measurement, and its relationship with economic growth and development. The current literature uses...
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Inequalities and Economic Inequality
This Chapter introduces the notion of inequality from a philosophical point of view which is essential undertake the task of studying specifically...
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Recent Trends of Growth and Inequality in a Post-pandemic World
This Chapter is devoted to treat some of the big challenges and obstacles encountered worldwide on the road towards the achievement of fast economic...
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Economic Inequality
This Chapter analyses the concept of economic inequality and the many issues connected with its measurement. It will also present the evolution of...
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Summary Remarks
This Chapter presents a short summary of the topics treated throughout the book giving them a unified view.
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Introduction
This Chapter shortly illustrates the plan of the book describing step by step the path that the reader is going to follow to reach an understanding...
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Economic Growth
This Chapter presents the second important theme treated in the book, namely economic growth. It presents empirical evidences of the big...
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Inequality of Opportunities
This Chapter is devoted to analyse one particular form of the empirically observed income differences among individuals, that is those differences...
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Inequality and Growth
After having analyzed separately in the two previous chapters the various theoretical and empirical aspects relating respectively to income...