Risk, Job Search, and Income Distribution

1974 ◽  
Vol 82 (6) ◽  
pp. 1255-1267 ◽  
Author(s):  
Christopher A. Pissarides

2017 ◽  
Vol 17 (1) ◽  
Author(s):  
Hautahi Kingi

AbstractI analyze the welfare effects of a policy of modern sector enlargement (MSENL), and a policy of increasing the efficiency of on-the-job search from the urban informal sector (IEOS) in a generalized Harris-Todaro model. I show that MSENL causes a Lorenz worsening of the income distribution and IEOS causes a Lorenz improvement. In a rare direct application of the Atkinson theorem, I conclude that MSENL decreases social welfare and IEOS increases social welfare for all anonymous, increasing and Schur-concave social welfare functions.



1979 ◽  
Vol 34 (11) ◽  
pp. 1047-1060 ◽  
Author(s):  
Gary D. Gottfredson ◽  
Mary K. Swatko
Keyword(s):  


2020 ◽  
Vol 105 (11) ◽  
pp. 1262-1280 ◽  
Author(s):  
Michael A. Johnson ◽  
Christopher Leo


2012 ◽  
Author(s):  
Peter B. Smith ◽  
Neda Sedighimornani
Keyword(s):  


2007 ◽  
Author(s):  
Zhaoli Song ◽  
Marilyn A. Uy ◽  
Connie R. Wanberg
Keyword(s):  


2004 ◽  
Author(s):  
Cheryl Tay ◽  
Linn Van Dyne ◽  
Soon Ang




2011 ◽  
Author(s):  
Sanita Saitere
Keyword(s):  




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