Inequality in Advanced Economies

2018 ◽  
Author(s):  
Danny Dorling
Keyword(s):  
Income Inequality ◽  
Economic Geography ◽  
Negative Externalities ◽  
Income Distributions ◽  
Nation States ◽  
Advanced Economies ◽  
Recent Developments ◽  
The Subject ◽  
The Uk ◽  
Robust Evidence

Levels of economic inequality differ extensively when comparisons are made between nation states, although, worldwide, inequalities remain highest in the poorest countries. Yet now even some of the wealthiest nations have markedly high levels of income inequality. This chapter concentrates on illustrating this unprecedented, contemporary transformation in income inequalities towards greater geographical variation between affluent countries. In particular, new data analysis included here uncovers significant idiosyncrasies in the income distributions of the UK and USA, as compared with other wealthy countries. Increasingly robust evidence suggests that high and rising inequalities in a few affluent nations have far-reaching implications, and income inequality should be recognized as a source of extensive negative externalities. These recent developments underscore the need for the subdiscipline of economic geography to focus far more on understanding patterns and changes in income inequality within prosperous nations. Thus far, geographers have largely neglected the subject and its consequences.

The “Penological Exception” to Extradition: On Ultimate Penalties, Human Rights and International Relations

1993 ◽  
Vol 27 (1-2) ◽  
pp. 310-338 ◽  
Author(s):  
Leon Sheleff
Keyword(s):  
Human Rights ◽  
International Relations ◽  
Death Penalty ◽  
Capital Punishment ◽  
Reasoning Process ◽  
Judicial Decisions ◽  
Nation States ◽  
Recent Developments ◽  
The Subject ◽  
The Moment

One of the most significant recent developments in the law of extradition is the serious consideration that courts are willing to display to the punitive consequences of an extradition order, if capital punishment is the specific penalty that the requested person is liable to have imposed on him if convicted. At the same time, this development serves also as one of the most dramatic examples of the manner in which the subject of human rights has become a factor in international relations, which nation-states can disregard only by exposing themselves to negative assessments linked to reluctance to respond to formal requests. For the most part the “linkage” has been focused mainly on economic aid, where donor countries would approve requested aid contingent on positive accounting in human rights, but now, as a result of a number of novel judicial decisions, it seems that similar factors will be examined, when requests for extradition are submitted. At the moment, the focus is on the use of the death penalty, but the very reasoning process used may well open up further possibilities.

Policy Mobility

2017 ◽  
Author(s):  
Nicholas A. Phelps
Keyword(s):  
Economic Geography ◽  
Economic Implications ◽  
History Of ◽  
The Subject ◽  
Relational Economic Geography

This chapter teases out some of the economic implications of the economy in between cities and nations associated with policy mobility. The subject of policy mobility is one that signals a relational economic geography. It embodies the tension between the fixity and mobility of capital, between sedentarist and nomadic perspectives in geography. Yet it cannot be reduced to one or other in these sets of antimonies. The chapter charts some of the history of policy mobility before noting the importance of the transnational economic actors and interests that drive contemporary policy mobility. It considers the nature of policy mobility in strong and weak forms of inter-urban competition.

Recent Developments and Future Changes to Internet Privacy Rules in the EU, the UK and the U.S.

2017 ◽  
Vol 18 (3) ◽  
Author(s):  
David Bender ◽  
Joseph Jones ◽  
Mark Young ◽  
Hendrike Wulfert-Markert
Keyword(s):  
Internet Privacy ◽  
Recent Developments ◽  
The Uk ◽  
The U.S ◽  
The Eu

scholarly journals Was the Gibson Paradox for real? A Wicksellian study of the relationship between interest rates and prices

2014 ◽  
Vol 21 (2) ◽  
pp. 139-163 ◽  
Author(s):  
Jagjit S. Chadha ◽  
Morris Perlman
Keyword(s):  
Interest Rates ◽  
Positive Relationship ◽  
Formal Model ◽  
Natural Rate ◽  
Market Rate ◽  
Long Run ◽  
Advanced Economies ◽  
The Uk ◽  
Gibson Paradox ◽  
The Relationship

We examine the relationship between prices and interest rates for seven advanced economies in the period up to 1913, emphasising the UK. There is a significant long-run positive relationship between prices and interest rates for the core commodity standard countries. Keynes ([1930] 1971) labelled this positive relationship the ‘Gibson Paradox’. A number of theories have been put forward as possible explanations of the paradox but they do not fit the long-run pattern of the relationship. We find that a formal model in the spirit of Wicksell (1907) and Keynes ([1930] 1971) offers an explanation for the paradox: where the need to stabilise the banking sector's reserve ratio, in the presence of an uncertain ‘natural’ rate, can lead to persistent deviations of the market rate of interest from its ‘natural’ level and consequently long-run swings in the price level.

scholarly journals Income inequality in the 21st century — A biased summary of Piketty’s capital in the twenty-first century

2015 ◽  
Vol 27 (02) ◽  
pp. 1630001 ◽  
Author(s):  
Dietrich Stauffer
Keyword(s):  
Income Inequality ◽  
21St Century ◽  
First Century ◽  
Income Distributions ◽  
Twenty First Century

Capital usually leads to income and income is more accurately and easily measured. Thus, we summarize income distributions in USA, Germany, etc.

Maximization of the Signal Impulsiveness Combining Envelope Technique with Minimum Entropy Deconvolution

2013 ◽  
Vol 392 ◽  
pp. 725-729 ◽  
Author(s):  
Rafael José Gomes de Oliveira ◽  
Mauro Hugo Mathias
Keyword(s):  
Test Bench ◽  
Minimum Entropy ◽  
Combined Application ◽  
Recent Developments ◽  
Gear Trains ◽  
The Subject ◽  
Using Data ◽  
High Frequency Resonance ◽  
Combined Technique ◽  
Experimental Test Bench

The application of the HFRT (High-Frequency Resonance Technique), a demodulation based technique, is a technique for evaluation the condition of bearings and other components in rotating machinery. Another technique MED (Minimum Entropy Deconvolution) has been the subject of recent developments for application in condition monitoring of gear trains and roller bearings. This article demonstrates the effectiveness of the combined application of the MED technique with HFRT in order to enhance the capacity of HFRT to identify the characteristic fault frequencies of damaged bearings by increasing the signal impulsivity. All tests were done using data collected from an experimental test bench in laboratory. The Kurtosis value is used as an indicator of effectiveness of the combined technique and the results shown an increase of five times the original kurtosis value with the application of MED filter together with the HFRT.

scholarly journals Recent developments on the Stieltjes transform of generalized functions

1987 ◽  
Vol 10 (4) ◽  
pp. 641-670 ◽  
Author(s):  
Ram Sankar Pathak ◽  
Lokenath Debnath
Keyword(s):  
Final Section ◽  
Generalized Functions ◽  
Stieltjes Transform ◽  
Poisson Transform ◽  
Open Questions ◽  
The Laplace Transform ◽  
Recent Developments ◽  
The Subject ◽  
Abelian Theorems ◽  
Stieltjes Transforms

This paper is concerned with recent developments on the Stieltjes transform of generalized functions. Sections 1 and 2 give a very brief introduction to the subject and the Stieltjes transform of ordinary functions with an emphasis to the inversion theorems. The Stieltjes transform of generalized functions is described in section 3 with a special attention to the inversion theorems of this transform. Sections 4 and 5 deal with the adjoint and kernel methods used for the development of the Stieltjes transform of generalized functions. The real and complex inversion theorems are discussed in sections 6 and 7. The Poisson transform of generalized functions, the iteration of the Laplace transform and the iterated Stieltjes transfrom are included in sections 8, 9 and 10. The Stieltjes transforms of different orders and the fractional order integration and further generalizations of the Stieltjes transform are discussed in sections 11 and 12. Sections 13, 14 and 15 are devoted to Abelian theorems, initial-value and final-value results. Some applications of the Stieltjes transforms are discussed in section 16. The final section deals with some open questions and unsolved problems. Many important and recent references are listed at the end.

The Lived Experience of Financialization at the UK Financial Fringe

2021 ◽  
pp. 1-22
Author(s):  
LINDSEY APPLEYARD ◽  
CARL PACKMAN ◽  
JORDON LAZELL ◽  
HUSSAN ASLAM
Keyword(s):  
Lived Experience ◽  
Financial Services ◽  
Global Financial Crisis ◽  
Credit Market ◽  
Short Term ◽  
Dramatic Decline ◽  
The Everyday ◽  
The Subject ◽  
The Uk ◽  
The Impact

Abstract The financialization of everyday life has received considerable attention since the 2008 global financial crisis. Financialization is thought to have created active financial subjects through the ability to participate in mainstream financial services. While the lived experience of these mainstream financial subjects has been the subject of close scrutiny, the experiences of financial subjects at the financial fringe have been rarely considered. In the UK, for example, the introduction of High-Cost, Short-Term Credit [HCSTC] or payday loan regulation was designed to protect vulnerable people from accessing unaffordable credit. Exploring the impact of HCSTC regulation is important due to the dramatic decline of the high-cost credit market which helped meet essential needs in an era of austerity. As such, the paper examines the impact of the HCSTC regulation on sixty-four financially marginalized individuals in the UK that are unable to access payday loans. First, we identify the range of socioeconomic strategies that individuals employ to manage their finances to create a typology of financial subjectivity at the financial fringe. Second, we demonstrate how the temporal and precarious nature of financial inclusion at the financial fringe adds nuance to existing debates of the everyday lived experience of financialization.

European Union Law

2021 ◽  
Author(s):  
Margot Horspool ◽  
Matthew Humphreys ◽  
Michael Wells-Greco
Keyword(s):  
European Union ◽  
Environmental Law ◽  
Research Topics ◽  
European Union Law ◽  
European Institutions ◽  
The Subject ◽  
Free Movement Of Goods ◽  
The Uk ◽  
Substantive Law ◽  
The Eu

Titles in the Core Text series take the reader straight to the heart of the subject, providing focused, concise and reliable guides for students at all levels. The eleventh edition of European Union Law provides a systematic overview of the European institutions and offers thorough, wide-ranging coverage of the key substantive law topics, including separate chapters on competition, discrimination, environmental law and services. It also features a new chapter on the EU and its relationship with third countries, including the UK. Incisive analysis of the governing themes and principles of EU law is consistently delivered, while chapter summaries, critical questions, further reading suggestions and the new ‘Brexit checklist’ feature help to guide the reader through the subject and support further research. Topics covered also include supremacy and direct effect, the European Courts, general principles, free movement of goods and persons and citizenship.

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