Institutions, Models of Capitalism and Inequality in Income Distribution: An Empirical Investigation

2017 ◽  
Vol 17 (3) ◽  
pp. 651-685 ◽  
Author(s):  
Gilberto Antonelli ◽  
Pinuccia P Calia ◽  
Giovanni Guidetti

Abstract The article analyses the role of institutions in the determination of income inequality in a sample of OECD countries. Basing on the seminal approach by Amable, the article discusses the theoretical definition of model of capitalism. The basic idea is that each model of capitalism is defined by the cobweb of complementary relationships established among different institutions. Using a set of statistical indicators of the operation of institutions in two different years, 1995 and 2010, the empirical analysis points out five models of capitalism and exhibits how their composition has changed in this lapse of 15 years. In the following sections of the article, we investigate the role played by the model of capitalism in the determination of income distribution, measured through a standard Gini index. After controlling for a set of variables, the econometric evidence shows that different models of capitalism present significantly different levels of income inequality.

2021 ◽  
pp. 1-30
Author(s):  
Marius Clemens ◽  
Ulrich Eydam ◽  
Maik Heinemann

Abstract This paper examines how wealth and income inequality dynamics are related to fluctuations in the functional income distribution over the business cycle. In a panel estimation for OECD countries between 1970 and 2016, although inequality is, on average countercyclical and significantly associated with the capital share, one-third of the countries display a pro- or noncyclical relationship. To analyze the observed pattern, we incorporate distributive shocks into an RBC model, where agents are ex ante heterogeneous with respect to wealth and ability. We find that whether wealth and income inequality behave countercyclically or not depends on the elasticity of intertemporal substitution and the persistence of shocks. We match the model to quarterly US data using Bayesian techniques. The parameter estimates point toward a non-monotonic relationship between productivity and inequality fluctuations. On impact, inequality increases in response to TFP shocks but subsequently declines. Furthermore, TFP shocks explain 17% of inequality fluctuations.


2017 ◽  
Author(s):  
Anupamaa Seshadri ◽  
Ali Salim

The concept of “brain death” is one that has been controversial over time, requiring the development of clear guidelines to diagnose and give prognoses for patients after devastating neurologic injury. This review discusses the history of the definition of brain death, as well as the most recent guidelines and practice parameters on the determination of brain death in both the adult and pediatric populations. We provide specific and detailed instructions on the various clinical tests required, including the brain death neurologic examination and the apnea test, and discuss pitfalls in the diagnosis of brain death. This review also considers the most recent literature and guidelines as to the role of confirmatory tests making this diagnosis.  Key Words: apnea test, brain death, brainstem reflex, death examination


2020 ◽  
Vol 21 (10) ◽  
pp. 3540 ◽  
Author(s):  
Pamela Tozzo ◽  
Salvatore Scrivano ◽  
Matteo Sanavio ◽  
Luciana Caenazzo

The determination of the post-mortal interval (PMI) is an extremely discussed topic in the literature and of deep forensic interest, for which various types of methods have been proposed. The aim of the manuscript is to provide a review of the studies on the post-mortem DNA degradation used for estimating PMI. This review has been performed following the Preferred Reporting Items for Systematic Reviews and Meta-Analyses and the PRISMA Guidelines. Several analytical techniques have been proposed to analyse the post-mortem DNA degradation in order to use it to estimate the PMI. Studies focused mainly on animal models and on particular tissues. The results have been mixed: while on the one hand literature data in this field have confirmed that in the post-mortem several degradation processes involve nucleic acids, on the other hand some fundamental aspects are still little explored: the influence of ante and post-mortem factors on DNA degradation, the feasibility and applicability of a multiparametric mathematical model that takes into account DNA degradation and the definition of one or more target organs in order to standardize the results on human cases under standard conditions.


2020 ◽  
Vol 52 (3) ◽  
pp. 359-393
Author(s):  
Andŕe Albuquerque Sant' Anna ◽  
Leonardo Weller

Did the threat of communism influence income distribution in developed capitalist economies during the Cold War? This article addresses this question by testing whether income inequality in OECD countries was related to events linked to the spread of communism—revolutions and Soviet interventions—around the world. We argue that the threat of the spread of communism acted as an incentive for the elites and governments to keep economic inequality low. This article provides an empirical contribution to the recent literature on inequality, which highlights the role of domestic institutions but ignores the role of the Cold War in redistributing income. We find a robust relationship between income inequality and the distance to communist events. The results, reinforced by cases studied, suggest that the spread of communism fostered income redistribution deals between domestic elites and workers. Finally, we show that these effects were reinforced by strong unions and the presence of strong communist parties.


2014 ◽  
Vol 5 (1) ◽  
pp. 94-122 ◽  
Author(s):  
Dan ZHU

At the Kampala Review Conference in 2010, the adoption of the amendments to the Rome Statute laid the groundwork for the eventual prosecution of the crime of aggression. China, a non-State Party to the International Criminal Court, has articulated its concerns regarding the Court's jurisdiction over the crime of aggression in legal terms. This paper examines the Chinese concerns regarding the role of the Security Council in the determination of an act of aggression and the definition of aggression primarily from a legal perspective. It argues that China has hovered back and forth between two conflicting legal positions on these issues during different periods in history according to its policy preference. This paper also considers the concerns of China from a policy perspective before concluding that the crime of aggression should not be regarded as an insurmountable barrier preventing China's accession to the ICC in years to come.


2016 ◽  
Vol 5 (12) ◽  
pp. 40
Author(s):  
Bertram Chukwudum Ifeanyi Okpokwasili

<p>This paper investigates whether the use of different inequality measures is instrumental in determining impact on economic growth at the State level. We find that different measures show different levels of significance with respect to economic health. We study New Jersey income distribution and shares from 1964 to 2014, using graphs and statistics. The dual analyses approach and the use of different inequality measures enabled conclusions to be reached, that only one view and one inequality measure would have made difficult, if not misleading. New Jersey Real GDP/Capita (RGC) was going up, whether or not the inequality measure was getting better. Inequality had little or no effect on the direction of the RGC. Economic Growth is not a good measure of the effects of inequality.</p>


2020 ◽  
Vol 63 (2) ◽  
pp. 17-40
Author(s):  
Josip Guc

Differentiation of morality and legality is one of the fundamental topoi of Kant?s ethics. However, alongside it is often interpreted in too simple (and also sometimes wrong) manner, this differentiation does not demonstrate the whole complexity of Kant?s understanding of moral correctness of certain types of will determination. Thus the goal of this paper is to point out different kinds of morally relevant actions (which are not limited to morality and legality), and then to explain to which extend each of them can be understood as morally correct. For that purpose we will thoroughly consider the issue of determination of will, and then also some of the problematic interpretations of legality and morality, where as a specific issue arises the one of equating morality with autonomy and legality with heteronomy (especially in domestic philosophical works). The issue of different levels of moral correctness of action will also be examined concerning the phenomenon of moral feeling. Particular attention will be given to the role of the kind of action that refer to having direct inclination toward morally correct action, even though it is not directly determined by the moral law. The analysis of these issues brings us to conclusion that legality is satisfied by an action which is outwardly done in a way it would be done by an autonomously determined will. Considering this, the determination of morality precedes the determination of legality. Other way around can be detected only in the process of education.


1955 ◽  
Vol 38 (6) ◽  
pp. 801-811 ◽  
Author(s):  
Carlton C. Hunt

Observations on temporal variation in monosynaptic reflex response in the acutely decapitate cat indicate the following: 1. Frequency distribution of response amplitude has a nearly normal form often with some degree of negative skewness. Response variation differs only moderately in form and magnitude from one preparation to another. 2. Temporal variation remains essentially constant at different levels of drive above that level required to complete the zone of variation. 3. The role of response variation in the determination of mean response amplitude is considered. 4. One of the major sources of excitability fluctuation in the "resting" cord is variation in background activity of interneurons.


1975 ◽  
Vol 4 (1) ◽  
pp. 57-68 ◽  
Author(s):  
A. B. Atkinson

ABSTRACTEleven years after the publication of Richard Titmuss's essay on Income Distribution and Social Change, the official statisticians are still drawing optimistic conclusions about the tendency of income inequality to decline in Britain. This article re-examines some of the critical questions raised by Titmuss concerning the accuracy and interpretation of the official statistics. It considers the definition of income, the implications of capital gains, fringe benefits and the benefits from owner-occupation, the role of life-cycle factors, and the measurement of inequality. It concludes with an assessment of the impact of Titmuss's study on the quality of statistical information and on attitudes and beliefs.


2005 ◽  
Vol 16 (3) ◽  
pp. 547-559
Author(s):  
Paul Létourneau

This article is about the role of international bureaucracies in the determination of the general policies of international organizations. In this paper it is argued that in general international organizations' Secretariats generally do wield, considerable power over the definition of the institutions' strategies, i.e. those activities, priorities and projects which taken together make up the program of the institution for a given period. Indeed, the international bureaucrats exercise tremendous control over the content of the program. This is so because international organizations have special functions in the world System. They must see to it that, certain states of affairs prevail in the world over the long run. It is, therefore, no surprise that the programs' content be more or less shielded from conjonctural fluctuations. The article then proceeds to test these hypotheses on a concrete case: the analysis of the processus through which Unesco's program goes before becoming the official policy of the organization.


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