Global Trends in Income Inequality: Theory Versus Reality

Author(s):  
Venkat Venkatasubramanian

We compare the predictions of our theory with empirical income data from a dozen different countries. We define a new measure of inequality, called the non-ideal inequality coefficient. We show that Norway is close to ideal inequality for the bottom 99% of the population while the U.S. is the most non-ideal at the other extreme. The other countries are in between these two. We find it remarkable that the Scandinavian societies have discovered the near-ideal share by themselves in practice without any prior knowledge of even its existence.

2022 ◽  
Vol 19 (1) ◽  
pp. 2-17
Author(s):  
Shahryar Mirzaei ◽  
S. M. A. Jahanshahi

This paper uses inequality-measurement techniques to assess goodness of fit in income distribution models. It exposes the shortcomings of the use of conventional goodness of fit criteria in face of the big income data and proposes a new set of metrics, based on income inequality curves. In this note, we mentioned that the distance between theoretical and empirical inequality curves can be considered as a goodness of fit criterion. We demonstrate certain advantages of this measure over the other general goodness of fit criteria. Unlike other goodness of fit measures, this criterion is bounded. It is 0 in minimum difference and 1 in maximum distance. Furthermore, there is a consistency between this new goodness of fit measure and the other conventional criteria. A simulation study based on fitted distribution to real income data is performed in order to investigate some statistical properties of the new goodness of fit measure. An empirical study and comparisons are also provided.


Author(s):  
K.H. Westmacott

Life beyond 1MeV – like life after 40 – is not too different unless one takes advantage of past experience and is receptive to new opportunities. At first glance, the returns on performing electron microscopy at voltages greater than 1MeV diminish rather rapidly as the curves which describe the well-known advantages of HVEM often tend towards saturation. However, in a country with a significant HVEM capability, a good case can be made for investing in instruments with a range of maximum accelerating voltages. In this regard, the 1.5MeV KRATOS HVEM being installed in Berkeley will complement the other 650KeV, 1MeV, and 1.2MeV instruments currently operating in the U.S. One other consideration suggests that 1.5MeV is an optimum voltage machine – Its additional advantages may be purchased for not much more than a 1MeV instrument. On the other hand, the 3MeV HVEM's which seem to be operated at 2MeV maximum, are much more expensive.


2021 ◽  
Vol 14 (2) ◽  
pp. 60
Author(s):  
Nikolaos Papanikolaou

The paper examines tax progressivity and income inequality using Census Bureau Current Population Survey (CPS) personal income data. The Kakwani index is used to derive tax progressivity for All, Male, Female, White and African American personal wage income of CPS respondents, respectively. The tax progressivity results show a tax system that is partly progressive and mostly regressive. Due to its regressive nature, the tax system did not display tax progressivity for the entire period under analysis for personal wage income respondents as well as when broken-down by race and gender in the United States for years 1996 to 2011.


2021 ◽  
Vol 20 (5) ◽  
pp. 865-885
Author(s):  
Leonid B. SOBOLEV

Subject. The article continues the discussion about the method of training aircraft engineers to work in the military and civil segments of aviation and rocket-and-space industry. Objectives. The purpose is to improve the training of Russian engineers to work in the competitive market environment, on the basis of the analysis of experience in training the aviation engineers in leading foreign technical universities. Methods. The study rests on the comparative analysis of implementation of major projects in the military and civil segments of aviation in the U.S. and Russia, as well as programs for training aircraft engineers in both countries. Results. The analysis shows that the duration of modern large military aviation projects in both countries is the same (the comparison of cost is impossible, due to information protection in Russia), while in the civil segment of the aviation industry, Russia's lagging behind is significant both in terms of the duration of projects and performance results. One of the reasons is in the poor training of aircraft engineers to work in the competitive environment. Conclusions. It is crucial to reform Russian aviation universities in terms of conformity to global trends in multidisciplinarity and differentiation of financing and research base.


Author(s):  
E. Solov’ev

Unlike his predecessors, Barak Obama is bound to work amidst global balance of power rapidly changing to the disfavor of American interests. All attempts of the U.S. to build an unipolar world under its domination have failed. Obama is vigorously seeking to restructure U.S.–Russia relations; however, the divergence of interests in many fields is evident, and neither Washington nor Moscow can agree on the partnership as formulated by the other side.


2016 ◽  
Vol 32 (2) ◽  
pp. 357-378 ◽  
Author(s):  
Patricia Gándara

Millions of young people receive part of their education in the U.S. and part in Mexico. However, neither the U.S. nor Mexican schools are prepared to educate students from “the other side.” This commonly results in loss of school credit, poor academic preparation and dropping out, which leads to very limited job opportunities and wasted human talent. This article suggests several ways in which this problem can be addressed. Millones de jóvenes reciben parte de su educación en los Estados Unidos y parte en México. Sin embargo, ni las escuelas de los Estados Unidos ni las de México están preparadas para educar a los estudiantes “del otro lado”. Esta situación comúnmente resulta en la pérdida de créditos escolares, la mala preparación académica y en el abandono de los estudios, lo que conduce a muy limitadas oportunidades de empleo y al desperdicio de talento humano. Este artículo sugiere varias maneras en las cuales se puede abordar este problema.


2021 ◽  
Vol 30 (4) ◽  
pp. 23-44
Author(s):  
Adam Potočňák

The article holistically analyses current strategies for the use and development of nuclear forces of the USA and Russia and analytically reflects their mutual doctrinal interactions. It deals with the conditions under which the U.S. and Russia may opt for using their nuclear weapons and reflects also related issues of modernization and development of their actual nuclear forces. The author argues that both superpowers did not manage to abandon the Cold War logic or avoid erroneous, distorted or exaggerated assumptions about the intentions of the other side. The text concludes with a summary of possible changes and adaptations of the American nuclear strategy under the Biden administration as part of the assumed strategy update expected for 2022.


Sign in / Sign up

Export Citation Format

Share Document