Navigationsweiche Anfang

Navigationsweiche Ende

Sprache wählen

Kontakt

Europäisches Institut für Internationale Wirtschaftsbeziehungen

Rainer-Gruenter-Str. 21
D-42119 Wuppertal

Tel: +49-(0)202-439 1371
Fax: +49-(0)202-439 1377
Mobil: +49-(0)174-702 0924

welfens(at)eiiw.uni-wuppertal.de

Aktuelles

  • Corona vaccination regulation: Vaccination schedule in Germany contradictory and flawed
    *Germany’s federal government once-in-a-century decision on vaccinations is partly contradictory. ... [mehr]
  • PM: Corona-Impfplanung Deutschland: Viel zu langsam und unsinnig
    * Unmögliche Impfplanung der Politik * Spätzulassung Impfstoff von Biontech in EU ist unakzeptabel *... [mehr]
  • Invitation Zoom Digital Seminar: The International Economics of the Corona Shock
    The International Economics of the Corona Shock Zoom Digital Seminar Date: 8 July 2020 Time:... [mehr]
  • New discussion paper from Lucas Bretschger and Elise Grieg (ETH Zürich) and Paul Welfens and Tian Xiong (EIIW/University of Wuppertal)
    Bretschger, L.; Grieg, E.; Welfens, P.J.J.; Xiong, T.: Corona Fatality Development, Medical... [mehr]
  • Prof. Paul J.J. Welfens zu den EU-Finanzhilfen am 19.05.20
    YouTube Video [mehr]
zum Archiv ->

Welfens, P.J.J./Udalov, V.: International Inequality Dynamics: Issues and Evidence of a Redistribution Kuznets Curve

Welfens, P.J.J./Udalov, V.: International Inequality Dynamics: Issues and Evidence of a Redistribution Kuznets Curve

 

JEL Classification: D60, D63, H55, P00
Key Words: Inequality, World Value Survey, Kuznets Curve, Empirical Analysis, Social Market Economy

 

Summary

We consider the main international inequality dynamics and identify new challenges plus empirical findings for OECD countries and the world economy. The focus is on key elements of income inequality in rich and poor countries – and on the drivers of international and national inequality. The econometric results presented show crucial new insights about the role of individuals’ redistribution preferences and the impact of other variables. The findings herein indeed suggest the existence of an Income Redistribution Kuznets Curve for a broad group of countries from the World Value Survey. Key conclusions concern the willingness of countries to cooperate. The economic control variables suggest that education and postmaterialism weaken the interest in redistribution while other variables reinforce the support for redistribution policy. Regional cooperation and benchmarking could be useful as well as applying the golden rule in poor countries. The analysis also explains US populism and argues that this will be a structural problem, related to inequality, for years to come.

Download the paper