English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

The aim of this paper is to point out the limitations of conventional   approaches, articulated via political processes, in reducing income   inequality. Using the panel data methods, on the sample of 21 affluent OECD   countries in the period from 1980 to 2011, it is observed that the increase   in labour productivity as well as preferences of voters to parties that   advocate greater redistribution, contrary to common perception, not   necessarily lead to reduction in income inequality. Increasing dominance of   big capital in the field of technological progress changes the conventions   about contribution of workers to labour productivity. The result is a   weakening of workers’ bargaining power in relation to employers as well as   increase in gap between labour productivity growth and real wage growth,   which both lead to increase in income inequality. In comparison with the   other political parties, it seems that the right-wing parties are more   efficient in using voters’ support to implement their concept of the welfare   state, which contributes to maintaining the high market-generated income   inequality. Such situation could be explained that de jure power of the   government depends on election results, whereas de facto power depends on the   support of so-called globally-oriented super elites. [Projekat Ministarstva   nauke Republike Srbije, br. 47010

Redistribution and transmission mechanisms of income inequality - panel analysis of the affluent OECD countries