摘要:There has been no shortage of theories which purport to explain why globalisation may have,
adverse, insignificant or even beneficial effects on income and earnings inequality.
Surprisingly, the empirical realities remain an almost complete mystery. In this paper we use
data on industrial wage inequality, household income inequality as well as measures of the
economic, social and political dimensions of globalisation to examine this controversial issue.
We find that the economic dimension of globalisation, and – less robustly – political
integration, have exacerbated wage inequality in developed countries. In contrast, the impact
of globalisation on both income and earnings inequality in less-developed countries has been
negligible
关键词:Income and earnings inequality; globalisation; democracy; panel regressions.