Inequality Around the World

KENNETH J. ARROW Stanford University, USA DWAYNE BENJAMIN University of Toronto, Canada SAMUEL BOWLES University of Massachusetts, USA ELIZABETH BRAINERD Williams College, Massachusetts, and Harvard University, USA LOREN BRANDT University of Toronto, Canada FATMA EL-HAMIDI University of Pittsburgh, USA ARMIN FALK University of Zurich, Switzerland URS FISCHBACHER University of Zurich, Switzerland PAUL GLEWWE University of Minnesota, USA ROBERT G. GREGORY Australian National University, Australia MARIANNE HILGERT Inter-American Development Bank, Washington DC, USA GUO LI The World Bank, Washington DC, USA MARCO MANACORDA London School of Economics, and Queen Mary College, University of London, UK REMCO H.OOSTENDORP Vrije Universiteit, Amsterdam, Netherlands MIGUEL SZKELY Inter-American Development Bank, Washington DC, USA KATHERINE TERRELL University of Michigan, USA.

PART I: INTERNATIONAL PATTERNS AND ADVANCED COUNTRIES Wages Around the World: Pay Across Occupations and Countries; R.B.Freeman & R.H.Oostendorp Australian Responses to Increases in Unemployment and Wage Inequality: Comparisons with the UK, NZ and USA; R.G.Gregory Wage Indexation and the Evolution of Returns to Education in Italy. 1979-1992; M.Manacorda PART II: LESS ADVANCED COUNTRIES Markets, Human Capital, and Inequality: Evidence from Rural China; D.Benjamin, L.Brandt, P.Glewwe & G.Li Inequality in Latin America During the 1990s; M.Szkely & M.Hilgert Inequality and Mortality During Russia's Economic Transition; E.Brainerd The Impact of Minimum Wages on Wage Inequality and Employment in the Formal and Informal Sector in Costa Rica; F.El-Hamidi & K.Terrell PART III: UNDERSTANDING MICRO-BEHAVIOUR AND THE BROAD ECONOMY OF INEQUALITY The Economics of Reciprocity: Evidence and Theory; A.Falk & U.Fischbacher Globalization and Redistribution: Feasible Egalitarianism in a Competitive World; S.Bowles Distributed Information and the Role of the State in the Economy; K.J.Arrow