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STRCHANGEINEQ

Effects of Structural Change on Income Inequality

Total Cost €

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EC-Contrib. €

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Partnership

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Project "STRCHANGEINEQ" data sheet

The following table provides information about the project.

Coordinator
BOGAZICI UNIVERSITESI 

Organization address
address: BEBEK
city: ISTANBUL
postcode: 34342
website: www.boun.edu.tr

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Turkey [TR]
 Project website https://academics.boun.edu.tr/mkoyuncu/effects-structural-change-income-inequality-eu-h2020-marie-sklodowska-curie-global-fellowship
 Total cost 157˙734 €
 EC max contribution 157˙734 € (100%)
 Programme 1. H2020-EU.1.3.2. (Nurturing excellence by means of cross-border and cross-sector mobility)
 Code Call H2020-MSCA-IF-2016
 Funding Scheme MSCA-IF-GF
 Starting year 2017
 Duration (year-month-day) from 2017-08-01   to  2019-07-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    BOGAZICI UNIVERSITESI TR (ISTANBUL) coordinator 157˙734.00
2    ROYAL INSTITUTION FOR THE ADVANCEMENT OF LEARNING MCGILL UNIVERSITY CA (MONTREAL) partner 0.00

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 Project objective

This project aims to identify the distributional effects of the structural change phenomenon. It develops a dynamic macroeconomic model that introduces heterogeneities across workers and asset owners into the structural change models. For this purpose, it will focus on growth models with heterogeneous agents and complete asset markets. With this methodology, we will be able to characterize not only the aggregate patterns of structural change, but also its distributional consequences. By uncovering the long term factors behind the evolution of income distribution during structural change, the proposed model will be highly relevant to the most recent debates of rising income inequality in developed countries. The theoretical model will be calibrated to assess and quantify the historical roots of the current distributional picture in U.S. and Europe. In doing so, it will determine the “structural” level of inequality; a level that is due to the intrinsic forces of structural change. Then any deviations -positive or negative- from this level can be identified as “political”, which would provide a clearer picture of the effects of governmental policies on inequality. This model will be the first in the literature to integrate structural models with distributional issues and will open up a new research area. Finally, the model will be enriched with fiscal policies such as income taxes and productive government spending in order to draw policy conclusions regarding the growth-income inequality relationship in Europe, where boosting economic growth while holding the income inequality at a socially acceptable level has been a major concern in recent years. Therefore, the proposed project will both contribute to advancement of European research and address one of the Societal Challenges targeted by H2020 programs, which is working towards “Inclusive, innovative and reflective societies”.

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The information about "STRCHANGEINEQ" are provided by the European Opendata Portal: CORDIS opendata.

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