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The permanent income/life cycle hypothesis is tested using Australian data for periods covering the regulated and …
Persistent link: https://www.econbiz.de/10005574899
This paper examines the relationship between cross-sectional and life-time income distributions using a simple …
Persistent link: https://www.econbiz.de/10005587617
This paper uses a lifetime income simulation model to examine the effects on inequality and progressivity of extending … the time period over which income is measured. The income tax schedule typically displays increasing marginal rates, and … there is a substantial amount of relative income mobility, along with a systematic variation in average incomes over the …
Persistent link: https://www.econbiz.de/10005587639