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the feasibility of working from home and in the ability to smooth consumption under temporary income shocks. …
Persistent link: https://www.econbiz.de/10012583918
. Seven objective income-based definitions of social class are contrasted with a self-perceived social status measure … incomes. Mismatches arise because self-perceived social status is associated not just with income, but also with personal …
Persistent link: https://www.econbiz.de/10010944419
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This paper examines the allocative implications of progressive income taxation when individuals care about their … relative income. It shows that tax progressivity might improve efficiency, and the more so in egalitarian economies …. Introducing a progressive income tax can yield a Pareto improvement if pre-tax income is evenly distributed. Implementing …
Persistent link: https://www.econbiz.de/10005406276
caught in a vicious circle. They lack sufficient access to education, credit and other means to generate income, so they earn … lower wages, which in turn prevents them from accumulating the assets they need to increase future income. The authors … analyze the ownership and use of income-generating assets, as well as access to them. Where there are market imperfections …
Persistent link: https://www.econbiz.de/10010943569
This paper argues that there is no country in Latin America where we can confidently say that income inequality … schooling are the main reason why income distribution has not improved in the 1990s. However, the lack of progress in income …
Persistent link: https://www.econbiz.de/10010944090
Some analysts rank Chile as the only Latin American economy that qualifies as a 'take-off economy,' or development economy. In a sense, Chile's enduring success and proved insulation from the 'Tequila effect' are due to its high national savings. What has made Chile's savings so high? What were...
Persistent link: https://www.econbiz.de/10010944299
into education groups to determine whether there are differences in saving behavior along the distribution of income. Third …
Persistent link: https://www.econbiz.de/10010944347