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"Solon's (1992) landmark study estimated the intergenerational elasticity (IGE) in income between fathers and sons to …
Persistent link: https://www.econbiz.de/10001920632
Persistent link: https://www.econbiz.de/10001761397
"This study presents evidence that the correlation in brothers' earnings has risen in recent decades. We use two distinct cohorts of young men from the National Longitudinal Surveys and estimate that the correlation in earnings between brothers rose from 0.26 to 0.45. This suggests that family...
Persistent link: https://www.econbiz.de/10001920916
Persistent link: https://www.econbiz.de/10001697106
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
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
The use of income distribution indicators in the economics literature has increased considerably in recent years. This …
Persistent link: https://www.econbiz.de/10010944543