Showing 1 - 10 of 17
2000s in terms of both the assessment of the equity of the education expansion and its impact on the income distribution …
Persistent link: https://www.econbiz.de/10010319832
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/10010314856
individuals to acquire education may serve as an additional signal (to earned labor income) on the underlying unobserved innate … education, as a supplement to the labor income tax. …
Persistent link: https://www.econbiz.de/10010261166
university education for their children. The latter are more likely to underestimate returns and overestimate costs of university …
Persistent link: https://www.econbiz.de/10011872057
-left (2005-10). Income inequality diminished during the restoration of democracy, but started to grow steadily in the mid-1990s … reduction in labour income inequality and the introduction of noncontributory public transfers schemes. …
Persistent link: https://www.econbiz.de/10010319774
We investigate the evolution of global welfare in two dimensions: income per capita and life expectancy. First, we … estimate the marginal distributions of income and life expectancy separately. More importantly, in contrast to previous … univariate approaches, we consider income and life expectancy jointly and estimate their bivariate global distribution for 137 …
Persistent link: https://www.econbiz.de/10010264413
The United States and China are the world's largest economies. Together they are responsible for about one-third of the world's economic output. This paper aims to examine whether the two economic giants are also lands of opportunity where resources are allocated in a way that minimizes...
Persistent link: https://www.econbiz.de/10012423987
In this paper, we use the World Income Inequality Database to assess the main trends in inequality within countries … period of time. These trends are complemented with information for inequality in income and wealth from other sources, paying …
Persistent link: https://www.econbiz.de/10012424103
Over the years, money-metric measures of inequality such as the Gini coefficient and the Palma Ratio, as frequently used in Ghana, have become useful in providing quantitative measures of welfare distribution that enable a better understanding of the extent and nature of inequality. From these...
Persistent link: https://www.econbiz.de/10014477461
Natural disasters cause economic damages and may exacerbate disparities in income distribution among countries across …, implying that natural disasters may serve as a means of creative destruction. This effect is prominent among uppermiddle-income …
Persistent link: https://www.econbiz.de/10014477522