Showing 1 - 10 of 2,023
income inequality during periods of private debt overhang. In contrast, there are no discernible distributional effects when …
Persistent link: https://www.econbiz.de/10011587456
In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and … part of the literature that considers inequality detrimental to growth, more recent studies have challenged this result and … found a positive effect of inequality on growth. This paper contributes to the debate by using meta-analytical techniques to …
Persistent link: https://www.econbiz.de/10011349190
The distributional and disruptive effects of energy supply shocks are potentially large. We study the effectiveness of alternative fiscal responses in a two-country HANK model that we calibrate to the euro area. Energy subsidies can stabilize the domestic economy, but are fiscally costly and...
Persistent link: https://www.econbiz.de/10014391466
expanded in a consistent way to any welfare measure;and can be assessed for reliability usingstandard statistical theory …, as well as the use of distributional approxima-tions. For non-separable inequality measures we derive specific formulas …
Persistent link: https://www.econbiz.de/10011303309
general-equilibrium mapping from tariffs to household inequality measures. This also yields predictions for linkages between … tariffs, development level, and observed household inequality. Working with a new dataset, we then examine crosscountry … variation in inequality with respect to import protection. Results are consistent with predictions of the factor-intensity model …
Persistent link: https://www.econbiz.de/10011335217
A model is developed for peasant households in land abundant areas who choose between two technologies for land preparation: a manual one and one using draught animals. For draught a minimum number of animals is required so that a technological non convexity exists. It follows that certain...
Persistent link: https://www.econbiz.de/10011453277
In this paper, we study how the tax-and-transfer system reduces the inequality of lifetime income by redistributing … offsets around half of the inequality in lifetime earnings that is due to differences in skill endowments. At the same time …, taxes and transfers mitigate around 60% of the inequality in lifetime earnings that is attributable to employment and health …
Persistent link: https://www.econbiz.de/10011780780
Equivalence Scales are a tool for removing the heterogeneity of household sizes in the measurement of inequality, and …
Persistent link: https://www.econbiz.de/10012801875
The techniques of simple random sampling are seldom appropriate in the empirical analysis of income distributions. Various types of weighting schemes are usually required either from the point of view of welfare-economic considerations (the mapping of household/family distributions into...
Persistent link: https://www.econbiz.de/10011433685
inequality. …
Persistent link: https://www.econbiz.de/10012234494