Showing 1 - 10 of 47
one gets about trends in the level and inequality of living standards in the UK when using consumption, and when one adds …
Persistent link: https://www.econbiz.de/10010330990
Collective models have become the go-to framework for intra-household allocations. Available empirical collective models are built for fixed sets of household members and accommodate diversity in household structures with difficulty. Individual-level data on food consumption from Bangladesh...
Persistent link: https://www.econbiz.de/10012265328
We show theoretically that the poor can benefit from price changes induced by higher income inequality. As the number … increase in poverty associates with higher purchasing power of the poor. Using cross-country data at two points in time on the … price of rice and Big Mac hamburgers, we confirm the relationship between inequality and purchasing power of the poor, and …
Persistent link: https://www.econbiz.de/10010320214
This paper describes the transmission of income inequality into consumption inequality and in so doing investigates the …
Persistent link: https://www.econbiz.de/10010292960
This paper assesses the accuracy of decomposing income risk into permanent and transitory components using income and consumption data. We develop a specific approximation to the optimal consumption growth rule and use Monte Carlo evidence to show that this approximation can provide a robust...
Persistent link: https://www.econbiz.de/10010292985
. Our aim is to describe the transmission of income inequality into consumption inequality. Our framework nests the special …
Persistent link: https://www.econbiz.de/10010293078
In this paper we look at lifetime inequality to address two main questions: How well does a modern tax system, based on … annual information, target lifetime inequality? What aspects of the tranfser system are most progressive from a lifetime … perspective? To answer to these questions it is crucial to relate lifetime and annual inequality and determine the main building …
Persistent link: https://www.econbiz.de/10010331018
We present two experiments designed to investigate whether individuals' notions of distributive justice are associated with their relative (within-society) economic status. Each participant played a specially designed four-person dictator game under one of two treatments, under one initial...
Persistent link: https://www.econbiz.de/10010331048
equal outcomes, while the feedback from inequality to trust is ambiguous. Using a structural equations model estimated on a …. We conclude that while trust facilitates welfare state policies that may reduce net inequality, this decrease in … inequality does not increase trust. …
Persistent link: https://www.econbiz.de/10010335612
We examine changes in inequality in socio-emotional skills very early in life in two British cohorts born 30 years … activities, respectively. Using recent methodological advances in factor analysis, we establish comparability in the inequality … of these early skills across cohorts, but not in their average level. We document for the first time that inequality in …
Persistent link: https://www.econbiz.de/10012028676