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Many studies have estimated the effect of circumstances on income acquisition. Perhaps surprisingly, the fraction of inequality attributable to circumstances is usually quite small - in the advanced democracies, on the order of 20%. One reason for this is the lack of data on circumstance...
Persistent link: https://www.econbiz.de/10011409491
Empirical evidence on distributional preferences shows that people do not judge inequality as problematic per se but that they take the underlying sources of income differences into account. In contrast to this evidence, current measures of inequality do not adequately reflect these normative...
Persistent link: https://www.econbiz.de/10012236841
Empirical evidence on distributional preferences shows that people do not judge inequality as problematic per se but that they take the underlying sources of income differences into account. In contrast to this evidence, current measures of inequality do not adequately reflect these normative...
Persistent link: https://www.econbiz.de/10012172471
Equality of opportunity is an important normative ideal that concerns politicians and the larger public alike. In spite of its wide acceptance, current estimation approaches in the literature suffer from severe data restrictions that lead to biased estimates of inequality of opportunity. These...
Persistent link: https://www.econbiz.de/10012010163
Rising income inequalities are widely debated in public and academic discourse. In this paper, we contribute to this debate by proposing a new family of measures of unfair inequality. To do so, we acknowledge that inequality is not bad per se, but that its underlying sources need to be taken...
Persistent link: https://www.econbiz.de/10011874411
Rising income inequalities are widely debated in public and academic discourse. In this paper, we contribute to this debate by proposing a new family of measures of unfair inequality. To do so, we acknowledge that inequality is not bad per se, but that its underlying sources need to be taken...
Persistent link: https://www.econbiz.de/10011864650
Equality of opportunity is an important normative ideal of distributive justice. In spite of its wide acceptance and economic relevance, standard estimation approaches suffer from data limitations that can lead to both downward and upward biased estimates of inequality of opportunity. These...
Persistent link: https://www.econbiz.de/10012609168
The case of German reunification has been subject to extensive research on earnings inequality and labor market integration. however, little is known about the development of equality of opportunity (EOp) in East and West Germany after 1990.Using German micro data, we empirically analyze how...
Persistent link: https://www.econbiz.de/10011391647
Inequality has increased considerably in many Western countries over the past decades. When dealing with economic inequality as a research subject the question "inequality of what among whom" arises. Analyses of inequality are typically concerned with the distribution of wages, earnings or...
Persistent link: https://www.econbiz.de/10010390073
The consistent underestimation of inequality of opportunity has led some scholars to call into question the usefulness of such estimates. In this paper we argue that neglecting heterogeneity in the influence of circumstances across types as well as neglecting heterogeneity in type-specific...
Persistent link: https://www.econbiz.de/10013001868