Showing 1 - 8 of 8
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
growth. We use this approach to investigate the growth in income inequality in the UK in the 1980s. …
Persistent link: https://www.econbiz.de/10010275731
period inequality increased substantially. Two types of episodes have shaped this upward trend: deep macroeconomic crises and … periods of sudden and intense economic liberalization. The sizeable rise in inequality in the 1990s seems to be associated to … subsequent recoveries contributed to the volatility of inequality along this upward trend. The large macroeconomic crisis of 2001 …
Persistent link: https://www.econbiz.de/10011429284
This paper documents patterns and recent developments on different dimensions of inequality in Latin America and the … Caribbean (LAC). New comparative international evidence confirms that LAC is a region of high inequality, although maybe not the … highest in the world. Income inequality has fallen in the 2000s, suggesting a turning point from the significant increases of …
Persistent link: https://www.econbiz.de/10011429287
This paper provides original empirical evidence on the evolution of education inequality for all Latin American … and opportunities across the population, including inequality in years of education, gaps in school enrollment, wage skill …
Persistent link: https://www.econbiz.de/10011429399
This paper provides original empirical evidence on the evolution of education inequality for the Latin American … outcomes and opportunities across the population, including inequality in years of education, gaps in school enrolment, wage …
Persistent link: https://www.econbiz.de/10010319832
decomposing income risk. The approach is used to investigate the changes in income risk in Britain across the inequality growth …
Persistent link: https://www.econbiz.de/10010282561