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This paper delivers new evidence on the individual and policy drivers of residential mobility, covering a wide range of housing-related policies and conditions but also other relevant policy areas. The analysis uses household-level micro datasets allowing for an investigation of the drivers of...
Persistent link: https://www.econbiz.de/10012304431
The rate of homeownership is close to the OECD average in Luxembourg. However, strong house price increases, mainly driven by population growth and limited housing supply, led to a deterioration in affordability of housing, in particular for the young and added to the wealth gap between...
Persistent link: https://www.econbiz.de/10012259010
recession, resulting in a substantial rise in unemployment, and income and wealth inequality. This paper uses longitudinal data …
Persistent link: https://www.econbiz.de/10012111075
Japan’s gross government debt of 226% of GDP in 2018 is the highest ever recorded in the OECD area, and places the economy at risk. The government now aims to achieve a primary surplus by FY 2025. Additional fiscal consolidation, based on a detailed plan covering specific spending cuts and tax...
Persistent link: https://www.econbiz.de/10012111109
also who moves up and down the income ladder over time. While income inequality has increased in most OECD countries, in … progressive taxation has also reduced the top 1 per cent’s share of disposable income. This paper finds that income inequality … to greater income inequality but also higher upward income mobility. Indeed, the analysis in the paper shows upward …
Persistent link: https://www.econbiz.de/10012202850
revenues and increase inequality, by reducing the progressivity of the personal tax system. A proposed reform package that …-wage earners would make inroads into poverty and inequality while encouraging formal work. This paper accompanies and extends the …
Persistent link: https://www.econbiz.de/10012202861
residential mobility? iv) Is there a link between homeownership and wealth inequality? Between inequality in housing wealth and in … distribution. Another important issue is whether housing-related policies raise potential trade-offs between equity, or inequality …
Persistent link: https://www.econbiz.de/10012202943
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