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This paper describes how household wealth is distributed in 28 OECD countries, based on evidence from the second wave of the OECD Wealth Distribution Database. A number of general patterns emerge from these data. First, wealth concentration is twice the level of income inequality: across the 28...
Persistent link: https://www.econbiz.de/10011911500
The paper describes inequality trends in selected emerging economies (Brazil, Colombia, Costa Rica, China, India, Indonesia and South Africa) in a range of monetary (i.e. income) and non-monetary dimensions of people’s life (i.e. education, health status, employment and subjective well-being)....
Persistent link: https://www.econbiz.de/10011991921
This chapter provides a thorough survey of what recent international (i.e., cross-country) studies can tell us about the multiple causes of income inequality in the OECD area with regard to both levels and trends. The survey covers economics literature in particular but also relevant evidence...
Persistent link: https://www.econbiz.de/10014025326
We use a panel of survey responses linked to administrative data in Germany to measure the depreciation of skills while workers are unemployed. Both the reemployment hazard rate and reemployment earnings steadily fall with unemployment duration, and indicators of depression and loneliness rise...
Persistent link: https://www.econbiz.de/10014250138
This paper provides an assessment of how households’ income has fared compared with GDP. While the prime focus is on incomes around the median, attention is paid also to the bottom of the income distribution. Thus, one contribution of the paper is to deliver a fresh assessment of the evolution...
Persistent link: https://www.econbiz.de/10010374412
Energy affordability can be defined as a household’s ability to pay for necessary levels of energy use within normal spending patterns. This paper uses three indicators to measure energy affordability risk in 20 OECD countries. Energy affordability risk differs widely between countries. The...
Persistent link: https://www.econbiz.de/10011669853
This paper provides an overview of the main trends in child income poverty since the mid-2000s, and explores to what extent child poverty trends are linked to demographic, policy and/or labour market changes. Trends in poverty and the standard of living of children in low-income families since...
Persistent link: https://www.econbiz.de/10011975620
In 2021, the U.S. Congress temporarily expanded the Earned Income Tax Credit for workers without a qualifying child (childless EITC), to help counteract the impact of the COVID-19 pandemic on lower-wage working adults. This expansion roughly tripled the maximum benefits for qualifying filers and...
Persistent link: https://www.econbiz.de/10014576600
Between 1970 and the early 2000s, there was a revolution in support for the use of field experiments to evaluate social programs. Focusing on the welfare reform studies that helped to speed that transformation in the United States, this chapter describes the major challenges to implementing...
Persistent link: https://www.econbiz.de/10014023414
At a time of rising cost of living, wide wage inequalities and widespread in-work poverty, the demand for a living wage has heightened. The concept of a “living wage” has some limitations, including that it is operationalised in a variety of ways. This variety may serve the purpose of making...
Persistent link: https://www.econbiz.de/10014324005