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This chapter explores the relationship between poverty and aging, in terms of its measurement and trends, as well as its alleviation, with particular attention to the most vulnerable individuals at each end of the age distribution. The measurement addresses both the definition of poverty and its...
Persistent link: https://www.econbiz.de/10014023469
This paper presents series on top shares of income and wealth in Spain over the 20th century using personal income and … wealth tax return statistics. Top income shares are highest in the 1930s, fall sharply during the first two decades of the … Franco dictatorship, and have increased slightly since the 1960s, and especially since the mid-1990s. The top 0.01% income …
Persistent link: https://www.econbiz.de/10005667012
In recent years, a vast literature has focused on thè mie played by economic variables in determining the perceived well-being of individuals. Analyses conducted so far show that economic aspects explain only a part of the variability in happiness: other profiles, such as health and family...
Persistent link: https://www.econbiz.de/10008547005
cross-country panel dataset containing detailed information on the distribution of income and expenditure. When the size of … the middle class increases (measured as the proportion of people with income above 10 US dollars a day in purchasing power …
Persistent link: https://www.econbiz.de/10010594090
Robots, that is any sort of machinery from computers to artificial intelligence programs that provides a good substitute for work currently performed by humans, can increasingly replace workers, even highly skilled professionals, and thus reduce opportunities for good jobs and pay. But, with...
Persistent link: https://www.econbiz.de/10011422761
We expand upon the previous models of inequity aversion of Fehr and Schmidt [1], and Frohlich et al. [2], which assume that dictators get disutility if the final allocation of surplus deviates from the equal split (egalitarian principle) or from the subjects' production (libertarian principle)....
Persistent link: https://www.econbiz.de/10009754116
Moderne Marktordnungen schützen den Verbraucher vor Schäden und sichern den Leistungswettbewerb und die Funktionsfähigkeit von Märkten. Wettbewerbsorientierte Verbraucherpolitik und verbraucherorientierte Wettbewerbspolitik ergänzen sich dabei. Die Verhaltensökonomik zeigt allerdings, dass...
Persistent link: https://www.econbiz.de/10009689209
What do labor income dynamics look like over the life-cycle? What is the relative importance of persistent shocks …. We let individuals with di fferent education levels have a separate income process; and within each skill group, we allow … the income processes diff er systematically by age, skill level and their interaction. To accurately describe labor income …
Persistent link: https://www.econbiz.de/10010230961
Brazil has made remarkable progress in reducing poverty and inequality. This reduction is explained by strong growth but also by effective social policies. Besides growth, public services and cash transfers have played the biggest role, the latter notably through the successful “Bolsa...
Persistent link: https://www.econbiz.de/10010231401
For many years now, a growing number of economists, policy makers, and civil society groups have pointed to the limits of using only GDP as the primary measure of national economic progress. Accordingly, a progressively greater focus has been placed on the concept of well-being and its optimal...
Persistent link: https://www.econbiz.de/10012630297