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and measurement of, redistribution. Amongst the themes are: the potential usefulness of apparently inefficient policy … instruments in overcoming the self-selection constraints on redistribution and limiting the damage that ill …, while there are circumstances in which redistribution may plausibly generate efficiency gains, the likelihood that some …
Persistent link: https://www.econbiz.de/10014024197
This paper studies optimal dynamic tax policy under the threat of political reform. A policy will be reformed ex post if a large enough political coalition supports reform; thus, sustainable policies are those that will continue to attract enough political support in the future. We find that...
Persistent link: https://www.econbiz.de/10011168909
The advent of information technology facilitates the geographic separation of production tasks, which is referred to as offshoring in international contexts and inshoring in domestic contexts. Although the literature on offshoring has flourished, the research regarding inshoring is limited. This...
Persistent link: https://www.econbiz.de/10010574529
-2006. While there has been no increase in aggregate happiness, inequality in happiness has fallen substantially since the 1970s … happiness by education have widened substantially. We develop an integrated approach to measuring inequality and decomposing … changes in the distribution of happiness, finding a pervasive decline in within-group inequality during the 1970s and 1980s …
Persistent link: https://www.econbiz.de/10005136431
rise in income inequality. Poverty has increased sharply with an estimated 18.5% of the population on incomes below the …
Persistent link: https://www.econbiz.de/10005498039
The paper investigates how comparisons of multivariate inequality can be made robust to varying the intensity of focus … and follows the dominance approach to making inequality comparisons. By focusing on those below a multidimensional … inequality “frontier”, we are able to reconcile the literature on multivariate relative poverty and multivariate inequality. Some …
Persistent link: https://www.econbiz.de/10011056198
In this paper we demonstrate that supplementing the optimal non-linear income tax system with a binding maximum wage rule attains a Pareto improvement, by serving to mitigate the mimicking incentives of the high-skill individuals without entailing distortions.
Persistent link: https://www.econbiz.de/10010681755
redistribution to the poor in developing countries hit by the food price crisis. This recommendation makes sense when the poor are …
Persistent link: https://www.econbiz.de/10011430549
household market income inequality, due to the redistributive effect of tax and transfer systems, but redistribution differs …, but redistribution differs widely across countries. This paper maps income inequality for all OECD countries across …Countries differ widely with respect to the level of labour income inequality among individuals of working age. Labour …
Persistent link: https://www.econbiz.de/10009393776
Income inequality and relative poverty in the United States are among the highest in the OECD and have substantially … of growth. The present paper analyses the causes of US income inequality and relative poverty in an OECD context … degree, high income inequality is attributable to the large dispersion of earned income, which should be addressed by …
Persistent link: https://www.econbiz.de/10009767746