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Previous estimates of inequality of opportunity (IOp) are lower bounds because of the unobservability of the full set of endowed characteristics beyond the sphere of individual responsibility. Knowing the true size of unfair IOp, however, is important for the acceptance of (some) inequality and...
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The ongoing economic criticism of the German Renewable Energy Act (EEG) recently started focusing on distributional effects, too. A team of authors at the Cologne Institute for Economic Research is worried about high costs for electricity consumers. They argue since electric power consumption is...
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How do different components of the tax and transfer systems affect disposable income inequality? This article explores the redistributive effects of different tax benefit instruments in the enlarged European Union (EU) based on two approaches. Inequality analysis based on the sequential...
Persistent link: https://www.econbiz.de/10009372009
The distribution of income and wealth in Germany grew increasingly unequal until the beginning of the financial crisis. But inequality has not risen in either Germany or Switzerland since 2005. Nevertheless, Germans overestimate inequality. The German gap between reality and perception of...
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