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This paper studies the effects of progressive income taxes and education finance in a dynamic heterogeneous agent economy. Such redistributive policies entail distortions to labour supply and savings, but also serve as partial substitutes for missing credit and insurance markets. The resulting...
Persistent link: https://www.econbiz.de/10005124288
This paper analyzes the relationship between mean income and the income of the rich. Our methodology closely follows that of Dollar and Kraay (2002), but instead of looking at the bottom of the distribution, we analyze the top. We use panel data from the World Top Incomes database, which...
Persistent link: https://www.econbiz.de/10011257836
This paper contributes to the debate over the relationship between inequality and growth by proposing that the … disparities in empirical studies derive from the fact that they have not accounted for the level of inequality as a factor that … inequality exert a positive correlation with economic growth while high levels have a negative one. Additionally, and more …
Persistent link: https://www.econbiz.de/10011259019
This paper contributes to the debate over the relationship between inequality and growth by proposing that the … disparities in empirical studies derive from the fact that they have not accounted for the level of inequality as a factor that … inequality exert a positive correlation with economic growth while high levels have a negative one. Additionally, and more …
Persistent link: https://www.econbiz.de/10008839189
The aim of this article is to synthesize the various views of gender inequality and various indicators used to measure … neoclassical as well as the institutions and markets advancement are not sufficient to explain gender inequality. The political …
Persistent link: https://www.econbiz.de/10011109813
’ rent-seeking abilities, as well as with the gap between rich and poor. It is not income inequality per se that matters …, however, but inequality in the relative distribution of earning and political power. For each of the three channels of …-country differences in inequality permanent, or gradually narrowing? Equivalently, is there convergence not just in the first moment of …
Persistent link: https://www.econbiz.de/10005123982
importance of initial parental conditions (i.e. the driving force behind the persistence of inequality) enhances mobility and … inequality becomes more persistent. The reduction in the concentration of human capital in technologically-advanced sectors …
Persistent link: https://www.econbiz.de/10005124238
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10008683292
We argue that perceived fairness of the income generation process affects the association between income inequality and … income redistribution. Income inequality is predicted to have a more favorable impact on subjective wellbeing for individuals … differences in individual tolerance for income inequality, and the predicted influence of actual fairness. …
Persistent link: https://www.econbiz.de/10011112607
, which provides an integrated framework for analysing the local determinants of inequality and growth. Five main conclusions … inequality in education and income more persistent across generations. Whether the same is true of inequality in total wealth …
Persistent link: https://www.econbiz.de/10005661649