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Migration, the Quality of the Labour Force and Economic Inequality

Kahanec, Martin; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2008

Mobility of workers involves flows of labour, human capital and other production factors and thus contributes to a more efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also change the international and national...

Persistent link: https://www.econbiz.de/10005791628

Flat Tax Reforms in the US: A Boon for the Income Poor

Díaz-Giménez, Javier; Pijoan-Mas, Josep - C.E.P.R. Discussion Papers - 2006

In this article we quantify the aggregate, distributional and welfare consequences of two revenue neutral flat-tax reforms using a model economy that replicates the U.S. distributions of earnings, income and wealth in very much detail. We find that the less progressive reform brings about a 2.4%...

Persistent link: https://www.econbiz.de/10005662104

From Bottom to Top: The Entire Distribution of Market Income in Germany, 1992-2001

Bach, Stefan; Corneo, Giacomo; Steiner, Viktor - C.E.P.R. Discussion Papers - 2007

modest increase in overall inequality of market incomes as measured by the Gini coefficient. However, we also document a … income inequality was stronger in East Germany than in West Germany. In both regions, the income concentration process …

Persistent link: https://www.econbiz.de/10005124248

Cardiovascular Consequences of Unfair Pay

Falk, Armin; Menrath, Ingo; Siegrist, Johannes; Verde, … - C.E.P.R. Discussion Papers - 2011

This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...

Persistent link: https://www.econbiz.de/10009144731

Patience Capital and the Demise of the Aristocracy

Doepke, Matthias; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2005

We model the decision problem of a parent who chooses an occupation and invests in the patience of her children. The two choices complement each other: patient individuals choose occupations with a steep income profile; a steep income profile, in turn, leads to a strong incentive to invest in...

Persistent link: https://www.econbiz.de/10005661955

Income Distribution and Housing Prices: An Assignment Model Approach

Määttänen, Niku; Terviö, Marko - C.E.P.R. Discussion Papers - 2010

inequality on the distribution of house prices in 6 US metropolitan regions. We fin that the recent increase in income inequality …

Persistent link: https://www.econbiz.de/10008466339

Income Inequality in France 1901-98

Piketty, Thomas - C.E.P.R. Discussion Papers - 2001

The objective of this research is to document and to explain trends in inequality in 20th century France. Data from … fully homogeneous, yearly estimates of income inequality, wage inequality and wealth inequality. The main conclusion is that … the decline in income inequality that took place during the first half of the 20th century was mostly accidental. In …

Persistent link: https://www.econbiz.de/10005124300

Top Indian Incomes, 1956-2000

Banerjee, Abhijit; Piketty, Thomas - C.E.P.R. Discussion Papers - 2002

This Paper presents data on the evolution of top incomes and wages from 1956 to 2000 in India using individual tax returns data. Our data shows that the shares of the top 0.01%, the top 0.1% and the top 1% in total income shrank very substantially until the early-to-mid 1980s, but then went back...

Persistent link: https://www.econbiz.de/10005067529

Openness, Inequality and Poverty: Endowments Matter

de Melo, Jaime; Gourdon, Julien; Maystre, Nicolas - C.E.P.R. Discussion Papers - 2006

liberalization on inequality are correlated with relative factor endowments. Trade liberalization is associated with increases in … inequality in countries well-endowed in highly skilled workers and capital or with workers that have very low education levels …, and in countries relatively well-endowed in mining and fuels while it is associated with decreases in inequality in …

Persistent link: https://www.econbiz.de/10005114466

What's the monetary value of distributive justice?

Corneo, Giacomo; Fong, Christina - C.E.P.R. Discussion Papers - 2005

This paper develops a simple theoretical model that can be implemented to estimate the willingness to pay for distributive justice. We derive a formula that allows one to recover the willingness to pay for distributive justice from the estimated coefficients of a probit regression and fiscal...

Persistent link: https://www.econbiz.de/10005792214