Showing 1 - 10 of 362
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the … possible rationale for recent inequality developments. …
Persistent link: https://www.econbiz.de/10005792213
This paper provides a comprehensive survey of seven aspects of rising inequality that are usually discussed separately …: changes in labor’s share of income; inequality at the bottom of the income distribution, including labor mobility; skill …-biased technical change; inequality among high incomes; consumption inequality; geographical inequality; and international differences …
Persistent link: https://www.econbiz.de/10005123580
One often heard counter to the concern on rising income and wealth inequality is that it is wrong to focus on … inequality of outcomes in a “snapshot.” Intergenerational mobility and “equality of opportunity”, so the argument goes, is what … lower inequality not between individuals but between the dynasties to which they belong? And how does this pattern in turn …
Persistent link: https://www.econbiz.de/10011252615
We investigate how vertical unity within a community interacts with horizontal class divisions of an unequal income distribution. Community is conceptualized in terms of a public good to which all those in the community have equal access, but from which outsiders are excluded. We formulate the...
Persistent link: https://www.econbiz.de/10005666575
Disposable income inequality, as measured by the Gini coefficient and using Family Budget Survey data, increased very … inequality due to changes in the wage earnings component is mitigated by changes in the tax and transfer components in both … in the tax component to lowering the growth of inequality in the Czech Republic, while the reverse was true for Slovakia. …
Persistent link: https://www.econbiz.de/10005123731
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
absolute inequality in welfare achievement, while leaving the change in relative inequality ambiguous. Additionally …
Persistent link: https://www.econbiz.de/10005504401
The academic literature on equality of opportunity has burgeoned. More recently, the concepts and measures have begun to be used by policy institutions, including in specific sectors like health and education. Indeed, it is argued that one advantage of focusing on equality of opportunity is that...
Persistent link: https://www.econbiz.de/10011207400
general-equilibrium mapping from tariffs to household inequality measures. This also yields predictions for linkages between … tariffs, development level, and observed household inequality. Working with a new dataset, we then examine cross …-country variation in inequality with respect to import protection. Results are consistent with predictions of the factor-intensity model …
Persistent link: https://www.econbiz.de/10005656223
The rise in inequality and poverty is one of the most important economic and social issues in recent times. But in … contrast to the literature on individual earnings inequality, there has been little work modelling (as opposed to documenting … from individual, income and poverty dynamics. In this paper, we illustrate this framework with an application to poverty …
Persistent link: https://www.econbiz.de/10005067407