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We derive conditions of individual preferences and technology that give rise to a negative correlation between income inequality and environmental protection. We present a class of models (which captures a static model as well as an overlapping-generations model) in which individuals differ in...
Persistent link: https://www.econbiz.de/10005662063
is affected by the human capital of her colleagues. This is the case for goods such as health, education, legal services …
Persistent link: https://www.econbiz.de/10005124298
account (covering education and training), and a health account (covering insurance against sickness and disability). Unlike …, cushioning people against economic risk, ensuring efficient provision of health and education services, providing social safety …
Persistent link: https://www.econbiz.de/10005661484
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
If redistribution is distortionary, and if the income of skilled workers is due to knowledge-intensive activities and depends positively on intellectual property, a social planner which cares about income distribution may in principle want to use a reduction in Intellectual Property Rights...
Persistent link: https://www.econbiz.de/10005791837
cardiovascular health. We further test potential adverse health effects of unfair pay using data from a large representative data set …. Complementary to our experimental findings we find a strong and highly significant association between health outcomes, in … particular cardiovascular health, and fairness of pay. …
Persistent link: https://www.econbiz.de/10009144731
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained. Finally,...
Persistent link: https://www.econbiz.de/10005792213
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
The objective of this research is to document and to explain trends in inequality in 20th century France. Data from income tax returns (1915-98), wage tax returns (1919-98) and inheritance tax returns (1902-94), is used in order to compute fully homogeneous, yearly estimates of income...
Persistent link: https://www.econbiz.de/10005124300
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