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inequality indices when estimated from complex survey data. It turns out that this method also greatly simplifies the …
Persistent link: https://www.econbiz.de/10005763467
what extent is existing income inequality due to circumstances, as opposed to 'effort'? Our results suggest that several … circumstances, importantly both parental income and own IQ, are important for long-run income inequality, but that variations in … individual effort account for the most part of that inequality. …
Persistent link: https://www.econbiz.de/10008836680
are analogous to the widely-used decompositions of inequality indices by population subgroup, except that they summarize … are not dependent on the choice of a specific summary index. Nonetheless, since inequality and poverty indices can be …
Persistent link: https://www.econbiz.de/10005762087
developments in Lemieux’s (2002) decomposition method to advance our understanding of the determinants of wage inequality in … introduction of markets and new institutions affected men’s and women’s wage inequality between 1986 and 2003. We find that wage … inequality rises substantially for both men and women. Applying the Lemieux method, we show that market forces drive the increase …
Persistent link: https://www.econbiz.de/10005822663
We examine the (potentially nonlinear) relationship between inequality and growth using a method which does not require … used (nonlinear) parametric approaches - the economy first expands rapidly with a large decline in inequality, plateaus … when inequality remains relatively stable, and then decreases rapidly with a large increase in inequality. This novel …
Persistent link: https://www.econbiz.de/10011128023
Outside the US, little is known of long-run trends in executive compensation. We fill this gap by studying BHP, a resources giant that has long been one of the largest companies on the Australian stock market. From 1887 to 2013, trends in CEO and director remuneration (relative to average...
Persistent link: https://www.econbiz.de/10010884303
inequality? Data from the United States Census Bureau suggests there has been a rise in assortative mating. Additionally …, assortative mating affects household income inequality. In particular, if matching in 2005 between husbands and wives had been ….34, so that income inequality would be smaller. Thus, assortative mating is important for income inequality. The high level …
Persistent link: https://www.econbiz.de/10010884330
In a number of high-income countries over the past few decades there has been a large growth in income inequality and … an appropriate response to rising inequality is a shift towards a more progressive multi-bracket income tax system, with …
Persistent link: https://www.econbiz.de/10010884365
Does the association between household characteristics and household CO2 emissions differ for different areas such as home energy, transport, indirect and total emissions in the UK? Specific types of households might be more likely to have high emissions in some areas than in others and thus be...
Persistent link: https://www.econbiz.de/10010959530
This article assesses two secondary data compilations about income inequality – the World Income Inequality Database … (WIIDv2c), and the Standardized World Income Inequality Database (SWIIDv4.0) which is based on WIID but with all observations …
Persistent link: https://www.econbiz.de/10010959664