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The median voter hypothesis, income inequality and income

Milanovic, Branko - EconWPA - 2003

study reported in this paper is based on the required data, with 79 observations drawn from household budget surveys from 24 …

Persistent link: https://www.econbiz.de/10005076939

Liquidity Constraint and Household Portfolio in Japan

KASUGA, Norihiro; Matsuura, Katsumi - EconWPA - 2005

empirically examine which types of household suffer from liquidity constraint. Then, based on the probability obtained from this … relationship between liquidity constraint and household portfolio. Our results show that the more households suffer from liquidity … primarily to the industrial sector rather than the household sector (e.g. consumer loans), might lower the amount of risky …

Persistent link: https://www.econbiz.de/10005118884

Household Semi-Public Goods and the Estimation of Consumer Equivalence Scales: Some First Steps

Bradbury, Bruce - EconWPA - 1995

individuals of the household. No existing estimation method tackles all three of these issues in a simultaneous and transparent …Models of household consumption used to estimate the relative needs of people living in different family types need to … take account of economies of household size, price-like substitution effects and the allocation of consumption among the …

Persistent link: https://www.econbiz.de/10005077071

Wage and Income Inequality in Slovenia, 1993-2002

Stanovnik, Tine; Verbic, Miroslav - EconWPA - 2005

This paper analyses the dynamics of wage and income inequality in Slovenia from 1993 to 2002, using two different data sources. The first is obtained by extracting relevant information on wage earners from the personal income tax (PIT) database and the second is obtained using published data on...

Persistent link: https://www.econbiz.de/10005125991

The Tragedy of the Commons or the Curse of Federalism

Bouton, Laurent; Gassner, Marjorie; Verardi, Vincenzo - EconWPA - 2005

It has been suggested that …scal federalism is a good way to induce decentralized entities to behave parsimoniously, but this has been largely criticized in the literature, in particular because of the Common-Pool problem. In this paper, we present an extra facet of the latter problem. We...

Persistent link: https://www.econbiz.de/10005126001

True world income distribution, 1988 and 1993: First calculation based on household surveys alo

milanovic, Branko - EconWPA - 2003

paper to calculate world distribution for individuals based entirely on household survey data from 91 countries, and …

Persistent link: https://www.econbiz.de/10005134603

The Ricardian Vice: Why Sala-i-Martin’s calculations of world income inequality are wrong

Milanovic, Branko - EconWPA - 2003

The paper discusses recent world income inequality calculations by Sala- i-Martin. It shows that the two main problems with which the author had to grapple (too few data to derive countries’ income distributions, and sparseness of such data in time) are not solved in a satisfactory fashion....

Persistent link: https://www.econbiz.de/10005134630

Inequality and Growth: Does Time Change Anything

Gobbin, Niko; Rayp, Glenn - EconWPA - 2004

reliability, parameter heterogeneity, omitted variables bias, endogeneity problems, ... have seriously tainted estimation results …

Persistent link: https://www.econbiz.de/10005407640

Innovation, Inequality and Intellectual Property Rights

Weinhold, Diana; Reichert, Usha Nair- - EconWPA - 2004

The existing literature on the sources and nature of productivity growth during the early industrialization stages of U.S. has identified the combination of intellectual property rights (IPRs) with a large middle class and broad participation in markets as explanations for the extraordinary...

Persistent link: https://www.econbiz.de/10005407698

ELECTORAL SYSTEMS, POVERTY AND INCOME INEQUALITY

Verardi, Vincenzo - EconWPA - 2005

In this article we use the high-quality data coming from the Luxembourg Income Study Project, in a panel framework, to test for the effects of electoral systems on both poverty and income Inequality. We find that when de degree of proportionality of an electoral system increases, inequality and...

Persistent link: https://www.econbiz.de/10005560968