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This paper offers an analysis of the optimality of unemployment benefits based on the concept of no-envy. Using a general equilibrium framework whit uncertainty, we derive the conditions for a trade-off between the intensity of envy and the expected percentage of envious persons. If the...
Persistent link: https://www.econbiz.de/10004985082
The main claim of this paper is that in a world of equal entitlements to work rights the justification for a basic income is stronger, and that its level should be higher. the higher the level of unemployment or job scarcity. Point of departure is an economy with job scarcity. A fair way to deal...
Persistent link: https://www.econbiz.de/10004985456
Today, though the need for new indicators of progress is broadly recognized, no consensus has arisen on a successor to GDP. Various – often conflicting – quantification options are observed. On one side, one finds those who want to improve current indicators, by completing or adjusting them,...
Persistent link: https://www.econbiz.de/10009493509
Answers of sample survey respondents to questions like the following one: "In the circumstances of your household, what income would you regard as the minimum (or good/bad/sufficient, etc.) for your household?" can be used to estimate equivalence scales. It is sometimes claimed that this is a...
Persistent link: https://www.econbiz.de/10008520585
quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor …
Persistent link: https://www.econbiz.de/10011075062
inequality (+1.2 percentage points in the Theil inequality index). Much greater effects can be obtained if total factor …
Persistent link: https://www.econbiz.de/10011075063
of worker. Our analysis reveals that the effects of a liberalization on human capital accumulation, income and inequality … 20 percent in the short-run, and by more than 55 percent after 50 years. The world average index of inequality decreases … identifying assumptions. We also analyze partial liberalization shocks: effi ciency and inequality e¤ects are roughly proportional …
Persistent link: https://www.econbiz.de/10011075068
We develop a model to study the effects of migration and remittances on inequality in the origin communities. While … wealth inequality is shown to be monotonically reduced along the time-span, the short-and the long-run impacts on income … inequality may be of opposite signs, suggesting that the dynamic relationship between migration/remittances and inequality may …
Persistent link: https://www.econbiz.de/10004984687
In December 2005, the Belgian government adopted the law on the Intergenerational Solidarity Pact (ISP) with the objective to increase the employment rate of the elderly. In order to meet that objective, several active ageing policies and reforms were taken. The aim of this paper is to...
Persistent link: https://www.econbiz.de/10010762062
I study the optimal redistributive structure when individuals with distinct productivities also differ in disutility of work due to either disability or distase for work. Taxpayers have resentment against inactive benefit recipients because some of them are not actually disabled but lazy....
Persistent link: https://www.econbiz.de/10004984883