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It is often proposed that capital income tax rates be harmonized. Otherwise, a “race to the bottom” will occur and lead to governments not being able to perform their usual tasks. However, the development of corporate income tax revenues in relation to GDP does not indicate that a race to...
Persistent link: https://www.econbiz.de/10005755222
The proposal involves the establishment of ?welfare accounts? for every person in a country. There are to be four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...
Persistent link: https://www.econbiz.de/10010955894
shape of the distribution and derived measures of inequality, poverty, and mobility. Using employment histories of German …
Persistent link: https://www.econbiz.de/10010886845
This paper examines the long-run effect of foreign aid on income inequality for 21 recipient countries using panel … cointegration techniques to control for omitted variable and endogeneity bias. We find that aid exerts an inequality increasing …
Persistent link: https://www.econbiz.de/10010886909
Inequality, bi-polarization and polarization are related but distinct concepts aiming at analysing the income … distribution. This paper first recalls the main differences between these three notions of inequality, bipolarization and … on inequality, bipolarization and polarization is analyzed via what is known as the Shapley de-composition and the …
Persistent link: https://www.econbiz.de/10010956034
Two conversion schemes are usually employed for assessing personal-income inequality from household equivalent incomes … sensitivity of country inequality rankings to conversion schemes and explain the finding by means of inequality decomposition. A …
Persistent link: https://www.econbiz.de/10009646514
) and income inequality in the United States. Using panel cointegration techniques that allow for cross …-sectional heterogeneity, cross-sectional dependence, and endogenous regressors, we find that the short-run effects of FDI on income inequality … negative effect on income inequality in the United States. This result for the United States as a whole does not imply that FDI …
Persistent link: https://www.econbiz.de/10008478301
developing countries. Applying inequality indices and FieldsÂ’ (2001) decomposition methodology to Bolivian household survey data … of the years 1989 to 1997, we identify recent trends in wage inequality of urban Bolivia. Using a rent-based dual …
Persistent link: https://www.econbiz.de/10005755126
association of reduction of income inequality (redistribution) with subjective wellbeing. Their results provide evidence that … not only the outcome (inequality), but also the procedure (redistribution) that leads to the outcome influences subjective … people in Europe are negatively affected by income inequality, whereas reduction of inequality has a positive effect on well …
Persistent link: https://www.econbiz.de/10010983176
It is often feared that tax competition might lead to a “race to the bottom”. The consequence of a decline of tax rates on capital income would be shrinking capital income tax revenues and difficulties for national governments to perform their usual tasks. The paper analyzes what happened to...
Persistent link: https://www.econbiz.de/10010886902