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claimed that "the more we target benefits at the poor, the less likely we are to reduce poverty and inequality". The basic …
Persistent link: https://www.econbiz.de/10010884086
identity on individuals' intrinsic response to incentives, and consequently on widening income inequality. …
Persistent link: https://www.econbiz.de/10010884157
When is one distribution (of income, consumption, or some other economic variable) more equal or better than another? This question has proven difficult to answer in situations where distribution functions intersect and no unambiguous ranking can be attained without introducing weaker criteria...
Persistent link: https://www.econbiz.de/10010884192
households. Using household level data on debt accumulation during 2001-2012, we show that low-income households in high-inequality … regions accumulated less debt relative to income than their counterparts in lower-inequality regions, which negates the … during the 2000s. We present a model in which banks use applicants' incomes, combined with local income inequality, to infer …
Persistent link: https://www.econbiz.de/10010884200
childbearing between socioeconomic groups raise concerns about child wellbeing in poor families and future inequality. This paper …
Persistent link: https://www.econbiz.de/10010884283
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
Research and policy discussion about the diverging fortunes of children from advantaged and disadvantaged households have focused on the skill disparities between these children – how they might arise and how they might be remediated. Analysis of data from the National Longitudinal Study of...
Persistent link: https://www.econbiz.de/10010884327
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
Distributional consequences typically receive limited attention in economic models that analyze the effects of monetary and financial sector policies. These consequences deserve more attention since financial markets are incomplete, imperfect, and economic agents' access to them is often...
Persistent link: https://www.econbiz.de/10010885185