Showing 1 - 10 of 394
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
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
end of a period serves as her endowment in the following period. In this setting growth and inequality arise endogenously …. Inequality and group income are positively correlated for poor groups, but negatively correlated for rich groups. There is very … strong path dependence: inequality in early periods is strongly negatively correlated with group income in later periods …
Persistent link: https://www.econbiz.de/10010959700
inequality: Thus there is a new approach for explaining Piketty's historical findings of a medium term rise of the capital income …
Persistent link: https://www.econbiz.de/10011265664
find inequality has increased post democracy in Nigeria, more so among women than men. …
Persistent link: https://www.econbiz.de/10005233750
Although income inequality has been studied extensively, relatively little attention has been paid to the role of … sensitivity analysis indicates that virtually all of the decline in measured inequality when moving from money income to extended … measured inequality is insensitive to the correlation between money and household production income. The practical importance …
Persistent link: https://www.econbiz.de/10005025600
This paper suggests multidimensional affluence measures for the top of the distribution. In contrast to commonly used top income shares, they allow the analysis of the extent, intensity and breadth of affluence in several dimensions within a common framework. We illustrate this by analyzing the...
Persistent link: https://www.econbiz.de/10009283567
We examine theoretically and empirically social interactions in labor markets and how policy prescriptions can change dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor supply perfectly inelastic at a reference group...
Persistent link: https://www.econbiz.de/10009283580
. Therefore, wage mobility does not balance recent increases in cross-sectional wage inequality. We apply RIF (recentered …
Persistent link: https://www.econbiz.de/10009416948
This paper considers the problem of measuring segregation when groups form a hierarchy whereby some groups have greater economic status than others. While existing measures of segregation address the case where people are unequally distributed across groups with the same economic status, concern...
Persistent link: https://www.econbiz.de/10010555241