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Recent discussions about rising inequality in industrialized countries have triggered calls for more government … redistributional policies are indeed able to combat inequality. This paper contributes to this relevant research question by using … different contextual country-level data sources to study inequality trends in OECD countries since the 1980s. We first …
Persistent link: https://www.econbiz.de/10011279291
How do different components of the tax and transfer systems affect disposable income inequality? This paper explores … the redistributive effects of different tax benefit instruments in the enlarged EU based on two approaches. Inequality … analysis based on the standard approach suggests that benefits are the most important factor reducing inequality in the …
Persistent link: https://www.econbiz.de/10008527296
This paper explores if more generous social spending polices in fact lead to less income inequality, or if … with regard to inequality levels, I apply the System GMM estimator and use the presumably random incidence of certain … reduces inequality levels. The result is robust with respect to the instrument count and different data restrictions. Looking …
Persistent link: https://www.econbiz.de/10008564705
income inequality. The increase in income inequality can be avoided by combining a higher tax rate with a higher basic …
Persistent link: https://www.econbiz.de/10005822885
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of … changes, transitory and permanent shocks and estimate the contribution of each to total inequality. Our model fits the joint … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …
Persistent link: https://www.econbiz.de/10005703321
Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of countries. Most of these studies have focused on the national experience of individual countries, but we can also learn from cross-country comparisons. Comparative analysis is...
Persistent link: https://www.econbiz.de/10008506080
is evidence about real income levels and inequality, and the prevalence of affluence and of poverty. …
Persistent link: https://www.econbiz.de/10011167205
We reassess the empirical effect of income and employment on self-reported well-being. Our analysis makes use of a novel two-step estimation procedure that allows applying instrumental variable regressions with ordinal observable data. As suggested by the theory of incomplete markets, we...
Persistent link: https://www.econbiz.de/10010720076
We study the effect of real versus nominal income on life satisfaction. According to economic theory real income, i.e., nominal income adjusted for purchasing power, should be the relevant source of life satisfaction. Previous work, however, has only studied the impact of nominal income. We use...
Persistent link: https://www.econbiz.de/10010638877
This paper is intended to shed light on the extent of poverty in the Russian Federation. We present estimates of poverty lines and poverty ratios derived from subjective questions used in a during data collection for a large household panel (RUSSET). We estimate poverty using a subjective...
Persistent link: https://www.econbiz.de/10005762394