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If redistribution is distortionary, and if the income of skilled workers is due to knowledgeintensive activities and … reduction reduces statis inefficiency. On the other hand, standard redistribution also reduces the level of R and D because it … that standard redistribution always dominates limitations to IPRs. …
Persistent link: https://www.econbiz.de/10005762372
and inequality. Finally, from the point of view of labor markets, by aiming to reduce perceived tax-wedges. This could be …
Persistent link: https://www.econbiz.de/10010734419
There is clear evidence that fairness plays a role in redistribution. Individuals want to compensate others for their …
Persistent link: https://www.econbiz.de/10008777147
claimed that "the more we target benefits at the poor, the less likely we are to reduce poverty and inequality". The basic … fact become a very weak one. For what it matters, targeting tends to be associated with higher levels of redistribution …
Persistent link: https://www.econbiz.de/10010884086
This paper investigates to what extent the tax and transfer systems in Europe protect households at different income levels against losses in current income caused by economic downturns like the present financial crisis. We use a multi country micro simulation model to analyse how shocks on...
Persistent link: https://www.econbiz.de/10008506088
-2006. While there has been no increase in aggregate happiness, inequality in happiness has fallen substantially since the 1970s … happiness by education have widened substantially. We develop an integrated approach to measuring inequality and decomposing … changes in the distribution of happiness, finding a pervasive decline in within-group inequality during the 1970s and 1980s …
Persistent link: https://www.econbiz.de/10005822578
This paper provides a novel justification for using a minimum wage to supplement an optimal tax-and-transfer system. We demonstrate that if labor supply decisions are concentrated along the intensive margin and employment is efficiently rationed, a minimum wage can be socially beneficial by...
Persistent link: https://www.econbiz.de/10010959627
The increasing wage inequality in many countries is usually seen as brought about by economic forces that drive for …
Persistent link: https://www.econbiz.de/10008924594
The goal of scientific work is to understand more and more by less and less. In this effort, theoretical unification plays a large part. There are two main types of theoretical unification – unification of different theories of the same field of phenomena and unification of theories of...
Persistent link: https://www.econbiz.de/10005822968
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced … declare low and high levels of happiness. Rising income inequality moderates the fall in happiness inequality, and may even … the happiness of all, it will at least harmonize the happiness of all, providing that income inequality does not grow too …
Persistent link: https://www.econbiz.de/10011252278