Showing 1 - 10 of 177
We use a range of data sources to assess if, and to what extent, government redistribution policies have slowed or … redistribution systems in place, greater inequality automatically leads to more redistribution, even if no policy action is taken. We … redistribution. Between the mid-1990s and the mid-2000s, the redistributive strength of tax-benefit systems then weakened in many …
Persistent link: https://www.econbiz.de/10009325419
citizens’ support for the market by guaranteeing income redistribution to inequality-averse agents. Our identification strategy …
Persistent link: https://www.econbiz.de/10005822609
This paper explores if more generous social spending polices in fact lead to less income inequality, or if redistributive outcomes are offset by behavioral disincentive effects. To account for the inherent endogeneity of social policies with regard to inequality levels, I apply the System GMM...
Persistent link: https://www.econbiz.de/10008564705
The systems of direct taxes and cash benefits in the Member States of the European Union vary considerably in size and structure. We explore their direct impacts on cross-sectional income inequality (termed "redistributive effect" for the purpose of this paper) using EUROMOD, a tax-benefit...
Persistent link: https://www.econbiz.de/10005761898
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
Income inequality can be measured at different levels of aggregation such as global, continental, international and national levels. Here we consider income inequality at regions defined as equivalent of continental and sub-continental levels. We investigate the economic disparity between...
Persistent link: https://www.econbiz.de/10005822346
This paper reviews the long run developments in the distribution of personal income and wealth. It also discusses suggested explanations for the observed patterns. We try to answer questions such as: What do we know, and how do we know, about the distribution of income and wealth over time? Are...
Persistent link: https://www.econbiz.de/10010764612
Income inequality can be measured at different levels of aggregation such as global, continental, international and national levels. Here we consider income inequality at the national level but the focus is on the within country regional inequality. Regional inequality in income distribution in...
Persistent link: https://www.econbiz.de/10005566719
This paper is a review of the recent advances in the measurement of inequality. Inequality can have several dimensions. Economists are mostly concerned with the income and consumption dimensions of inequality. Several inequality indices including the most widely used index of inequality namely...
Persistent link: https://www.econbiz.de/10005566845
By allowing for imperfectly informed markets and the role of private information, we offer new insights about observed deviations of portfolio concentrations in domestic relative to foreign risky assets, or "home bias", from what standard finance models predict. Our model ascribes the "bias" to...
Persistent link: https://www.econbiz.de/10009359859