Showing 1 - 10 of 19
This paper analyses the role of the elderly couples’ past marital history in determining their current wealth holdings … the life cycle. While the net cost of divorce in terms of household wealth accumulation is higher for men than it is for … couples’ marital history plays a minor role in explaining the dispersion in their wealth holdings near the end of the life …
Persistent link: https://www.econbiz.de/10004968013
levels, single immigrants have a wealth advantage of almost $185,000 relative to single native-born individuals. Although the … wealth gap between mixed and native-born couples is not statistically significant, immigrant-only couples have approximately … $150,000 less wealth on average than native-born couples. Relative to equally wealthy native-born couples, immigrant …
Persistent link: https://www.econbiz.de/10004971429
This paper presents for the .rst time the properties of optimal piece-wise linear tax systems for two-earner households, based on joint and individual incomes respectively. A key contribution is the analysis of the interaction of second earner wage di¤erences, variation in prices of bought-in...
Persistent link: https://www.econbiz.de/10011079132
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/10011079145
empirical evidence. We go on to argue that, against the background of rising inequality and an aging population, the appropriate …
Persistent link: https://www.econbiz.de/10011079147
Using taxation and household survey data, this paper estimates top income shares for Indonesia during 1920-2004. Our results suggest that top income shares grew during the 1920s and 1930s, but fell in the post-war era. In more recent decades, we observe a sharp rise in top income shares during...
Persistent link: https://www.econbiz.de/10004967981
countries, I find that there is a strong and significant relationship between top income shares and broader inequality measures … measures of inequality over periods when alternative income distribution measures are of low quality, or unavailable …
Persistent link: https://www.econbiz.de/10004967999
coefficient, but is exogenous to any behavioral response. Analyzing the effect of this redistribution index on inequality, I find … personal income. From a political economy perspective, I also find some evidence that more inequality leads states to implement … redistribution and inequality. …
Persistent link: https://www.econbiz.de/10004970062
We investigate whether changes in economic inequality affect mortality in rich countries. To answer this question we … use a new source of data on income inequality: tax data on the share of pretax income going to the richest 10 percent of …, the UK, and the US between 1903 and 2003. Although this measure is not a good proxy for inequality within the bottom half …
Persistent link: https://www.econbiz.de/10004971344
changing assortative mating patterns on income inequality. Evidence from theoretical and mathematically calibrated models … variables, we find some evidence to suggest that assortative mating has had an influence on the increase in income inequality in …
Persistent link: https://www.econbiz.de/10004971377