Showing 1 - 10 of 65
The standard approach in empirical analyses of income distributions is to estimate income inequality in a country under the assumption of full interpersonal comparability of income. To be meaningful, this method requires that prices and qualities of goods as well as consumption habits are...
Persistent link: https://www.econbiz.de/10004980772
There are large differences in intergenerational mobility between countries. However, little is known about how persistent such differences are, and how they evolve over time. This paper constructs a data set of 835,537 linked father-son pairs from census records and documents a substantial...
Persistent link: https://www.econbiz.de/10011210465
The purpose of this paper is to define various mean-spread-preserving transformations, which can be considered as generalized versions of the mean-Gini-preserving transformation. The mean-Gini-preserving transformation, which was introduced independently by Zoli (1997, 2002) and Aaberge (2000b),...
Persistent link: https://www.econbiz.de/10004980608
We consider concepts and models that are useful for measuring how strongly the distribution of a positive response Y is concentrated near a value with a focus on how concentration varies as a function of covariates. We combine ideas from statistics, economics and reliability theory. Lorenz...
Persistent link: https://www.econbiz.de/10004980629
It is shown that if social welfare is the sum of logaritmic utility function, the optimal income distribution and the welfare effect of any income redistribution is independet of the equivalence scales. In optimum all households have the same per capita income. Based on this observation it is...
Persistent link: https://www.econbiz.de/10004980651
The analysis contrasts results of two recently expounded micro-level data approaches to derive robust intertemporal characterizations of redistributional effects of income tax schedules; the fixed-income procedure of Kasten, Sammartino and Toder (1994) and the transplant-and-compare method of...
Persistent link: https://www.econbiz.de/10004980685
This paper focuses on the measurement of progressivity and the distributional effect of the Norwegian tax reform of 1992. Progressivity is measured by the degree of disproportionality, which implies that the burden of taxes is estimated when income units are ranked according to pre-tax incomes....
Persistent link: https://www.econbiz.de/10004980730
A methodology to describe the distributional and behavioural effects of child care subsidies is presented within a micro simulation framework. We discuss the effects of changing the governmental policy to support families with preschool children, from today's subsidisation of spaces at child...
Persistent link: https://www.econbiz.de/10004980752
Differences in individual wealth holdings are widely viewed as a driving force of economic inequality. However, as this finding relies on cross-section data, we may confuse older with wealthier. We propose a new method to adjust for age effects in cross-sections, which eliminates transitory...
Persistent link: https://www.econbiz.de/10004980768
This paper is concerned with the problem of ranking Lorenz curves in situations where the Lorenz curves intersect and no unambiguous ranking can be attained without introducing weaker ranking criteria than first-degree Lorenz dominance. To deal with such situations two alternative sequences of...
Persistent link: https://www.econbiz.de/10004980778