Showing 1 - 10 of 23
Even if individuals care about their current economic status, they are mainly concerned about the time they remain in it (its duration). The expected duration of an economic status affects how individuals perceive it and therefore, it should modify any economic policy aiming for Social Welfare...
Persistent link: https://www.econbiz.de/10005797459
funding process when student mobility between schools is limited by land market imperfections, and some aspects of educational …
Persistent link: https://www.econbiz.de/10005670783
We develop a general equilibrium model of multiproduct fi…rms with quality differentiated goods. Households are characterized by an heterogeneous taste for the differentiated good and their income level. The use of non-homothetic preferences and vertical product differentiation (product...
Persistent link: https://www.econbiz.de/10011003912
This paper employs a decomposition analysis of inequality by income source to understand and explain particular aspects of income inequality in Greece. The results suggest that entrepreneurial income is the most significant contributor to overall inequality in Greece. It is also shown that there...
Persistent link: https://www.econbiz.de/10005310313
much mobility, but most of it short-range. …
Persistent link: https://www.econbiz.de/10005151129
Choosing between two income distribution models typically involves testing two non-tested hypotheses, that is hypotheses such that one cannot be obtained as a special or limiting case of the other. Cox (1961, 1962) proposed a classical testing procedure based on the comparison of the maximised...
Persistent link: https://www.econbiz.de/10005797452
Non-parametric kernel density estimates are employed for an exploratory analysis of the distributional conseuqnces of the German tax-benefit system using GSOEP. The focuses is on the year 1991 and a detailed analysis is provided. Moreover, the anatomy of income inequality is thoroughly examined,...
Persistent link: https://www.econbiz.de/10005797464
This paper develops a model to understand mechanisms behind the rise of mass consumption societies. The development process depicted in the model follows the Flying Geese pattern, in which a series of industries takes off one after another. As productivity improves in these industries, each...
Persistent link: https://www.econbiz.de/10005797487
We examine the evidence on rank and income mobility in China during the decades immediately preceding and immediately … following the millennium using panel data from the China Health and Nutrition Survey. We show that rank mobility changed … markedly over the period: in this respect China is becoming markedly more rigid. By contrast income mobility has carried on …
Persistent link: https://www.econbiz.de/10010655945
We address a puzzle in welfare economics - the possibility that rational people may be simultaneously against two apparently con‡icting forms of "tyranny." In fact the two types of tyranny can be reconciled but at the possible cost of con‡ict with other standard welfare principles. We...
Persistent link: https://www.econbiz.de/10008838681