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decomposition techniques of inequality measurement in a bivariate distribution context. Usually decomposed measures of inequality …
Persistent link: https://www.econbiz.de/10005609435
ethically flexible tools that integrate these two strands. This is achieved using a measure of inequality that merges the well … transfers into a vertical equity effect and a loss of redistribution due to either classical HI or reranking. An inequality …-change approach and a money-metric cost-of-inequality approach are developed. The latter approach makes aggregate classical HI …
Persistent link: https://www.econbiz.de/10005795984
flexible tools that integrate these two strands. This is achieved using a measure of inequality that merges the well-known Gini … inequality-change approach and a money-metric cost-of-inequality approach are developed. The latter approach makes aggregate …
Persistent link: https://www.econbiz.de/10005796028
poverty, welfare and inequality. This includes estimators of most of the poverty indices currently in use, as well as …, inequality or social welfare is greater in one distribution than in another for general classes of indices. We also derive the …
Persistent link: https://www.econbiz.de/10005696442
This paper makes a new attack on the old problem of measuring horizontal inequity (HI). A local measure of HI is proposed, and aggregated into a global index. Whilst other approaches have captured the welfare gain which would come from eliminating HI revenue-neutrally, our global index provides...
Persistent link: https://www.econbiz.de/10005696406
inequality and high redistributive effect for some specific figures of transfers. The contribution from Vertical Equity (VE) is …
Persistent link: https://www.econbiz.de/10010739576
path of inequality is not due to sam-pling variation. The secular trend in consumption expenditure inequality is found to … be downward sloped. Inequality declines sharply at the beginning of the century, increases during the great depression …
Persistent link: https://www.econbiz.de/10005661573
One often heard counter to the concern on rising income and wealth inequality is that it is wrong to focus on … inequality of outcomes in a “snapshot.” Intergenerational mobility and “equality of opportunity”, so the argument goes, is what … lower inequality not between individuals but between the dynasties to which they belong? And how does this pattern in turn …
Persistent link: https://www.econbiz.de/10011252615
incomes. This paper assesses the net welfare benefit of mobility by assuming both a social aversion to inequality in permanent … and on the inequality of income across individuals. Using panel data, we find that Canada’s tax system limits … income equalizing effect of taxes can reach up to 23 percent of mean income at the higher values of inequality aversion that …
Persistent link: https://www.econbiz.de/10009643549
In this article we quantify the aggregate, distributional and welfare consequences of two revenue neutral flat-tax reforms using a model economy that replicates the U.S. distributions of earnings, income and wealth in very much detail. We find that the less progressive reform brings about a 2.4%...
Persistent link: https://www.econbiz.de/10005662104