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A Model of the Consumption Response to Fiscal Stimulus Payments

Kaplan, Greg; Violante, Giovanni L - C.E.P.R. Discussion Papers - 2011

payments (e.g. tax rebates) are spent on non-durable household consumption in the quarter that they are received. We develop a …

Persistent link: https://www.econbiz.de/10009293985

Educational Choice, Lifetime Earnings Inequality, and Conflicts of Public Policy

Weizsäcker, Robert K von - C.E.P.R. Discussion Papers - 1994

Drawing on and extending the theory of human capital, a comprehensive life-cycle model of individual earnings is designed. The approach taken permits an isolated analysis of three interconnected levels of aggregation (intra-cohort distribution, overall distribution, and lifetime distribution)...

Persistent link: https://www.econbiz.de/10005124350

The Wealthy Hand-to-Mouth

Kaplan, Greg; Violante, Giovanni L; Weidner, Justin - C.E.P.R. Discussion Papers - 2014

accounts). We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and …

Persistent link: https://www.econbiz.de/10011084522

Trust, Inequality, and Ethnic Heterogeneity

Leigh, Andrew - Research School of Economics, College of Business and … - 2006

Using a large Australian social survey, combined with precise data on neighbourhood characteristics, I explore the factors that affect trust at a local level (‘localised trust’) and at a national level (‘generalised trust’). Trust is positively associated with the respondent’s...

Persistent link: https://www.econbiz.de/10005032871

Poverty Persistence in Sweden

Hansen, Jörgen; Wahlberg, Roger - C.E.P.R. Discussion Papers - 2004

representative Swedish panel dataset, LINDA, for the years 1991-2001. The data contains precise information on household disposable …

Persistent link: https://www.econbiz.de/10005114417

Family Taxation: An Unfair and Inefficient System

Apps, Patricia - Research School of Economics, College of Business and … - 2006

This paper presents an analysis of the 2005-06 family tax system comprising the personal income tax, the Medicare Levy, Family Tax Benefits Parts A and B and tax offsets. The results show that most families are now taxed, in effect, on the basis of joint income. Through a succession of reforms...

Persistent link: https://www.econbiz.de/10004968010

Wealth inequality and household structure: US vs. Spain

Bover, Olympia - C.E.P.R. Discussion Papers - 2008

We study the link between culturally inherited household structure and wealth distribution in international comparisons … using household data for the US and Spain (the SCF and the EFF). We estimate counterfactual US distributions relying on the … Spanish household structure. Our results show that differences in household structure account for most of the differences in …

Persistent link: https://www.econbiz.de/10005136407

Flat Tax Reforms in the US: A Boon for the Income Poor

Díaz-Giménez, Javier; Pijoan-Mas, Josep - C.E.P.R. Discussion Papers - 2006

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

A Gini Decomposition Analysis of Inequality in the Czech and Slovak Republics during the Transition

Garner, Thesia I; Terrell, Katherine - C.E.P.R. Discussion Papers - 1998

Disposable income inequality, as measured by the Gini coefficient and using Family Budget Survey data, increased very little, and by a similar amount, from 1989–93 in the Czech Republic and Slovakia. This surprising result is examined with an analysis of changes in the channels of...

Persistent link: https://www.econbiz.de/10005123731

Aggregate Implications of Wealth Redistribution: The Case of Inflation

Doepke, Matthias; Schneider, Martin - C.E.P.R. Discussion Papers - 2006

. Motivated by the case of an unanticipated inflation episode, we consider redistribution shocks that shift resources from old to …

Persistent link: https://www.econbiz.de/10005498105

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