Showing 1 - 10 of 578
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
We introduce permanently-shifting income shares into a standard growth model with two types of agents. Capital owners represent the top quintile of U.S. households while workers represent the remainder. Our tractable model allows us to exactly replicate the observed U.S. time paths of the top...
Persistent link: https://www.econbiz.de/10011388197
This paper studies theoretically and empirically why and how labor policies may reduce productivity and employment in order to stabilize labor incomes and redistribute resources. It proposes a specific stylized model where the tradeoffs facing labor policies are influenced by structural factors,...
Persistent link: https://www.econbiz.de/10010328760
We examine the determinants of income mobility and inequality in a Ramsey model with elastic labor supply and … relationship between mobility and inequality is complex. For example, a reduction in the interest rate and an increase in the wage … rate reduce capital income inequality and allow upward mobility of the ability-rich. However, the increase in the labor …
Persistent link: https://www.econbiz.de/10010328796
We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure … voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged. …
Persistent link: https://www.econbiz.de/10011584914