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Does A Wealth Tax Improve Equality of Opportunity?

Berg, Kristoffer; Hebous, Shafik - 2021

Does parental wealth inequality impact next generation labor income inequality? And does a tax on parental wealth …

Persistent link: https://www.econbiz.de/10012657880

Does money change who you are? Quasi-experimental evidence on the effects of wage increases on personality

Ayaita, Adam - 2022

Using the 2015 introduction of a statutory minimum wage in Germany as a quasi-experiment, I investigate the effects of wage increases on personality. The degree to which each worker's wage is intended to be affected by the reform is used as an instrument for the relative increase in the worker's...

Persistent link: https://www.econbiz.de/10013347613

Does the choice of well-being measure matter empirically? An illustration with German data

Decancq, Koen; Neumann, Dirk - 2014

We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann-Morgenstern utilities of the individuals. After examining the...

Persistent link: https://www.econbiz.de/10010464358

Income mobility of owners of small businesses when boundaries between occupations are vague

Thoresen, Thor Olav - 2009

Ownership of small businesses can facilitate upward mobility through the income hierarchy and help individuals maintain a place at the higher end of the income distribution hierarchy. This paper compares the positional stability of owners of small businesses with that of wage earners, arguing...

Persistent link: https://www.econbiz.de/10010276837

Income Inequality, Mobility and the Accumulation of Capital

García-Peñalosa, Cecilia; Turnovsky, Stephen J. - 2013

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

Dynamics of income rank volatility: Evidence from Germany and the US

Chauvel, Louis; Hartung, Anne; Palmisano, Flaviana - 2017

This paper presents a methodology for comparing income rank volatility profiles over time and across distributions. While most of the existing measures are affected by changes in marginal distributions, this paper proposes a framework that is based on individuals' relative positions in the...

Persistent link: https://www.econbiz.de/10011748468

Income changes do not influence political participation: Evidence from comparative panel data

Jungkunz, Sebastian; Marx, Paul - 2021

latent-growth-curve modeling based on household panels show that participatory inequality by parental income is already large … research on (political) inequality in youth and childhood. …

Persistent link: https://www.econbiz.de/10012549992

Income mobility

Jäntti, Markus; Jenkins, Stephen P. - 2013

We survey the literature on income mobility, aiming to provide an integrated discussion of mobility within- and between-generations. We review mobility concepts, descriptive devices, measurement methods, data sources, and recent empirical evidence.

Persistent link: https://www.econbiz.de/10010327284

The effect of self-employment on income inequality

Schneck, Stefan - 2018

influence function regression of inequality measures corroborate that self-employment is a source of income inequality in the …

Persistent link: https://www.econbiz.de/10011960820

Knowledge is power: A theory of information, income, and welfare spending

Lind, Jo Thori; Rohner, Dominic - 2011

No voters cast their votes based on perfect information, but better educated and richer voters are on average better informed than others. We develop a model where the voting mistakes resulting from low political knowledge reduce the weight of poor voters, and cause parties to choose political...

Persistent link: https://www.econbiz.de/10010278900