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Austria and show that the average treatment effect of information on perceptions is mostly driven by higher income individuals … perceptions of intergenerational mobility change along the income distribution. Empirically, we conduct a survey experiment in … while low-income respondents hardly react. We replicate this result for the United States and Germany using data from two …
Persistent link: https://www.econbiz.de/10014345626
This paper documents earnings dynamics over the life-cycle and income level using a large administrative database from … normality. For the bottom earners, large income changes are driven equally by hours and wages which is consistent with …, there is no evidence of an added-worker effect but government insurance and income pooling can mitigate the pass-through of …
Persistent link: https://www.econbiz.de/10013224084
nature affect mobility and the transmission of income inequality across generations, thus complementing the vast empirical …
Persistent link: https://www.econbiz.de/10012841147
This paper investigates inequality and intragenerational economic mobility in a developing country with large inequality. Understanding economic mobility is important because it shapes our perception of inequality. Despite its significance, evidence on intragenerational mobility, especially that...
Persistent link: https://www.econbiz.de/10014262489
We provide the first estimates of intergenerational income mobility for a developing country, namely Brazil. We measure … formal income from tax and employment registries, and we train machine learning models on census and survey data to predict … informal income. The data reveal a much higher degree of persistence than previous estimates available for developed economies …
Persistent link: https://www.econbiz.de/10014243166
in unearned income, we exploit a policy reform that lowered survivor pensions in Austria. Men widowed after the survivor …We study the effect of lower unearned income on labor supply. To identify the causal effect of an unexpected reduction … to a labor supply elasticity at the extensive margin with respect to the changes in total income of about –0.9 to –1.3 …
Persistent link: https://www.econbiz.de/10013250031
proportion of income) also decline by almost the same amount, suggesting shared understanding that is characteristic of social …
Persistent link: https://www.econbiz.de/10012908662
theory characterizes how innovation and learning determine technology gaps, trade and global income inequality. Countries …
Persistent link: https://www.econbiz.de/10012866618
Since the 1980s inflationary pressures seem to materialize overproportionately outside of the sectors of consumer goods and services. We combine the Harmonized Index of Consumer Prices with indices for asset prices, such as stocks and real estate, as well as the costs of public goods to develop...
Persistent link: https://www.econbiz.de/10013315286
We characterize a measure of social welfare for linear production economies in which individuals differ in productive skills and preferences. The key feature of our measure is that it aggregates fairness gaps, defined as the difference between the money-metric utility that the individual...
Persistent link: https://www.econbiz.de/10014262033