Showing 1 - 10 of 452
We apply a partial identification analysis using comprehensive Norwegian register data to investigate the causal effect of father's income on child income. We find a strong association between the incomes of fathers and children. The causal effect, however, equals at least 1% and at most 51% of...
Persistent link: https://www.econbiz.de/10015166189
A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and … intergenerational inequality aversion and for risk aversion. If growth increases (reduces) intra-generational inequality, the SDR is … lower (higher) and the SCC higher (lower) than along an inequality-neutral growth path, especially if intra-generational and …
Persistent link: https://www.econbiz.de/10013353389
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...
Persistent link: https://www.econbiz.de/10013470263
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 … countries. Using Thailand's tax return data, we study the evolution of earnings inequality, estimate medium-term earnings …
Persistent link: https://www.econbiz.de/10014290112
Like in many other countries, wealth inequality has increased in Switzerland over the last fifty years. By providing …
Persistent link: https://www.econbiz.de/10014290227
, escalating income inequality. Policy simulations indicate government support measures mitigated wage income reduction and … unemployment rise, yet they contributed to income inequality under certain conditions. These results provide insight into the …
Persistent link: https://www.econbiz.de/10014377521
We study beliefs about wealth inequality and preferences for wealth redistribution. For this, we conduct a large … overestimate their position reduce their aversion to inequality after learning their position, while those who underestimate their …
Persistent link: https://www.econbiz.de/10014574300
among the wealthy, while owner-occupied housing is crucial for middle groups, so higher stock prices raise wealth inequality … while house price increases do the opposite. Inheritances exacerbate absolute wealth inequality but reduce rel …-ative inequality. Wealth inequality declined in advanced Western countries during the first half of the 20th century, then stabilized …
Persistent link: https://www.econbiz.de/10015047235
The paper examines the impact of income inequality and mobility on income redistribution in a modified median voter … model where redistributive conflict takes place both between educational groups and age-groups. The effects of inequality … inequality. We also examine the effect of the length of electoral periods on redistribution and welfare for different groups and …
Persistent link: https://www.econbiz.de/10010261360
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10010274890