Showing 1 - 10 of 465
conventional wisdom, rather than calling for more redistribution, the presence of this scale dependence provides a rationale for …. At an aggregate level, a rise in redistribution induces a compression effect on the distribution of pre-tax returns. In … the financial market, I identify general equilibrium trickle-up externalities that provide a force for more redistribution …
Persistent link: https://www.econbiz.de/10013233147
between income inequality, group-specific income redistribution, and subjective well-being among China’s urban, rural, and …. More importantly, the group-specific redistribution inherent in the Hukou system that widens the income gap between urban …
Persistent link: https://www.econbiz.de/10014080052
opportunities and outcomes. We elicit redistribution decisions from a U.S.-representative sample who observe worker outcomes and … lucky opportunities. Our findings have implications for models that seek to understand and predict redistribution attitudes …, and help to explain the gap between lab evidence on support for redistribution and U.S. inequality trends …
Persistent link: https://www.econbiz.de/10014357631
Income equality and trust seem to go along with several other ingredients of social capital as determinants of economic growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank and by The Standardized World Income Inequality...
Persistent link: https://www.econbiz.de/10012892099
This paper examines how skill-biased growth can generate economic fragmentation (income dis-parities) that give rise to social fragmentation (the adoption of increasingly incompatible social identities and values), which generate political fragmentation (the adoption of increasingly incompatible...
Persistent link: https://www.econbiz.de/10012859600
We discuss the sustainability of Chinese high growth relative to growth experience elsewhere, and specifically Soviet … sustainability of high Chinese growth. …
Persistent link: https://www.econbiz.de/10010280849
The sustainability of the welfare state ultimately depends on citizens' preferences for income redistribution. They are … elicited through a Discrete Choice Experiment performed in 2008 in Switzerland. Attributes are redistribution as GDP share, its …
Persistent link: https://www.econbiz.de/10013139422
This paper develops a decomposition framework to study the importance of different stabilization channels of an unemployment re-insurance scheme for the euro area. Running counterfactual simulations based on household micro data for the period 2000–16, the paper finds that the re-insurance...
Persistent link: https://www.econbiz.de/10012836930
We show that regional heterogeneity of underlying fundamentals (e.g. economic history, geography, social capital) can lead to extreme voting in federations. When the outcome of federal policies – such as transfer schemes, market regulation or migration laws – depends on these fundamentals,...
Persistent link: https://www.econbiz.de/10012836939
In this paper, we propose a novel index for measuring intra-generational redistribution in pay-as-you-go pension …-generational redistribution isolated from possible inter-generational redistribution. We use contribution records of approx. 100,000 German … individuals, who progressed into retirement in 2007-2015, to measure the level of intra-generational redistribution in the German …
Persistent link: https://www.econbiz.de/10012837478