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are equally weighted in the household utility function; (3) Differences in the ratio of the partners' hourly wages are …In this paper we consider an empirical collective household model of time allocation for two-earner households. The … novelty of this paper is that we estimate a version of the collective household model, where the internally produced goods and …
Persistent link: https://www.econbiz.de/10013316615
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
-of-the-envelope calculations suggest these higher wages would generate additional income tax revenues which would offset around 3% of the fall in …Increasing attention has been given to the fact that some multinational enterprises shift income to tax haven countries … inequality. Using rich matched employer-employee data from Norway, we find that profit-shifting firms pay higher wages …
Persistent link: https://www.econbiz.de/10013299336
perceptions of intergenerational mobility change along the income distribution. Empirically, we conduct a survey experiment in … Austria and show that the average treatment effect of information on perceptions is mostly driven by higher income individuals … 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
-shaped consumption age profiles. The main driver behind lifecycle consumption variations are lifecycle income changes, which display … similar flattening. Employing a lifecycle model we show changes in income are sufficient to match the movements in consumption …
Persistent link: https://www.econbiz.de/10012839357
Corporate tax avoidance has regularly been accused of aggravating income inequalities. Yet, systematic evidence on this … anything, see their wages fall in the meantime. Furthermore, the inequality-deepening impact of firm entry into tax havens is … evolution of income inequalities, public opinion about globalization, and ongoing debates on international tax reforms …
Persistent link: https://www.econbiz.de/10013290785
This paper investigates the relationship between immigration and inequality in the UK over the past forty years. This is a period when the share of foreign-born in the UK population increased from 5.3% in 1975 to 13.4% in 2015. We evaluate the impact immigration had on wage inequality in the UK...
Persistent link: https://www.econbiz.de/10014347988
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
Labor market opportunities and wages may be unfair for various reasons, and how workers respond to different types of … substantially reduce their labor supply compared to the case of equal low wages (-22%). This decrease is twice as large as those … induced by low wages due to fair chances or unfair chances coming from an unspecified source. In addition, exploratory …
Persistent link: https://www.econbiz.de/10012842672
The skill premium has increased significantly in the United States in the last five decades. During the same period, individual wage risk has also increased. This paper proposes a mechanism through which a rise in wage risk increases the skill premium. Intuitively, a rise in uninsured wage risk...
Persistent link: https://www.econbiz.de/10012824576