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Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood as an increase in inequality of wages due to changes in bargaining power of employees. However, the role of changing household structure is widely neglected. Societal trends...
Persistent link: https://www.econbiz.de/10013136651
overestimation of adults' and an underestimation of children's needs-based equivalence weights. Our results indicate that controlling … for income comparisons eliminates the gap between equivalence scale parameters for adults and children found in other …
Persistent link: https://www.econbiz.de/10012979128
Most equivalence scales which are applied in research on poverty and inequality do not depend on income, although there is strong empirical evidence that equivalence scales in fact are income dependent. This paper explores the consistency of results derived from income independent and income...
Persistent link: https://www.econbiz.de/10013011717
This paper introduces a new long-run dataset based on archival data from historical waves of the Survey of Consumer Finances. The household-level data allow us to study the joint distributions of household income and wealth since 1949. We expose the central importance of portfolio composition...
Persistent link: https://www.econbiz.de/10012932905
children with lower initial family incomes vs. children with higher initial family incomes. However, offsetting this effect …, our findings also suggest that as children grow up, changes in family income ranking over time are related to children …
Persistent link: https://www.econbiz.de/10013120563
taxation. University graduates become high skilled, while the other children attend vocational school and become low skilled … less than 50% attending university (and parents of low and high ability children favoring a smaller university system). The …
Persistent link: https://www.econbiz.de/10013021411
children and spousal specialization in home production of public goods and child care. We then study how child care provision …
Persistent link: https://www.econbiz.de/10013108093
care provided to their parents and education expenditures for their children. The young enjoy their education, while the … old may leave a bequest to their children. Within each period the three generations play a "game" inspired by Becker … period and that parents invest in the education of their children. We show that Becker’s rotten kids theorem holds for the …
Persistent link: https://www.econbiz.de/10013315590
scenario concerning the “harmony” of family relations. Children are purely selfish, and neither side can make credible …
Persistent link: https://www.econbiz.de/10013315728
that a public policy that disregards the effects of parental time on children's human capital entails a welfare loss that …
Persistent link: https://www.econbiz.de/10013316071