skill acquisition extremes in one country, and simultaneous expansion of middle-income industries in another. Individual …

calculate social welfare weights by income level using the inverse optimal-tax method. We find that all political parties …-benefit system. We argue that political-economy considerations are key in understanding the political status quo and why middle-income … groups are able to lower their tax burdens at the expense of both the low- and high-income groups …

The public finance literature has modeled income shifting as a decision along the intensive margin even though it … margin has crucial policy implications: the classical distinction between income creation and income shifting breaks down. We … supply elasticities, and costs of income shifting. In the most empirically plausible scenario when people who shift easily …

We estimate household equivalence scales using income satisfaction data from the German Socio-Economic Panel. We extend … previous studies applying this approach by taking reference income into account. This allows separating needs-based from … reference effects in the determination of income satisfaction. We show that this adjustment helps to overcome a bias causing an …

Using detailed tax data from the Swiss canton of Bern, I examine how changes in wealth are related to income risk. I … find that only among elderly individuals high kurtosis of income risk may be positively correlated with wealth accumulation …. Additionally, I document that a substantial share of taxpayers have negative net wealth. While wealth and income are positively …

Economic downturns give rise to unexpected employment shocks that can reshape the distribution of population income … aims at testing the ‘middle-class squeeze' hypothesis drawing from unique data from the Luxembourg Income Study (LIS) for … unemployment in a recession drawing upon a heterogeneous set of both income and middle-class definitions as well as an extensive …

substantial and systematic: the poorer a country, the more its income tends to be overestimated. Consequently, international … income inequality is substantially underestimated. Our methodological contribution is to exploit the analogies between PPP …

Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood … affect per capita incomes, which has repercussions for the income distribution even if wages remain constant. The aim of this … inequality was indeed more due to changes of household structure and employment behavior rather than changes in wages. Moreover …

We estimate and decompose family income-related inequality in child health in the US and analyze its dynamics using the … income-related health mobility index recently introduced by Allanson et al., 2010. Data come from the 1997, 2002, and 2007 … waves of the Child Development Supplement (CDS) of the Panel Study of Income Dynamics (PSID). The findings show that family …