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We estimate and decompose family income-related inequality in child health in the US and analyze its dynamics using the … income-related child health inequality remains stable from early childhood into adolescence. The main factor underlying … income-related child health inequality is family income itself, although other factors, such as maternal education, also play …
Persistent link: https://www.econbiz.de/10013120563
inequality and widening gaps between rich and poor, and urban and rural. It is therefore it is important to examine the … interrelationships between inequality and economic growth. This paper develops a simple model to establish that the change in income …, inequality and growth bear a non-linear relationship: for low values of inequality, economic growth rate is an inverted U …
Persistent link: https://www.econbiz.de/10013099565
Previous estimates of inequality of opportunity (IOp) are lower bounds because of the unobservability of the full set …, is important for the acceptance of (some) inequality and the design of redistributive policies as underestimating the …
Persistent link: https://www.econbiz.de/10013106535
We examine whether individuals' experienced levels of income inequality affect their preferences for redistribution. We … use several large nationally representative datasets to show that people who have experienced higher inequality during … inequality and reduce their demand for redistribution …
Persistent link: https://www.econbiz.de/10012964374
on debt composition. Based on a simulation exercise, we find a limited effect of wealth shocks on consumption inequality …. An increase in stock prices tends however to slightly increase consumption inequality, especially at the top of the …
Persistent link: https://www.econbiz.de/10012944978
This paper shows that higher levels of perceived wage inequality are associated with a weaker (stronger) belief into … that those individuals perceiving a high level of wage inequality also tend to be more supportive of redistributive … policies and progressive taxation, and that they tend to favor the political left, suggesting a feedback effect of inequality …
Persistent link: https://www.econbiz.de/10012984497
occur. We show that a consumption tax or a capital tax, levied to finance public capital, does not increase inequality. In … our model capital tax-financed public investment has even an inequality-reducing effect -- thus allowing for Pareto …-improving public investment that decreases inequality. Additionally we find that agents differ in their preferred tax rates. These …
Persistent link: https://www.econbiz.de/10013046059
Based on the concepts of justice by Hayek, Rawls and Buchanan we argue that the growing political dissatisfaction in industrialized countries is rooted in the asymmetric pattern in monetary policies since the 1980s for two reasons. First, the structurally declining interest rates and the...
Persistent link: https://www.econbiz.de/10012930616
wealth inequality, all else equal. Stock market booms primarily boost the wealth of households at the top of the distribution …
Persistent link: https://www.econbiz.de/10012932905
We examine the determinants of income mobility and inequality in a Ramsey model with elastic labor supply and … relationship between mobility and inequality is complex. For example, a reduction in the interest rate and an increase in the wage … rate reduce capital income inequality and allow upward mobility of the ability-rich. However, the increase in the labor …
Persistent link: https://www.econbiz.de/10013060457