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change in the Gini (based on consumption expenditure) by up to 0.03 points. Cross-country heterogeneity in this change is … large enough to alter the inequality ranking of numerous countries. The average inflation effect we detect is almost as … large as the change in the standard Gini measure over the period of interest. …
Persistent link: https://www.econbiz.de/10011862889
relatively poor for both rural and urban areas across the states of India. The hypotheses that inequality impacts consumption … developing economy, India, with the help of a large dataset. The paper empirically validates status consciousness among the …
Persistent link: https://www.econbiz.de/10011898668
We estimate growth rates of real incomes in the U.S. by quintiles using the Congressional Budget Office’s (CBO) post-tax, post-transfer data as basis for the period 1979-2011. We improve upon them by including only the present value of earnings that will accrue in retirement and excluding...
Persistent link: https://www.econbiz.de/10011458031
collaborative contact, through random assignment to homogeneous-caste or mixed-caste teams, and adversarial contact, through random … assignment of opponents. Collaborative contact increases cross-caste friendships and efficiency in trade, and reduces own-caste … favoritism. In contrast, adversarial contact generally reduces cross-caste interaction and efficiency. League participation …
Persistent link: https://www.econbiz.de/10012162642
We show that a recent appendix to the Gini-coefficient to make the latter more sensitive to asymmetric income …
Persistent link: https://www.econbiz.de/10011497895
utilitarian social welfare function yields a simple welfare measure which comprises both GDP and income inequality as measured by … the Gini index. …
Persistent link: https://www.econbiz.de/10011845317
analysis of these indexes is then extended to consider the role of caste, class, regionalism and level of development to reveal …
Persistent link: https://www.econbiz.de/10011898986
In early April 2020 we conducted a survey on a representative sample of more than 8,000 US households to study the effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and the impact of the shock on individuals’ economic...
Persistent link: https://www.econbiz.de/10012206687
Rising income inequality since the 1980s in the United States has generated a substantial increase in saving by the top …
Persistent link: https://www.econbiz.de/10012197559
This paper uses data taken from the tax returns of all Icelandic taxpayers in 2005-2019, a period that saw large changes in disposable income around the country's financial crisis in 2008, to plot the life-cycle path of consumption and income for different education groups and to estimate the...
Persistent link: https://www.econbiz.de/10013287969