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Richer or more numerous or both? : the role of population and economic growth for top income shares

Krolage, Carla; Peichl, Andreas; Waldenström, Daniel - 2018

When measuring income inequality over long periods of time, accounting for population and productivity growth is … income growth than the standard measure. We apply these measures to long-term income data from the United States and find … growth since 1980 than when keeping top groups fixed. For earlier historical periods, our analysis shows that choice of …

Persistent link: https://www.econbiz.de/10011939792

Growth and inequality : evidence from transitional economies

Ivaschenko, Oleksiy - 2002

The transitional economies of Eastern Europe (EE) and the former Soviet Union (FSU) experienced a dramatic increase in income inequality in the 1990s. In this paper I investigate the causes of unprecedented changes in income distribution using a unique panel of inequality estimates for 24...

Persistent link: https://www.econbiz.de/10011410420

Cold progression and its effects on income distribution

Heer, Burkhard; Süssmuth, Bernd - 2003

We present new empirical evidence for the US economy that inflation reduces the inequality of the earnings distribution. The main mechanism emphasized in this paper is the tax income bracket effect. Governments only adjust the nominal income tax brackets slowly to a rise in prices, typically...

Persistent link: https://www.econbiz.de/10011507921

Should income inequality be praised? : multiple public goods provision, income distribution and social welfare

Itaya, Jun-ichi; Mizushima, Atsue - 2016

We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure public goods. Itaya, de Meza, and Myles (1997) show that the maximization of social welfare precludes income equality in a single pure public good model. In contrast, we show that...

Persistent link: https://www.econbiz.de/10011568762

Endogenous timing and income inequality in the voluntary provision of public goods : theory and experiment

Itaya, Jun-ichi; Mizushima, Atsue; Kurosaka, Kengo - 2018

This paper investigates how the heterogenous incomes and preferences of potential donors affect the timing of contribution decisions when it is endogenously determined by contributors themselves. More specifically, we use a simple setting with two donors, Cobb-Douglas preferences, and complete...

Persistent link: https://www.econbiz.de/10011955669

Distributional effects of macroeconomic shocks in real-time : a novel method applied to the Covid-19 crisis in Germany

Bruckmeier, Kerstin; Peichl, Andreas; Popp, Martin; … - 2020

The highly dynamic nature of the COVID-19 crisis poses an unprecedented challenge to policy makers around the world to take appropriate income-stabilizing countermeasures. To properly design such policy measures, it is important to quantify their effects in real-time. However, data on the...

Persistent link: https://www.econbiz.de/10012383744

Improving public good supply and income equality : facing a trade-off

Buchholz, Wolfgang; Rübbelke, Dirk T. G. - 2020

It is explored in this paper how – depending on the agents' preferences – an unequal income distribution may lead to a higher public good supply in a non-cooperative Nash equilibrium than in a cooperative Lindahl equilibrium that arises from a balanced income distribution. The degree of...

Persistent link: https://www.econbiz.de/10012390943

Age-specific entrepreneurship and PAYG public pensions in Germany

Heer, Burkhard; Trede, Mark - 2020

We present new empirical evidence on the distribution of earnings, income and wealth among entrepreneurs in Germany. We document that both earnings and income are more concentrated among entrepreneurs than among workers and describe a large-scale overlapping-generations model that can replicate...

Persistent link: https://www.econbiz.de/10012249285

Structural reforms and income distribution : new evidence for OECD countries

Wiese, Rasmus; Jalles, João Tovar; Haan, Jakob de - 2023

This paper examines the impact of labour market and product market reforms on income inequality for 25 OECD countries, using the local projections approach and updates of the reform indicators put together by Duval et al. (2018) until 2020. Our results suggest that both types of (endogenized)...

Persistent link: https://www.econbiz.de/10013489588

Inequality and market concentration : new evidence from Australia

Hotchin, Lachlan; Leigh, Andrew - 2024

Are excessively concentrated markets inequitable as well as inefficient? We explore this issue by analyzing the degree of market concentration in the industries where Australia's wealthiest made their fortunes. Compared with the economy at large, we find that top wealth holders have tended to...

Persistent link: https://www.econbiz.de/10014470410