Showing 1 - 10 of 407
We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure … voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged. …
Persistent link: https://www.econbiz.de/10011568762
debate by proposing a new family of measures of unfair inequality. To do so, we acknowledge that inequality is not bad per se … fairness principles, namely equality of opportunity and freedom from poverty, into a joint measure of unfair inequality. Two … empirical applications provide important new insights on the development of unfair inequality both over time (in the US) and …
Persistent link: https://www.econbiz.de/10011864650
We show how normative standpoints determine optimal taxation of wealth. Since wealth is not equal to capital, we find very different welfare implications of land rent-, bequest- and capital taxation. It is mainly land rents that should be taxed. We develop an overlapping generations model with...
Persistent link: https://www.econbiz.de/10012162503
We study the intergenerational transmission of welfare benefit receipt in Germany. We first describe the correlation between welfare receipt experienced in the parental household and subsequent own welfare receipt of young adults. In a second step, we investigate whether the observed...
Persistent link: https://www.econbiz.de/10014444190
Inequality is an important threat to the globalization of the world economy that we experience today. This contribution … uses a new measure of inequality: heigth inequality. It covers not only wage recipients, but also the self-employed, the … turns out that within-country inequality is higher in time periods of greater openness.We also find that inequality leads to …
Persistent link: https://www.econbiz.de/10011409375
It is not straightforward to define the ethics of responsibility in cases where the consequences of changes in factors within our control are partly determined by factors beyond our control. In this paper, we suggest that one plausible view is to keep us responsible for the parts of the...
Persistent link: https://www.econbiz.de/10011399693
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...
Persistent link: https://www.econbiz.de/10011547742
This paper adds to our understanding of the causes of income inequality across nations by examining the influence of … different aspects of gender equality or female empowerment. Whereas the economics of income inequality has been an area of … government, lower fertility rates, and better overall gender equality experienced lower income inequality, ceteris paribus. These …
Persistent link: https://www.econbiz.de/10012486672
We discuss the effect of formal political institutions (electoral systems, fiscal decentralization, presidential and parliamentary regimes) on the extent and direction of income (re-) distribution. Empirical evidence is presented for a large sample of 70 economies and a panel of 13 OECD...
Persistent link: https://www.econbiz.de/10009792220
We review the literature on the public choice approach to explaining redistribution policies. The focus is on policies that are pursued with the sole reason to redistribute initial endowments. Moreover, we restrict ourselves to redistribution in democracies. In democratic settings, generic...
Persistent link: https://www.econbiz.de/10011565576