Showing 1 - 10 of 445
This paper analyzes the evolution of tax progressivity in Sweden from both annual and lifetime perspectives. Using a rich micro panel with administrative records of incomes, taxes and benefits over the period 1968–2009, we calculate tax rates across the income distribution accounting for...
Persistent link: https://www.econbiz.de/10009570586
We introduce permanently-shifting income shares into a standard growth model with two types of agents. Capital owners represent the top quintile of U.S. households while workers represent the remainder. Our tractable model allows us to exactly replicate the observed U.S. time paths of the top...
Persistent link: https://www.econbiz.de/10011343080
Taxes and cash transfers reduce income inequality more in France than elsewhere in the OECD, because of the large size of the flows involved. But the system is complex overall. Its effectiveness could be enhanced in many ways, for example so as to achieve the same amount of redistribution at...
Persistent link: https://www.econbiz.de/10009734840
If there is a means tested basic income for old age, households will tend to reduce precautionary savings to an inefficiently low level. This might serve as a justification for a public pension system. In a representative agent framework, indeed, the introduction of a compulsory pension s ystem...
Persistent link: https://www.econbiz.de/10009781692
There is no consensus on how to measure social welfare and inequality when households have different needs. As we show, a dilemma emerges between holding households responsible for their needs or compensating them. This dilemma is of first-order importance for social welfare, but generally plays...
Persistent link: https://www.econbiz.de/10015052572
We study how measures of socioeconomic health inequality inform about welfare inequality. We argue that transfers of either income or health from a better off to a worse off individual should reduce welfare inequality. Lacking an objective measure of individual welfare, we suggest that such a...
Persistent link: https://www.econbiz.de/10015057694
We estimate the impact of local mining activity on the business constraints experienced by 22,150 firms across eight resource-rich countries. We find that with the presence of active mines, the business environment in the immediate vicinity (20 km) of a firm deteriorates but business constraints...
Persistent link: https://www.econbiz.de/10011565667
in Mexico between 2002 and 2009, although the change is only consistent for the upward looking definition of status …. Together with the lack of mobility in health observed, we can thus conclude that Mexico is becoming more rigid over time …
Persistent link: https://www.econbiz.de/10011774896
We provide the first estimates of intergenerational income mobility for a developing country, namely Brazil. We measure …
Persistent link: https://www.econbiz.de/10013411980
This article traces inequality and numeracy development in the regions of Chile during the 19th and early 20th century …, in its northern regions we find that Chile was relatively equal and numerate during the 19th century, and the south … converged somewhat during this period. In addition, we study the correlates of low-intensity immigration in Chile. Regions with …
Persistent link: https://www.econbiz.de/10012194599