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Inequality and income dynamics in Germany

Drechsel-Grau, Moritz; Peichl, Andreas; Schmieder, Johannes - 2022

We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades. Combining personal income tax and social security data allows us - for the first time - to offer a complete picture of the distribution of annual earnings in Germany. We find that...

Persistent link: https://www.econbiz.de/10012886897

Does size matter? : the impact of changes in household structure on income distribution in Germany

Peichl, Andreas; Pestel, Nico; Schneider, Hilmar - 2010

Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood as an increase in inequality of wages due to changes in bargaining power of employees. However, the role of changing household structure is widely neglected. Societal trends...

Persistent link: https://www.econbiz.de/10008698414

The anatomy of the global saving glut

Bauluz, Luis; Novokmet, Filip; Schularick, Moritz - 2022

This paper provides a household-level perspective on the rise of global saving and wealth since the 1980s. We calculate asset-specific saving flows and capital gains across the wealth distribution for the G3 economies – the U.S., Europe, and China. In the past four decades, global saving...

Persistent link: https://www.econbiz.de/10013187481

Income and wealth inequality in America, 1949-2013

Kuhn, Moritz; Schularick, Moritz; Steins, Ulrike I. - 2017

This paper studies the distribution of U.S. household income and wealth over the past seven decades. We introduce a newly compiled household-level dataset based on archival data from historical waves of the Survey of Consumer Finances (SCF). Complementing recent work on top income and wealth...

Persistent link: https://www.econbiz.de/10011717045

All about the giants : probing the influences on growth and income inequality at the end of the 20th century

Berry, R. Albert; Serieux, John - 2003

persons for the years 1980, 1990 and 2000, and world poverty rates for the same years. It also presents the results of a … growth and changes in global income inequality and poverty. The authors find that rapid growth in China (despite a downward … inequality. The impact of these twocountries is similarly critical with respect to global poverty reduction. …

Persistent link: https://www.econbiz.de/10011514125

Inequality, well-being and institutions in Latin America and the Caribbean

Oberoi, Jaideep; Ahsan, Syed - 2003

This paper focuses on the role of institutions in the fight against poverty and inequality. Our view of institutions …-income poverty à la capability approach of Amartya Sen) allows a rich discussion of policy interventions. While both orientations as … to the concepts of poverty, inequality and institutions are expounded on a priori reasoning, empirical analysis with LAC …

Persistent link: https://www.econbiz.de/10011514135

Measuring unfair inequality : reconciling equality of opportunity and freedom from poverty

Hufe, Paul; Kanbur, Ravi; Peichl, Andreas - 2018

fairness principles, namely equality of opportunity and freedom from poverty, into a joint measure of unfair inequality. Two … inequality. Second, average unfair inequality doubles when complementing the ideal of an equal opportunity society with poverty …

Persistent link: https://www.econbiz.de/10011864650

Income inequality, mobility and the accumulation of capital

García-Peñalosa, Cecilia; Turnovsky, Stephen J. - 2013

We examine the determinants of income mobility and inequality in a Ramsey model with elastic labor supply and heterogeneous wealth and ability (labor endowment). Both agents with lower wealth and with greater ability tend to supply more labor, implying that labor supply decisions may have an...

Persistent link: https://www.econbiz.de/10010227190

Uncovering Gatsby curves

Bouchard St-Amant, Pier-André; Garon, Jean-Denis; … - 2020

Empirical findings suggest a positive correlation between inequality and social immobility, a phenomenon coined the Gatsby curve. However, complete explanations of the phenomenon have not yet been proposed. This paper answers two questions: What are Gatsby curves? When do they exist? We build a...

Persistent link: https://www.econbiz.de/10012154893

Dynamics of capital accumulation in the US : simulations after Piketty

De Donder, Philippe; Roemer, John E. - 2015

We calibrate a sequence of four nested models to study the dynamics of wealth accumulation. Individuals maximize a utility function whose arguments are consumption and investment. They desire to accumulate wealth for its own sake - this is not a life-cycle model. A competitive firm produces a...

Persistent link: https://www.econbiz.de/10010515458

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