Showing 1 - 10 of 413
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
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
This paper examines the distributional implications of inflation on top income shares in 12 advanced economies using data over the period 1920-2016. We use Local Projections to analyze how top income shares respond to an inflation shock, and panel regressions in which all variables are defined...
Persistent link: https://www.econbiz.de/10012197609
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
This paper studies the effects of labour market reforms on the functional distribution of income in a DSGE model (Roeger et al., 2008) with skill differentiation, in which households supply three types of labour: low-, medium- and high-skilled. The households receive income from labour, tangible...
Persistent link: https://www.econbiz.de/10012118569
When measuring income inequality over long periods of time, accounting for population and productivity growth is … that the U-shaped inequality trend over the past century holds up, but with important qualifications. Using measures that …-term income inequality trends. …
Persistent link: https://www.econbiz.de/10011939792
We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades … distribution of annual earnings in Germany. We find that cross-sectional inequality rose until 2009 for men and women. After the … Great Recession inequality continued to rise at a slower rate for men and fell slightly for women due to compression at the …
Persistent link: https://www.econbiz.de/10012886897
Like in many other countries, wealth inequality has increased in Switzerland over the last fifty years. By providing …
Persistent link: https://www.econbiz.de/10014232881
This paper introduces life expectancy inequality into a tractable Mirrleesian life-cycle model and characterizes the …
Persistent link: https://www.econbiz.de/10014382962
inequality - beliefs about how economic inequality changes the crime rate or the quality of democratic institutions, for example …,731 U.S. citizens, we show that a majority of respondents believe that inequality leads to a wide range of negative societal … video information treatments. With this and other methods we show that inequality externality beliefs impact redistributive …
Persistent link: https://www.econbiz.de/10014383934