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decomposition techniques of inequality measurement in a bivariate distribution context. Usually decomposed measures of inequality …
Persistent link: https://www.econbiz.de/10005609435
ethically flexible tools that integrate these two strands. This is achieved using a measure of inequality that merges the well … transfers into a vertical equity effect and a loss of redistribution due to either classical HI or reranking. An inequality …-change approach and a money-metric cost-of-inequality approach are developed. The latter approach makes aggregate classical HI …
Persistent link: https://www.econbiz.de/10005795984
flexible tools that integrate these two strands. This is achieved using a measure of inequality that merges the well-known Gini … inequality-change approach and a money-metric cost-of-inequality approach are developed. The latter approach makes aggregate …
Persistent link: https://www.econbiz.de/10005796028
poverty, welfare and inequality. This includes estimators of most of the poverty indices currently in use, as well as …, inequality or social welfare is greater in one distribution than in another for general classes of indices. We also derive the …
Persistent link: https://www.econbiz.de/10005696442
This paper makes a new attack on the old problem of measuring horizontal inequity (HI). A local measure of HI is proposed, and aggregated into a global index. Whilst other approaches have captured the welfare gain which would come from eliminating HI revenue-neutrally, our global index provides...
Persistent link: https://www.econbiz.de/10005696406
inequality and high redistributive effect for some specific figures of transfers. The contribution from Vertical Equity (VE) is …
Persistent link: https://www.econbiz.de/10010739576
transfers to other sources of household wealth has had a sizeable effect on reducing the inequality of wealth. …
Persistent link: https://www.econbiz.de/10011605346
In this paper we examine the link between wage inequality and consumption inequality using a life cycle model that …
Persistent link: https://www.econbiz.de/10011605701
We revisit the transmission mechanism of monetary policy for household consumption in a Heterogeneous Agent New Keynesian (HANK) model. The model yields empirically realistic distributions of household wealth and marginal propensities to consume because of two key features: multiple assets with...
Persistent link: https://www.econbiz.de/10011605944
affects income and wealth inequality. We then illustrate quantitatively how various channels of transmission - net interest …
Persistent link: https://www.econbiz.de/10011916874