Showing 1 - 10 of 15
Do market-orientated economies with relatively large cross-sectional levels of inequality have higher income mobility … and therefore less permanent inequality? To answer this question, we introduce a formal representation of income mobility …
Persistent link: https://www.econbiz.de/10011968539
Many empirical studies specify outcomes as a linear function of endogenous regressors when conducting instrumental variable (IV) estimation. We show that commonly used tests for treatment effects, selection bias, and treatment effect heterogeneity are biased if the true relationship is...
Persistent link: https://www.econbiz.de/10011968356
. Our study also points to the importance of universal child care programs in explaining differences in earnings inequality …
Persistent link: https://www.econbiz.de/10011968544
Strong intergenerational correlations in wealth have fueled a long-standing debate over why children of wealthy parents tend to be well off themselves. We investigate the role of family background in determining children's wealth accumulation and investor behavior as adults. Our research design...
Persistent link: https://www.econbiz.de/10011968583
We examine how in-kind transfers provided by local governments affect economic inequality. The allocation of in … Norwegian data from municipal accounts and administrative registers for the period 1982- 2013. We find that economic inequality … contribution from public cash transfers. When examining the time trends in inequality, we find that local governments attenuated …
Persistent link: https://www.econbiz.de/10011968658
The standard approach in empirical analyses of income distributions is to estimate income inequality in a country under … paper, we pursue two alternative approaches to measure inequality under restricted interpersonal comparability of income … indicates that both levels and trends in overall inequality as well as the inequality contributions of various income factors …
Persistent link: https://www.econbiz.de/10011968268
Despite a broad consensus on the need to account for the value of public services and geographical cost of living differences on the measurement of poverty, there is little reliable evidence on how these factors actually affect poverty estimates. Unlike the standard approach in studies of the...
Persistent link: https://www.econbiz.de/10011968321
Differences in individual wealth holdings are widely viewed as a driving force of economic inequality. However, as this … in cross-sections, which eliminates transitory wealth inequality due to age, yet preserves inequality arising from other … yield erroneous wealth inequality rankings of countries. …
Persistent link: https://www.econbiz.de/10011968353
, there is little reliable evidence on how the inclusion of such non-cash income actually affects poverty and inequality … and administrative registers we find that the inclusion of non-cash income reduces income inequality by about 15 percent … subgroups offsets about half the inequality reduction and some of the poverty decrease. …
Persistent link: https://www.econbiz.de/10011968391
curves which was proved to characterize two separate systems of nested subfamilies of inequality measures. This paper uses … the obtained characterization results to arrange the members of two different generalized Gini families of inequality … ranking of a set of Lorenz curves. From the weight-functions of these inequality measures we obtain intuitive interpretations …
Persistent link: https://www.econbiz.de/10011968393