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by applying post-reform tax rules on pre-reform data, do not predict any substantial increase in income inequality due to … the tax reform of 1992. However, we find a significant post-reform increase in observed income inequality, while average … income is about unaltered in the period. The increased inequality might be explained by the high income earners' response to …
Persistent link: https://www.econbiz.de/10011967979
substantial decrease in inequality among households with preschoolers, since the child care subsidies very much favour well …
Persistent link: https://www.econbiz.de/10011967907
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
When is one distribution (of income, consumption, or some other economic variable) more equal or better than another? This question has proven difficult to answer in situations where distribution functions intersect and no unambiguous ranking can be attained without introducing weaker criteria...
Persistent link: https://www.econbiz.de/10011968533
In seeking to understand inequality today, a great deal can be learned from history. However, there are few countries … for which the long-run development of income inequality has been charted. Many countries have records of incomes, taxes … and social support. This paper presents a new methodology constructing income inequality indices from such tabular data …
Persistent link: https://www.econbiz.de/10011968617
implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the … distribution has become more relatively equal due to falling inter-country relative inequality, and that by some measures global … "inequality convergence" with previously more equal countries becoming less equal over time and the obverse. We provide support …
Persistent link: https://www.econbiz.de/10010516222
Tax systems with separate taxation of wage and capital income, also called dual income tax systems, have gained relevance through the Mirrlees Review. Obviously, such tax systems are exposed to horizontal equity (HE) failures, or horizontal inequity (HI). HE and HI have a firm grip on assessment...
Persistent link: https://www.econbiz.de/10011968417
The overall inequality effects of a dual income tax (DIT) system, combining progressive taxation of labor income with … complicate the analysis. We trace out what can be said definitively, obtaining sufficient conditions for unambiguous inequality …
Persistent link: https://www.econbiz.de/10011968433
It is shown that if social welfare is the sum of logaritmic utility function, the optimal income distribution and the welfare effect of any income redistribution is independet of the equivalence scales. In optimum all households have the same per capita income. Based on this observation it is...
Persistent link: https://www.econbiz.de/10011967890
This paper focuses on the measurement of progressivity and the distributional effect of the Norwegian tax reform of 1992. Progressivity is measured by the degree of disproportionality, which implies that the burden of taxes is estimated when income units are ranked according to pre-tax incomes....
Persistent link: https://www.econbiz.de/10011967918