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alleviate even the most extremes of poverty. In this sense, the pandemic is yet another reminder for how important investments …
Persistent link: https://www.econbiz.de/10013357198
Minimum wage increases are not a very effective mechanism for reducing poverty. They are not related to decreases in … poverty rates. They can cost some low-income workers their jobs. And most minimum wage earners who gain from a higher minimum … wage do not live in poor (or near-poor) families. A better tool for reducing poverty, and at lower cost, is the earned …
Persistent link: https://www.econbiz.de/10010366925
Persistent link: https://www.econbiz.de/10013428548
We measure the distributional impact of the COVID-19 pandemic using newly released population register data in Sweden. Monthly earnings inequality increased during the pandemic, and the key driver is income losses among low-paid individuals while middle- and high-income earners were almost...
Persistent link: https://www.econbiz.de/10012589571
Persistent link: https://www.econbiz.de/10012196895
This paper examines the evolution of the redistributive role of the State in Brazil at the beginning of the 21st century. For this purpose, we compute the marginal effects of the cash transfers, taxes, and in-kind benefits on inequality using the Lerman-Yitzhaki progressivity index. Our main...
Persistent link: https://www.econbiz.de/10014428774
We empirically investigate the distributional consequences of the Riester scheme, the main private pension subsidization program in Germany. We find that 38% of the aggregate subsidy accrues to the top two deciles of the population, but only 7.3% to the bottom two. Nonetheless the Riester scheme...
Persistent link: https://www.econbiz.de/10011281656
A popular argument for a federal minimum wage is that it will prevent in-work poverty and reduce income inequality. We …
Persistent link: https://www.econbiz.de/10010234179
In view of rising wage and income inequality, the introduction of a legal minimum wage has recently become an important policy issue in Germany. We analyze the distributional effects of a nationwide legal minimum wage of 7.50 € per hour on the basis of a microsimulation model which accounts...
Persistent link: https://www.econbiz.de/10003962944
Persistent link: https://www.econbiz.de/10001723498