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We study the distributional consequences of housing price, bond price and equity price increases for Euro Area households using data from the Household Finance and Consumption Survey (HFCS). The capital gains from bond price and equity price increases turn out to be concentrated among relatively...
Persistent link: https://www.econbiz.de/10011316626
negatively to redistribution decisions that do not fit any fairness ideals. Our results suggest that even in the realm of moral …
Persistent link: https://www.econbiz.de/10014495065
for redistribution. We leverage a quasi-experiment in Finland, where every year on the so-called tax day, the authorities … earnings of the top 10% are unfair, but that public support for redistribution remains largely unaffected. A notable exception … are top earners, who decrease their support for redistribution, and young people, who increase their support for …
Persistent link: https://www.econbiz.de/10014229860
Constructing measures of post-tax income inequality that are consistent with national accounts requires the allocation of the entirety of government expenditure to individuals. About half of government expenditure in the United States takes the form of in-kind collective expenditure (e.g.,...
Persistent link: https://www.econbiz.de/10012816827
This article describes ZEW-EviSTA®, the microsimulation model developed and used at ZEW - Centre for European Economic Research in Mannheim. The model simulates the German tax and transfer system using household micro level data. By estimating fiscal effects, labor market outcomes as well as...
Persistent link: https://www.econbiz.de/10013281463
, we demonstrate that effort dampens the response of inflation to exogenous shocks. …
Persistent link: https://www.econbiz.de/10012134398
for redistribution. We leverage a quasi-experiment in Finland, where every year on the so-called tax day, the authorities … earnings of the top 10% are unfair, but that public support for redistribution remains largely unaffected. A notable exception … are top earners, who decrease their support for redistribution, and young people, who increase their support for …
Persistent link: https://www.econbiz.de/10014551561
Welfare states redistribute both between individuals (inter-individual redistribution) reducing annual, cross …-sectional inequality and over the lifecycle of an individual (intra-individual redistribution) insuring individuals against income risks in … the long-term. But studies measuring redistribution often focus on a one-year period and the second aspect is neglected …
Persistent link: https://www.econbiz.de/10009405105
We analyze the effects of governmental redistribution of income on migration patterns,using an Italian administrative … redistribution, both the welfare-magnet effect from more redistributive countries and the propensity of the high-skilled to settle in … redistribution receive a negative selection of Italian migrants. This holds true after accounting for many individual and country …
Persistent link: https://www.econbiz.de/10012010530
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