Showing 1 - 10 of 71
Persistent link: https://www.econbiz.de/10014320179
estimation of these two top distributions by using the best data available for Germany. We leverage the bivariate copula to … model. The copula modelling grants the separability in choosing the estimation domain as well as the parametric … model fit with external validation. The copula estimate can help us to perform out-of-sample prediction on the very top of …
Persistent link: https://www.econbiz.de/10012424292
inequality through a real-world policy, rather than experimental treatments, may trigger only marginal changes in support for …
Persistent link: https://www.econbiz.de/10014551561
That historical inequality can affect long run macroeconomic performance has been argued by a large literature on … endogenous inequality using models of indivisibilities in occupational choice, in the presence of borrowing constraints. These …
Persistent link: https://www.econbiz.de/10012502955
In view of rising concerns over increasing inequality in the European Union since the financial crisis, this study … provides an inequality decomposition of the overall European income distribution by country. The EU Statistics on Income and … Living Conditions are our empirical basis. Inequality has risen moderately within the core Euro area, particularly in the …
Persistent link: https://www.econbiz.de/10010517184
This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles for prime age men born 1935 through 1974 that covers earnings...
Persistent link: https://www.econbiz.de/10011316360
correlate with household net wealth (or income). Bond price increases thus leave net wealth inequality largely unchanged. In … wealth inequality. Housing price increases display a hump shaped pattern over the net wealth distribution, with the poorest …
Persistent link: https://www.econbiz.de/10011316626
Mobility of top incomes matters for both the openness of the income elite and the share of total income that this group receives. It is thus an important complement information to the growing snapshot literature on top income concentration. I use microlevel panel data of German income tax files...
Persistent link: https://www.econbiz.de/10009752140
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
Countries with high income inequality also show a strong association between parents ́and childrenś economic well … higher inequality in childhood has a negative effect on intergenerational mobility as adults. Furthermore, the influence of …
Persistent link: https://www.econbiz.de/10011440819