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poverty. We provide two empirical applications of our measure. First, we analyze the development of inequality in the US from …Empirical evidence on distributional preferences shows that people do not judge inequality as problematic per se but … inequality do not adequately reflect these normative preferences. In this paper we address this shortcoming by developing a new …
Persistent link: https://www.econbiz.de/10012236841
Using a sample of Europeans aged 50+ from twelve countries in the Survey of Health, Ageing and Retirement in Europe … find that poverty defined with respect to relative incomes has no effect on changes in health. However, broader measures of … poor material conditions such as subjective poverty or low relative value of wealth significantly increase the probability …
Persistent link: https://www.econbiz.de/10009782757
A popular argument for a federal minimum wage is that it will prevent in-work poverty and reduce income inequality. We … rates. Our analysis is based on a microsimulation model that accounts for the interactions between wages, the tax …
Persistent link: https://www.econbiz.de/10010234179
I propose a method to decompose changes in income inequality into the contributions of policy changes, wage rate … apply this method to decompose the increase in income inequality in Germany from 2002 to 2011, a period that saw tax … inequality reducing effect as measured by the Mean Log Deviation and the Gini coefficient. For the Gini, these effects are offset …
Persistent link: https://www.econbiz.de/10011568532
In this paper, we analyse different measures of asset and income poverty using micro-data for 15 euro area countries … definitions of income and wealth poverty affect the number and socio-demographic characteristics of poor households, as well as … their portfolio composition and consumption expenditure. We find that adding wealth to the poverty definition mainly …
Persistent link: https://www.econbiz.de/10011373659
; income distribution ; inequality ; microsimulation …In view of rising wage and income inequality, the introduction of a legal minimum wage has recently become an important … basis of a microsimulation model which accounts for the complex interactions between individual wages, the tax …
Persistent link: https://www.econbiz.de/10003962944
inequality. This method is a combination of microsimulation based decomposition (Bar gain and Callan, 2010) and a multivariate … importance of different individual character istics in income inequality. With the variance of log of incomes, the decomposition … effects. This method is applied to analyse the evolution of income inequality in Finland from 1993 to 2014. …
Persistent link: https://www.econbiz.de/10014433374
under various inflation scenarios. We develop a tax micro-simulation model for the newly available Panel on Household …
Persistent link: https://www.econbiz.de/10011381623
; wealth distribution ; microsimulation …
Persistent link: https://www.econbiz.de/10009236841
Peru has made great progress in reducing poverty and inequality in the past decade alongside high economic growth …. Albeit this progress, the incidence of poverty and inequality remain high. This paper examines the distributional and poverty … reduces overall inequality by almost 7 Gini points. This reduction is mainly driven by in-kind benefits while the impact of …
Persistent link: https://www.econbiz.de/10011840799