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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
and full-time work, respectively. We estimate labor supply reactions and welfare effects using a microsimulation model …
Persistent link: https://www.econbiz.de/10011298903
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
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
-cycle model, we determine that taxes and transfers offset 45% of lifetime earnings inequality attributed to differences in …
Persistent link: https://www.econbiz.de/10014427523
life-cycle model, we find that redistribution by taxes and transfers off sets 54% of the inequality in lifetime earnings …
Persistent link: https://www.econbiz.de/10012108653
We decompose permanent earnings risk into contributions from hours and wage shocks. To distinguish between hours shocks, modeled as innovations to the marginal disutility of work, and labor supply reactions to wage shocks we formulate a life-cycle model of consumption and labor supply. Both...
Persistent link: https://www.econbiz.de/10012145317
Wage growth occurs almost exclusively in full-time work, whereas it is close to zero in part-time work. German women, when asked to predict their own potential wage outcomes, show severely biased expectations with strong over-optimism about the returns to part-time experience. We estimate a...
Persistent link: https://www.econbiz.de/10014495723
. We find evidence that the overall inequality of earnings in Germany has been rising throughout the period due to both … higher permanent inequality and higher volatility. However, taking the welfare state and its institutions into account, we … find that net household income has remained fairly stable. -- Earnings Inequality ; Permanent Income Inequality …
Persistent link: https://www.econbiz.de/10008664565
We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades … distribution of annual earnings in Germany. We find that cross-sectional inequality rose until 2009 for men and women. After the … Great Recession inequality continued to rise at a slower rate for men and fell slightly for women due to compression at the …
Persistent link: https://www.econbiz.de/10013193660