Showing 1 - 10 of 145
We examine the causes for rising income inequality in Europe’s most populous economy. From 2000 to 2006, Germany … experienced an unprecedented rise in net equivalized income inequality and poverty. At the same time, unemployment rose to record …. Other factors that possibly contributed to the rise in income inequality were changes in the tax system, changes in the …
Persistent link: https://www.econbiz.de/10008688886
We propose a complete framework for model-free difference-in-differences analysis with covariates, where model-free means data-driven, in particular nonparametric estimation and testing, variable and scale choice. We start with searching for the preferred data setup by simultaneously choosing...
Persistent link: https://www.econbiz.de/10013471352
Since Aristotle, a vast literature has suggested that economic inequality has important political consequences. Higher … inequality is thought to increase demand for government income redistribution in democracies and to discourage democratization … how high inequality is, how it has been changing, and where they fit in the income distribution. Using a variety of large …
Persistent link: https://www.econbiz.de/10011281602
In a number of high-income countries over the past few decades there has been a large growth in income inequality and … an appropriate response to rising inequality is a shift towards a more progressive multi-bracket income tax system, with …
Persistent link: https://www.econbiz.de/10010374096
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be … Surveys, to revisit the question of whether inequality is associated with economic growth and, in particular, to examine … whether inequality of opportunity - driven by circumstances at birth - has a negative effect on subsequent growth. Results are …
Persistent link: https://www.econbiz.de/10010364975
Understanding the exact connection between inequality and justice is important because justice is classically regarded … as the first line of defense against self-interest and inequality. Absent a strong and clear link between inequality and … justice, the sense of justice would not awaken to exert its moral suasion, no matter how great the inequality or how fast its …
Persistent link: https://www.econbiz.de/10011521090
This article assesses two secondary data compilations about income inequality - the World Income Inequality Database … (WIIDv2c), and the Standardized World Income Inequality Database (SWIIDv4.0) which is based on WIID but with all observations …
Persistent link: https://www.econbiz.de/10010409796
inequality. Using internationally comparable survey data, the empirical part of the paper documents that there is huge variation … in inequality perceptions both across and within countries as well as survey-years. Focusing on the association between … aggregate-level inequality measures and individuals' subjective perception of wage inequality, it turns out that there is both a …
Persistent link: https://www.econbiz.de/10011408156
biased estimates of inequality of opportunity. These shortcomings may be particularly pronounced for emerging economies in … extent of upward and downward bias in inequality of opportunity estimates for a set of twelve emerging economies. Our … findings suggest strongly downward biased estimates of inequality of opportunity in these countries. To the contrary, there is …
Persistent link: https://www.econbiz.de/10012609168
We provide a critique of the standard methodology which bases welfare comparisons between households on deflating household income and consumption by an equivalence scale. We argue that this leads to support for tax/transfer policies that significantly disadvantage low to middle income...
Persistent link: https://www.econbiz.de/10012232795