Showing 1 - 10 of 347
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
We examine the (potentially nonlinear) relationship between inequality and growth using a method which does not require … used (nonlinear) parametric approaches - the economy first expands rapidly with a large decline in inequality, plateaus … when inequality remains relatively stable, and then decreases rapidly with a large increase in inequality. This novel …
Persistent link: https://www.econbiz.de/10010469680
for the increase in male and female earnings inequality between 2001 and 2010. We provide both classic decompositions of … reweighting the conditional hours distribution. Depending on the inequality measure considered, our results suggest that between … 10 and 30 percent of the increase in male earnings inequality and 37 to 47 percent of the increase in female earnings …
Persistent link: https://www.econbiz.de/10011880345
incomes. This paper assesses the net welfare benefit of mobility by assuming both a social aversion to inequality in permanent … and on the inequality of income across individuals. Using panel data, we find that Canada's tax system limits … income equalizing effect of taxes can reach up to 23 percent of mean income at the higher values of inequality aversion that …
Persistent link: https://www.econbiz.de/10009308021
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
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a multidimensional setting by considering the joint...
Persistent link: https://www.econbiz.de/10011288530
Outside the US, little is known of long-run trends in executive compensation. We fill this gap by studying BHP, a resources giant that has long been one of the largest companies on the Australian stock market. From 1887 to 2013, trends in CEO and director remuneration (relative to average...
Persistent link: https://www.econbiz.de/10009766261
on inequality and progressivity become substantially lower when payroll taxes are reduced, which is due to increased work …
Persistent link: https://www.econbiz.de/10010225955
inequality? Data from the United States Census Bureau suggests there has been a rise in assortative mating. Additionally …, assortative mating affects household income inequality. In particular, if matching in 2005 between husbands and wives had been ….34, so that income inequality would be smaller. Thus, assortative mating is important for income inequality. The high level …
Persistent link: https://www.econbiz.de/10010235852
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