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inequality indices building on results provided by Ibragimov and Müller (Journal of Business & Economic Statistics, 2010), and … they and Midões and de Crombrugghe (Journal of Economic Inequality, 2023) evaluate its performance. We highlight a feature … inference for inequality indices. …
Persistent link: https://www.econbiz.de/10015415298
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
Thirty years after the "Washington Consensus", is there a new policy consensus that addresses the problem of inequality … surprisingly, on what the actual levels of income inequality are, and there are common misperceptions about their trends. In policy …
Persistent link: https://www.econbiz.de/10014338520
While inequality of opportunity (IOp) in earnings is well studied, the literature on IOp in individual net wealth is … the Socio-Economic Panel (SOEP). Ex-ante IOp is defined as the contribution of circumstances to the inequality in net … and for a detailed decomposition of net wealth inequality into a variety of circumstances; among them childhood background …
Persistent link: https://www.econbiz.de/10014390537
We propose a twin family model linking twins with their spouses and children to quantify the relative importance of genetic and environmental factors in explaining the variance of socio-economic outcomes. Using data from the Danish Twins Registry and population registers, we test and relax the...
Persistent link: https://www.econbiz.de/10014394210
Latin American countries have some of the highest levels of income inequality in the world. However, earnings … inequality significantly changed over the last three decades, increasing during the 1980s and 1990s, declining sharply in the …, increasing inequality. Significant gains in educational attainment, the demographic transition, and rising female labor force …
Persistent link: https://www.econbiz.de/10013286576
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
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
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