Showing 1 - 10 of 290
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: Thus there is a new approach for explaining Piketty's historical findings of a medium term rise of the capital income …
Persistent link: https://www.econbiz.de/10010510592
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 investigates whether the increasing "residual wage inequality" trend is related to manufacturing decline and …, and institutional factors have played a significant role in the inequality trend. However, most of the trend is … variation across locations (states or cities) in the United States in the local level of "residual inequality." The evidence …
Persistent link: https://www.econbiz.de/10011283167
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
We study the distributional effect of a wage indexation mechanism - the Scala Mobile (SM) - that heavily compressed the distribution of Italian wages during the 1970s and 1980s. The SM imposed large real wage increases at the bottom of the distribution and was essentially irrelevant for...
Persistent link: https://www.econbiz.de/10011308424
-sectional inequality. …
Persistent link: https://www.econbiz.de/10011347277
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
claimed that "the more we target benefits at the poor, the less likely we are to reduce poverty and inequality". The basic …
Persistent link: https://www.econbiz.de/10009753045
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