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income and time prices affect time and goods inputs into this household-produced commodity. Focusing on these two years …, between which income and earnings inequality increased, allows examining how household production is affected by changing … income and time prices affect time and goods inputs into this household-produced commodity. Focusing on these two years …
Persistent link: https://www.econbiz.de/10003278946
We use micro data from the U.S. Internal Revenue Service to document how households' tax liabilities vary with income, marital status and the number of dependents. We report facts on the distributions of average and marginal taxes, properties of the joint distributions of taxes paid and income,...
Persistent link: https://www.econbiz.de/10009233112
This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … framework based on a collective model of labor supply, where household decisions are Pareto efficient, and spouses negotiate a … wives tend to be more altruistic in comparison to their husbands regarding the intra-household allocation of income, which …
Persistent link: https://www.econbiz.de/10011892483
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX repeated cross-section data on consumption and income to...
Persistent link: https://www.econbiz.de/10003656884
from a household survey in Tunisia including a sample of young adults (18 to 30 years old), we assess youth empowerment in …
Persistent link: https://www.econbiz.de/10012648282
position of the household in the income distribution and that behavioural response can potentially improve the welfare position … of households in response to price changes in most years. -- price ; inflation ; equivalent income ; welfare ; linear …
Persistent link: https://www.econbiz.de/10009306839
inflation and measures welfare changes using the compensating variation and equivalent incomes in a cross-national comparative … perspective. The impact of inflation depends on good-specific price increases and budget shares. Budget shares for necessities (e … necessities has resulted in higher inflation in poorer countries. Counter to the media narrative, the distributional impact is …
Persistent link: https://www.econbiz.de/10013460152
changes. This paper explores the impact of inflation and uses compensating variations and equivalized incomes to measure … shifts in welfare in a cross-country comparative context. The effects of inflation are closely related to specific price … increases for various goods and the distribution of household budgets. In particular, lower-income countries and individuals …
Persistent link: https://www.econbiz.de/10014431781
concludes with an empirical application to consumer price inflation in Germany, France and Italy, and re-examines the extent to … which "observed" inflation persistence at the aggregate level is due to aggregation and/or common unobserved factors. Our … persistence of the aggregate inflation. -- aggregation ; large dynamic panels ; long memory ; weak and strong cross section …
Persistent link: https://www.econbiz.de/10009130496
Program evaluations often focus on average treatment effects. However, average treatment effects miss important aspects of policy evaluation, such as the impact on inequality and whether treatment harms some individuals. A growing literature develops methods to evaluate such issues by examining...
Persistent link: https://www.econbiz.de/10011916692