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Does financial deregulation boost top incomes? : evidence from the Big Bang

Tanndal, Julia; Waldenström, Daniel - 2016

constructing synthetic control groups, we show that the "Big Bang"-deregulations in the United Kingdom in 1986 and Japan 1997 …-1999 increased the share of pre-tax incomes going to top earners by over 20 percent in the U.K. and over 10 percent in Japan. The … in Japan. The findings are robust to placebo tests, alternative ways to construct synthetic controls and scrutiny of post …

Persistent link: https://www.econbiz.de/10011450671

Optimal taxation, inequality and top incomes

Andrienko, Jurij; Apps, Patricia; Rees, Ray - 2014

In a number of high-income countries over the past few decades there has been a large growth in income inequality and at the same time a shift in the burden of taxation from the top to the middle of the income distribution. This paper applies the theory of optimal piecewise linear taxation to...

Persistent link: https://www.econbiz.de/10010374096

Misperceiving inequality

Gimpelʹson, Vladimir E.; Treisman, Daniel - 2015

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 and promote class conflict and revolution in...

Persistent link: https://www.econbiz.de/10011281602

Equality of opportunity and redistribution in Europe

Dunnzlaff, Lina; Neumann, Dirk; Niehues, Judith; … - 2010

The concept of equality of opportunity (EOp) goes back to Roemer (1993, 1998) who argues that a society shall guarantee its members equal access to advantage regardless of their circumstances, while holding them responsible for turning that access into actual advantage by the application of...

Persistent link: https://www.econbiz.de/10009313331

Lifetime earnings inequality in Germany

Bönke, Timm; Corneo, Giacomo; Lüthen, Holger - 2011

This paper documents the magnitude, pattern, and evolution of lifetime earnings inequality in Germany. Based on a large sample of earning biographies from social security records, we show that the intra-generational distribution of lifetime earnings of male workers has a Gini coefficient around...

Persistent link: https://www.econbiz.de/10009427283

Inequality measurement and tax/transfer policy

Apps, Patricia; Rees, Ray - 2020

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

Redistributive effect and the progressivity of taxes and benefits: evidence for the UK, 1977-2018

Hérault, Nicolas; Jenkins, Stephen - 2021

We apply the Kakwani approach to decomposing redistributive effect into average rate, progressivity, and reranking components using yearly UK data covering 1977-2018. We examine cash and in-kind benefits, and direct and indirect taxes. In addition, we highlight an empirical implementation issue...

Persistent link: https://www.econbiz.de/10012697297

Evolution of inequality in Nigeria : a tale of falling inequality, rising poverty and regional heterogeneity

Odozi, John Chiwuzulum; Uwaifo Oyelere, Ruth - 2022

Recent research on Nigeria indicates declining income inequality. In contrast, anecdotal evidence suggests that only the upper class has benefited from economic growth in Nigeria over time. The disconnect between these findings and anecdotal evidence, and the limitation in how inequality was...

Persistent link: https://www.econbiz.de/10013472036

Inequality and volatility moderation in Russia : evidence from micro-level panel data on consumption and income

Gorodnichenko, Yuriy; Sabirianova Peter, Klara; … - 2009

We construct key household and individual economic variables using a panel micro data set from the Russia Longitudinal Monitoring Survey (RLMS) for 1994-2005. We analyze cross-sectional income and consumption inequality and find that inequality decreased during the 2000-2005 economic recovery....

Persistent link: https://www.econbiz.de/10003863185

Evaluating dominance ranking of PSID incomes by various household attributes

Maasoumi, Esfandiar (contributor); … - 2005

We examine the dynamic evolution of incomes, both disposable and gross, for several groups in the PSID panel data at several points from 1968 to 1997. We employ the extended Kolmogorov-Smirnov tests of First and Second Order Stochastic Dominance (SD) as implemented by Maasoumi and Heshmati...

Persistent link: https://www.econbiz.de/10003085745

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