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Research and policy discussion about the diverging fortunes of children from advantaged and disadvantaged households have focused on the skill disparities between these children – how they might arise and how they might be remediated. Analysis of data from the National Longitudinal Study of...
Persistent link: https://www.econbiz.de/10010125884
Estimates of UK income inequality trends differ substantially according to whether estimates are based on household … top incomes in the latter, and provide improved estimates of UK inequality trends since the mid-1990s. We show there was a … marked increase in income inequality in the early 2000s that survey-based estimates do not reveal, and our conclusions are …
Persistent link: https://www.econbiz.de/10011452217
UK official statistics on income distribution have incorporated top-income adjustments to household survey data since 1992. This article reviews the work undertaken by the Department for Work and Pensions and the Office for National Statistics, and the academic research that influenced them, and...
Persistent link: https://www.econbiz.de/10012800569
I focus on one of the most-commonly-cited 'facts'; about UK income inequality - that it has changed little over the … last 30 years - and reflect on how robust that description is. I look at a number of fundamental issues in inequality … measurement related to inequality concepts (e.g., inequality aversion, relative versus absolute inequality, and inequality of …
Persistent link: https://www.econbiz.de/10012804418
This paper questions unconventional fiscal policy effects when the monetary policy rate is at the zero lower bound. We provide evidence for the US that the spread between the policy rate and the US-LIBOR, which is more relevant for private sector transactions, increases with government...
Persistent link: https://www.econbiz.de/10010510610
This paper analyses the contribution of capital income to income inequality in a cross-national comparison. Using micro … contribution to overall inequality in relation to its share in disposable income. This applies to Germany and the USA in particular …. Thus capital income accounts for a large part of disparity in all three countries. -- Inequality ; capital income ; factor …
Persistent link: https://www.econbiz.de/10003716531
inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate … contributions of the labour share to the trajectories of inequality and employment during specific time intervals in the post-1990 ….7%-0.9% higher inequality in all three countries. However, in the 2000s, whereas the inequality-employment sensitivity ratio slightly …
Persistent link: https://www.econbiz.de/10009309510
estimation and inference. Using these methods and data from the British Household Panel Survey, we study individual income growth …
Persistent link: https://www.econbiz.de/10009230694
distribution. The conventional method of analysis is regression of summary inequality indices on variables such as the unemployment …
Persistent link: https://www.econbiz.de/10011403817
on wage inequality. I develop a simple model in which an increase in product market competition increases returns to …
Persistent link: https://www.econbiz.de/10002707372