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examines in detail their distributional impact and finds that they led to increases in inequality and (relative) poverty. The … result is stronger in the case of inequality indices that are relatively more sensitive to changes close to the bottom of the …
Persistent link: https://www.econbiz.de/10012253866
participants (around 30%) support limits irrespective of inequality (strong limitarians). Preferences for wealth caps are more …This paper investigates preferences for limiting top incomes and wealth through a surveybased experiment with a large … large share of these participants are driven by inequality aversion (weak limitarians), while a significant proportion of …
Persistent link: https://www.econbiz.de/10014637223
This paper presents a comprehensive analysis of the role of capital taxation in advanced economies with a focus on the Swedish experience. We synthesize the existing theoretical literature, present facts about the capital stock and its distribution, review current capital tax practices and...
Persistent link: https://www.econbiz.de/10011845732
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 distribution of income and wealth. The results indicate that, with the exception of …
Persistent link: https://www.econbiz.de/10011288530
determined not only by wealth inequality but also by sectoral reallocation from agriculture to manufacturing. The model shows … that the dynamics of capital accumulation induce a reduction of wealth inequality, which is further accelerated by the … gradual reduction due to declining wealth inequality. A number of extensions to the basic model allow to match our theory with …
Persistent link: https://www.econbiz.de/10003529728
considered as rich in a multidimensional setting. We use this framework to analyze the role of wealth, health and education, in … driven by health and to a lesser extent by wealth. -- Affluence ; multidimensional measurement ; mobility ; elites …
Persistent link: https://www.econbiz.de/10003944260
A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in … and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some … billionaires acquired wealth through political connections, the effect of politically connected wealth inequality is negative …
Persistent link: https://www.econbiz.de/10010211159
This paper investigates the relationship between the capital share in national income and personal income inequality … Wealth and Income Database, we find strong long-run links between the aggregate role of capital in the economy and the size … income shares with a broader measure of inequality (Gini coefficient), the positive relationship re-mains but becomes …
Persistent link: https://www.econbiz.de/10011408188
income and wealth inequality in five OECD countries using comparable household-level survey data. We focus on the dependence … index appears primarily driven by differences in inequality in the wealth distribution. …This paper considers a parametric model for the joint distribution of income and wealth. The model is used to analyze …
Persistent link: https://www.econbiz.de/10011295514
Since the late twentieth century there has been a growing interest in academic and political circles on inequality. In … research about Inequality since the 1950s; (ii) the development of a new method of analysis that combines (ii-a) a quantitative …
Persistent link: https://www.econbiz.de/10012649090