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inequality indices when estimated from complex survey data. It turns out that this method also greatly simplifies the …
Persistent link: https://www.econbiz.de/10011438447
Equivalence Scales are a tool for removing the heterogeneity of household sizes in the measurement of inequality, and …
Persistent link: https://www.econbiz.de/10012801875
Can consumption taxes reduce inequality in developing countries? This paper combines household expenditure data from 31 … allow for informal consumption and calibrates it to the data to study the effects of different tax policies on inequality …. Contrary to consensus, the findings show that consumption taxes are redistributive, lowering inequality by as much as personal …
Persistent link: https://www.econbiz.de/10012241323
The quest for status is a powerful motivator, but does it affect inequality? This paper presents a novel lab experiment … that was designed and conducted to identify the relationship between inequality, status signaling, debt, and conspicuous … finance exacerbates inequality. The results point to a vicious cycle of inequality and costly borrowing …
Persistent link: https://www.econbiz.de/10012297516
This paper characterizes the trade-off between the income gains and the inequality costs of trade using survey data for … gains and the inequality costs of trade liberalization are quantified and the trade-offs between them are assessed using an … inequality costs (gains), which arise because trade tends to exacerbate income inequality: 45 countries face a trade-off, while …
Persistent link: https://www.econbiz.de/10012022290
Understanding the economic and social effects of the recent global trends of rising market concentration and market power has become a policy priority, particularly in developing countries where markets are often more concentrated. In this context, since the poor are typically the most affected...
Persistent link: https://www.econbiz.de/10012022355
inequality. To reduce the incidence of low-quality jobs, tax policy interventions should go hand in hand with more effective …
Persistent link: https://www.econbiz.de/10012113993
In this paper, we study how the tax-and-transfer system reduces the inequality of lifetime income by redistributing … offsets around half of the inequality in lifetime earnings that is due to differences in skill endowments. At the same time …, taxes and transfers mitigate around 60% of the inequality in lifetime earnings that is attributable to employment and health …
Persistent link: https://www.econbiz.de/10011780780