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Measuring inequality using censored data : a multiple imputation approach

Jenkins, Stephen; Burkhauser, Richard V.; Feng, Shuaizhang - 2009

To measure income inequality with right censored (topcoded) data, we propose multiple imputation for censored … observations using draws from Generalized Beta of the Second Kind distributions to provide partially synthetic datasets analyzed … Population Survey (CPS) internal data, we find few statistically significant differences in income inequality for pairs of years …

Persistent link: https://www.econbiz.de/10003818749

The top tail of the wealth distribution in Germany, France, Spain, and Greece

Bach, Stefan; Thiemann, Andreas; Zucco, Aline - 2015

We analyze the top tail of the wealth distribution in Germany, France, Spain, and Greece based on the Household Finance and Consumption Survey (HFCS). Since top wealth is likely to be underrepresented in household surveys we integrate the big fortunes from rich lists, estimate a Pareto...

Persistent link: https://www.econbiz.de/10011317780

Looking for the missing rich : tracing the top tail of the wealth distribution

Bach, Stefan; Thiemann, Andreas; Zucco, Aline - 2017

We analyze the top tail of the wealth distribution in Germany, France, and Spain based on the first and second wave of the Household Finance and Consumption Survey (HFCS). Since top wealth is likely to be underrepresented in household surveys, we integrate big fortunes from rich lists, estimate...

Persistent link: https://www.econbiz.de/10011780808

European-wide inequality in times of the financial crisis

Bönke, Timm; Schröder, Carsten - 2015

In view of rising concerns over increasing inequality in the European Union since the financial crisis, this study … provides an inequality decomposition of the overall European income distribution by country. The EU Statistics on Income and … Living Conditions are our empirical basis. Inequality has risen moderately within the core Euro area, particularly in the …

Persistent link: https://www.econbiz.de/10011280012

The dynamics of earnings in Germany : evidence from social security records

Bönke, Timm; Giesecke, Matthias; Lüthen, Holger - 2015

This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles forprime age men born 1935 through 1974 that covers earnings...

Persistent link: https://www.econbiz.de/10011373904

A HANK2 model of monetary unions

Bayer, Christian; Kriwoluzky, Alexander; Müller, Gernot J. - 2023

How does a monetary union alter the impact of business cycle shocks at the household level? We develop a Heterogeneous Agent New Keynesian model of two countries (HANK2) and show in closed form that a monetary union shifts the adjustment to a shock horizontally - across countries - within the...

Persistent link: https://www.econbiz.de/10014305671

Hicks in HANK : fiscal responses to an energy shock

Bayer, Christian; Kriwoluzky, Alexander; Müller, Gernot J. - 2023

The distributional and disruptive effects of energy supply shocks are potentially large. We study the effectiveness of alternative fiscal responses in a two-country HANK model that we calibrate to the euro area. Energy subsidies can stabilize the domestic economy, but are fiscally costly and...

Persistent link: https://www.econbiz.de/10014391466

The broken elevator : declining absolute mobility of living standards in germany

Bönke, Timm; Harnack-Eber, Astrid; Lüthen, Holger - 2024

higher income inequality contributed similarly to these trends. …

Persistent link: https://www.econbiz.de/10014468850

The covariance structure of East and West German incomes and its implications for the persistence of poverty and inequality

Biewen, Martin - 2002

persistence of transitory shocks and their implications for the persistence of poverty and income inequality. The results suggest … that 52 to 69 percent of income inequality in West Germany were due to permanent differences between individuals and that … to overall income inequality increased from 20 percent in 1990 to over 70 percent in 1998 and the persistence of poverty …

Persistent link: https://www.econbiz.de/10011436290

Estimation of Generalized Entropy and Atkinson inequality indices from complex survey data

Biewen, Martin; Jenkins, Stephen - 2003 - This version: 11 April 2003

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