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conversion strategy, and explain our results by means of an inequality decomposition by population subgroups. …, a reliable assessment of inequality in living standards, therefore, necessitates the conversion of the original …
Persistent link: https://www.econbiz.de/10010296295
We employ German Sample Survey Income data to examine income inequality and the financial situation of elderly citizens … with residence in the Old and the New German Laender. Inter-temporal changes in income inequality are also decomposed by … financially better-off compared to retired elderly. For reunified Germany, inequality is astonishingly stable over time, but rises …
Persistent link: https://www.econbiz.de/10010296302
Die Riester-Förderung soll dazu beitragen, dass häufiger und mehr für die Altersvorsorge gespart wird. Der Einfluss der Riester-Förderung auf die Sparneigung von Haushalten mit niedrigem Einkommen ist dabei ein zentrales Kriterium zur ökonomischen Evaluation dieser Politik. Unsere...
Persistent link: https://www.econbiz.de/10010296294
Since 2002 the German government has promoted private retirement saving plans by means of special subsidies and tax incentives (Riester scheme). This policy mainly targets low-income households. Using data from the German Socio-economic Panel, we scrutinize the impact of the Riester scheme on...
Persistent link: https://www.econbiz.de/10010298766
the minimum transactions costs before a welfare loss is experienced, or before income inequality is exacerbated. These two … has to reach the transferee in order to keep the degree of income inequality or the aggregate social welfare at the same … level. However, this conjecture is theoretically wrong for the degree of income inequality, and partly wrong for aggregate …
Persistent link: https://www.econbiz.de/10010296229
Using an experiment with material incentives, this paper investigates the violation of Lorenz relations in the case of dominant and single-crossing Lorenz curves. Our experimental design consists of two treatments: an income distribution treatment and a lottery treatment. Both treatments were...
Persistent link: https://www.econbiz.de/10010296241
form, leaky-bucket transactions trace out the maximum "leakage" of transaction costs before income inequality is … transferee in order to keep the degree of income inequality or social welfare intact. However, in general, this conjecture is … inequality measures and their associated social welfare functions shows poor empirical evidence. Subjects' perceptions to …
Persistent link: https://www.econbiz.de/10010296242
An income inequality measure satisfies the Pigou-Dalton transfer principle if progressive transfers decrease income … inequality. When transfers cause transaction costs, one can trace out the maximum leakage such that the transfer pays at the … margin. An income inequality measure is leaky-bucket consistent if the transaction costs of a transfer are neither negative …
Persistent link: https://www.econbiz.de/10010296274
more than 50% of all cases. This means that ethical inequality measures lack support in peoples' perceptions. In addition … from below receive decidedly higher ratings (which implies risk and inequality aversion), but lower valuations. The …
Persistent link: https://www.econbiz.de/10010296309
inequality averse as umpires. A within-subjects analysis shows that about one half became less inequality averse, one quarter … became more inequality averse and one quarter left its behavior unchanged as umpires. In the risk scenario, subjects become … on average more inequality averse in their umpire roles. A within-subjects analysis shows that half of them became more …
Persistent link: https://www.econbiz.de/10010296310