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Income mobility is often thought to equalize permanent incomes and thereby to improve social welfare. The welfare … comparative) impact of mobility and of the tax system (another presumed income equalizer) on the dynamics of income across time … and on the inequality of income across individuals. Using panel data, we find that Canada's tax system limits …
Persistent link: https://www.econbiz.de/10013123610
We show that the welfare of a country's infinitely-lived representative consumer is summarized, to a first order, by total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a country, as well as welfare differences across...
Persistent link: https://www.econbiz.de/10013107706
.e. whether immigrants are more likely to move to countries with generous welfare systems. Although economic theory predicts that …
Persistent link: https://www.econbiz.de/10013107719
partially-identified case. Finally, we illustrate our methods with an empirical application to welfare comparison of two income …
Persistent link: https://www.econbiz.de/10012835871
Udry (1996) uses household survey data and finds that the allocation of resources within households is Pareto inefficient, contradicting the main assumption of most collective models of intrahousehold bargaining. He finds that among plots planted with the same crop in the same year, within a...
Persistent link: https://www.econbiz.de/10012784076
I examine the effect of immigrant inflows in Europe on natives' individual attitudes towards redistribution and immigration policy over the last decade. Unlike previous studies, I analyze the evolution over time of these two types of attitudes in a joint empirical framework. Using migration data...
Persistent link: https://www.econbiz.de/10012955009
Many countries consider rising fertility through pro-family policies as a solution to the fiscal pressure stemming from longevity. However, an increased number of births implies immediate private costs and only delayed public benefits of younger and larger population. We propose using an...
Persistent link: https://www.econbiz.de/10012870210
total welfare loss is around 4.9 percent of yearly household income, with marriage distortion contributing 17 percent of …
Persistent link: https://www.econbiz.de/10013011174
We study welfare effects of public short-time compensation (STC) in a model in which firms respond to idiosyncratic profitability shocks by adjusting employment and hours per worker. Introducing STC substantially improves welfare by mitigating distortions caused by public unemployment insurance...
Persistent link: https://www.econbiz.de/10013044412
sharing rule for non-labor income. Using the American Time Use Survey for the years 2003 to 2015, estimates show a positive … wives tend to be more altruistic in comparison to their husbands regarding the intra-household allocation of income, which … increases in any source of household income are associated with decreases in intra-household inequality, as measured by the …
Persistent link: https://www.econbiz.de/10012912744