Showing 1 - 10 of 2,019
of redistribution: a universal basic income, and a categorical unemployment benefit. Well-being depends on own …
Persistent link: https://www.econbiz.de/10013136943
This paper analyzes the effect of changes in structural progressivity of national income tax systems on observed and actual income inequality. Using several unique measures of progressivity over the 1981-2005 period for a large panel of countries, we find that progressivity reduces inequality in...
Persistent link: https://www.econbiz.de/10013099109
Expansion of the public sector and redistributive policies may reduce income inequality, but formal tests suffer from the problem of endogeneity of government size with respect to the distribution of income. Studying 30 European countries over the period 2004-2015, we apply instrumental variable...
Persistent link: https://www.econbiz.de/10012894558
lifetime earnings risk. Based on a dynamic life-cycle model, we find that redistribution through the tax-and -transfer system …
Persistent link: https://www.econbiz.de/10012929083
This paper holistically addresses the effective (relative) income tax contribution of a given in-come (or, wealth) group. The widely acclaimed standard in public policy is the absolute benefaction of a given income group in filling up the fiscal coffers. Instead, we focus on the ratio of the...
Persistent link: https://www.econbiz.de/10012948621
This paper explores the question of structural transformation and income distribution through the eyes of the pioneer in such analysis, Simon Kuznets. It argues that his 1955 paper stands the test of time in providing insights which are relevant to understanding current phenomena like the...
Persistent link: https://www.econbiz.de/10012960255
This chapter provides a critical overview of the state of the art in the economics literature on structural reforms. It takes stock of theoretical developments, measurement efforts and of the econometric evidence. We start with a simple theoretical framework for the relationship between...
Persistent link: https://www.econbiz.de/10012942092
aggregate constraint, redistributing. We find that heterogeneity matters, particularly with redistribution. In the meritocracy …, in the redistribution case, the solution for time devoted to capital accumulation is never interior for both agents … welfare under the redistribution regime is always higher than under meritocracy and it is optimal to exploit existing …
Persistent link: https://www.econbiz.de/10012985671
We examine the (potentially nonlinear) relationship between inequality and growth using a method which does not require an a priori assumption on the underlying functional form. This approach reveals a plateau completely missed by commonly used (nonlinear) parametric approaches - the economy...
Persistent link: https://www.econbiz.de/10013029626
redistribution and progressive taxation, and less likely to have a conservative political orientation, even conditional on having the …
Persistent link: https://www.econbiz.de/10013128215