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elasticity declines over time after 1981. It is invariant to controlling for income inequality but diminished upon controlling …
Persistent link: https://www.econbiz.de/10013135179
This paper examines the economic origins of the Islamic revival that took place in Egypt in the 1970-80s, and in Muslim … societies more generally. We provide the first systematic evidence of a decline in social mobility among educated youth in Egypt …
Persistent link: https://www.econbiz.de/10013085059
This paper studies differences in inequality perceptions, distributional norms, and redistributive preferences between …. Surprisingly, however, differences in distributional norms are much smaller than differences with respect to inequality perceptions … same inequality perceptions and distributional norms …
Persistent link: https://www.econbiz.de/10013128215
We investigate the effects of inequality in wealth on the incentives to contribute to a public good when agents are … generated by purely selfish agents. But introducing inequality motivates more productive agents to exert higher efforts and help … disadvantageous inequality. Moreover, the more inequity averse the agents, the more inequality should be imposed even by an …
Persistent link: https://www.econbiz.de/10013129910
can be concluded that both taxes and transfers reduce inequality of opportunities, with social benefits typically playing … the key role. Furthermore, the equalizing impacts of the tax benefit system on inequality of opportunity differ … substantially from the ones observed when referring to the traditional notion of inequality of outcomes …
Persistent link: https://www.econbiz.de/10013134930
, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality …. Moreover, we find that the impact of slavery on current income inequality is determined by racial inequality. We test three … alternative channels of transmission between slavery and inequality: a land inequality theory, a racial discrimination theory and …
Persistent link: https://www.econbiz.de/10013135634
This paper documents the magnitude, pattern, and evolution of lifetime earnings inequality in Germany. Based on a large …. Earnings data for thirty-one cohorts reveals striking evidence of a secular rise of intra-generational inequality in lifetime … earnings: West-German men born in the early 1960s are likely to experience about 80 % more lifetime inequality than their …
Persistent link: https://www.econbiz.de/10013119299
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 observed income, but has a significantly smaller impact on actual … inequality, approximated by consumption-based GINIs. We show empirically that the differential effect on observed vs. actual …
Persistent link: https://www.econbiz.de/10013099109
We put together the different conceptual issues involved in measuring inequality of opportunity, discuss how these … implementing these measures. Our analysis identifies and suggests several new possibilities to measure inequality of opportunity …. The approaches are illustrated with a selective survey of the empirical literature on income inequality of opportunity …
Persistent link: https://www.econbiz.de/10013104357
We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the … United States since 1980. Contractionary monetary policy actions systematically increase inequality in labor earnings, total … historical cyclical variation in income and consumption inequality. Using detailed micro-level data on income and consumption, we …
Persistent link: https://www.econbiz.de/10013104935