Showing 1 - 10 of 1,193
inequality amplifies the negative income gradient, and that the rich are no more empathetic towards children than they are …
Persistent link: https://www.econbiz.de/10014087588
By inverting Saez (2002)'s model of optimal income taxation, we characterize the redistributive preferences of the Irish government between 1987 and 2005. The (marginal) social welfare function revealed by this approach is consistently comparable over time and show great stability despite...
Persistent link: https://www.econbiz.de/10013137249
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
public good is pure, any given, positive level of income inequality can be shown to be socially excessive by suitably … redistribution from the rich to the poor will improve social welfare, regardless of how small inequality is in the status quo …
Persistent link: https://www.econbiz.de/10012756257
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method that allows us to …
Persistent link: https://www.econbiz.de/10013121331
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method that allows us to … tax policy effect aggravated income inequality by increasing the income share of the top 20% in contrast to the middle … class' share. The tax policy effect accounts for up to 29% of the total change in inequality; its contribution increases up …
Persistent link: https://www.econbiz.de/10013087396
This paper asks whether the gap in subjective happiness between spouses matters per se, i.e. whether it predicts divorce. We use three panel databases to explore this question. Controlling for the level of life satisfaction of spouses, we find that a higher satisfaction gap, even in the first...
Persistent link: https://www.econbiz.de/10013153309
This paper examines the importance of relative deprivation in Tanzania, a poor African country, using three waves of the Tanzanian National Panel Survey. We contribute to earlier literature in Africa by controlling for time persistent unobservable individual characteristics (panel data) and by...
Persistent link: https://www.econbiz.de/10012859764
framework to analyse how income inequality, besides other structural and policy-related features, shapes the trade-off between … inequality and poverty and that the magnitude of the change is larger in more unequal countries.Such a cumulative process shapes …
Persistent link: https://www.econbiz.de/10012833873
We study the link between tax progressivity and top income shares. Using variation from large-scale Western tax reforms in the 1980s and 1990s and the novel synthetic control method, we find large and lasting boosting impacts on top income shares from the progressivity reductions. Effects are...
Persistent link: https://www.econbiz.de/10012959051