Showing 1 - 10 of 478
In this paper we study the contribution of migrants to the rise in UK top incomes. Using administrative data on the … universe of UK taxpayers we show migrants are over-represented at the top of the income distribution, with migrants twice as …, and migrants are concentrated in only a handful of industries, predominantly finance. Almost all (85%) of the growth in …
Persistent link: https://www.econbiz.de/10012822457
This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … framework based on a collective model of labor supply, where household decisions are Pareto efficient, and spouses negotiate a … wives tend to be more altruistic in comparison to their husbands regarding the intra-household allocation of income, which …
Persistent link: https://www.econbiz.de/10012912744
This paper presents new estimates of wealth inequality in Sweden during 2000–2012, linking wealth register data up to … of the wealth tax stopped the collection of individual wealth statistics. We find that wealth inequality increased after … performance of the capitalization method by contrasting its estimates and their dispersion with observed stocks in register data …
Persistent link: https://www.econbiz.de/10012992759
distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German Socio … look at five different sets of factors (demographics, income, labor market, inheritances, financial decision-making in the … partnership) that might explain this wealth gap.We find that all factors contribute to the explanation of the wealth gap within …
Persistent link: https://www.econbiz.de/10013074897
Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of … countries. Most of these studies have focused on the national experience of individual countries, but we can also learn from … nature of data and reality. In this paper, we therefore adopt an intermediate approach, taking five Anglo-Saxon countries …
Persistent link: https://www.econbiz.de/10013141780
Closely following recent innovations in the literature on the multidimensional measurement of poverty, this paper … provides similar measures for the top of the distribution using a dual cutoff method to identify individuals, who can be … considered as rich in a multidimensional setting. We use this framework to analyze the role of wealth, health and education, in …
Persistent link: https://www.econbiz.de/10013146473
This paper reviews the long run developments in the distribution of personal income and wealth. It also discusses … the distribution of income and wealth over time? Are there common trends across countries or over the path of development … historically high almost everywhere at the beginning of the twentieth century. In some countries this situation was preceded by …
Persistent link: https://www.econbiz.de/10013054572
In this paper, we develop and numerically solve a model of idiosyncratic labour income and idiosyncratic interest rates … to predict the evolution of a wealth distribution over time. Stochastic labour income follows a deterministic growth … distributions.Our baseline model matches the evolution of the wealth distribution of the NLSY 79 cohort from 1986 to 2008 very well …
Persistent link: https://www.econbiz.de/10012909981
We provide the first estimates of intergenerational income mobility for a developing country, namely Brazil. We measure … informal income. The data reveal a much higher degree of persistence than previous estimates available for developed economies … persistence is even higher in the top 5%. Children born to parents in the first income quintile face a 46% chance of remaining at …
Persistent link: https://www.econbiz.de/10014244088
This paper proposes a definition of equality of educational opportunities. Then, it develops a comprehensive model that … allows to test for the existence of equality of opportunity in a given distribution and to rank distributions according to … equality of opportunity. Finally, it provides an empirical analysis of equality of opportunity for higher education in Italy …
Persistent link: https://www.econbiz.de/10013316707