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While most studies on wealth inequality focus on the inequality between households, this paper examines the distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German Socio-Economic Panel Study (SOEP). In married and cohabiting...
Persistent link: https://www.econbiz.de/10013074897
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 trend and it fluctuates between a wage and unemployment...
Persistent link: https://www.econbiz.de/10012909981
This paper considers a parametric model for the joint distribution of income and wealth. The model is used to analyze income and wealth inequality in five OECD countries using comparable household-level survey data. We focus on the dependence parameter between the two variables and study whether...
Persistent link: https://www.econbiz.de/10013016307
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 sharing rule for non-labor income. Using the...
Persistent link: https://www.econbiz.de/10012912744
to their pre-inheritance wealth. We also find that post-inheritance behavioral adjustments mitigate the equalizing effect … Swedish inheritance tax reduced the equalizing inheritance effect but that the redistribution of tax revenues could reverse …
Persistent link: https://www.econbiz.de/10012995595
inheritances have very little effect on the distribution of Total Inflows, suggesting that inheritance taxes may do little to …
Persistent link: https://www.econbiz.de/10014083901
with the inheritance of employers that have different intergenerational earnings elasticities. The model also demonstrates … that the inheritance of employers plays a role in understanding observed nonlinearities …
Persistent link: https://www.econbiz.de/10013144694
In this paper we report on the trade-offs that 1,068 Australian university students make between absolute income and the rank of that income in hypothetical income distributions. We find that income rank matters independently of absolute income, with greater weight given to rank by males,...
Persistent link: https://www.econbiz.de/10013138669
Approaches to measuring health inequalities are often problematic in that they use methods that are inappropriate for categorical data. The approach here focuses on "pure" or univariate health inequality (rather than income-related or bivariate health inequality) and is based on a concept of...
Persistent link: https://www.econbiz.de/10012868789
Using data from two comprehensive national labour force surveys conducted in 2005 and 2013, this paper examines the extent of intergenerational mobility in Ethiopia using monetary and non-monetary measures. Quantile regression and OLS based results suggest there is moderate level of "stickiness"...
Persistent link: https://www.econbiz.de/10012986761