Showing 1 - 10 of 44
recent economic research on the welfare state and anti-poverty policy in rich countries, and explore their implications. We … welfare state and anti-poverty policies. We then focus on the central plank of the modern welfare state's efforts to address … discuss the welfare state and anti-poverty policy in the context of the economic crisis which began in 2007-8, and the …
Persistent link: https://www.econbiz.de/10010377307
We link life-satisfaction data to inequality of the pre- and post-government income distribution at the regional level, to estimate the degree of inequality aversion. Three different inequality measures are used. In addition, we investigate whether a reduction in inequality by the state...
Persistent link: https://www.econbiz.de/10010261664
We link life-satisfaction data to inequality of the pre-government income distribution at the regional level, to estimate the degree of inequality aversion. In addition, we investigate whether a reduction in inequality by the state increases individual well-being. We find that Germans are...
Persistent link: https://www.econbiz.de/10010262817
diverges from annual redistribution in welfare states of different types. Exploiting panel data from the Cross … welfare states like Germany that are assumed to engage in a high level of redistribution actually achieve relatively less … between individuals. The results suggest that, in welfare states with aging populations, we might expect growing annual …
Persistent link: https://www.econbiz.de/10012322474
Social protection systems play a key stabilising role for individuals and societies, especially in the recent context of heightened uncertainties. Income stabilisation and related social policy objectives hinge on the extent to which social protection is accessible for those requiring support....
Persistent link: https://www.econbiz.de/10013351828
The concept of equality of opportunity (EOp) goes back to Roemer (1993, 1998) who argues that a society shall guarantee its members equal access to advantage regardless of their circumstances, while holding them responsible for turning that access into actual advantage by the application of...
Persistent link: https://www.econbiz.de/10010278769
We decompose the redistributive effect of direct taxes into vertical, horizontal, and reranking components applying the methods of Urban and Lambert (Public Finance Review, 2008). In the first such application to the UK, and using yearly data covering 1977–2020, we find that redistributive...
Persistent link: https://www.econbiz.de/10014469820
In this paper, we study how the tax-and-transfer system reduces the inequality of lifetime income by redistributing lifetime earnings between individuals with different skill endowments and by providing individuals with insurance against lifetime earnings risk. Based on a dynamic life-cycle...
Persistent link: https://www.econbiz.de/10011816547
The ?prospect of upward mobility? (POUM) hypothesis formalised by Benabou and Ok (2001a) finds explicit assumptions under which some individuals that are poorer than the average optimally choose to oppose redistribution policies. The underlying intuition is that these individuals rationally...
Persistent link: https://www.econbiz.de/10010261622
This paper provides unprecedented direct evidence from large-scale survey data on both the intensity (how much?) and direction (to whom?) of income comparisons. Income comparisons are considered to be at least somewhat important by three-quarters of Europeans. They are associated with both lower...
Persistent link: https://www.econbiz.de/10010271306