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Using a sample of 20 OECD countries it is shown that the majority of countries decreased the level of intragenerational redistribution in the first pillar of their pension systems, though the evidence is weak in statistical terms. We find strong correlations between changes of the so-called...
Persistent link: https://www.econbiz.de/10010335599
Following Russia's February invasion of Ukraine and the imposition of sanctions by countries worldwide, Russian population faces a crisis with deep but differentiated consequences across socioeconomic groups. We examine the evolution of earnings and societal earnings gaps throughout Vladimir...
Persistent link: https://www.econbiz.de/10014477552
Mandelbrot (1960) proposed using the so-called Pareto-Lévy class of distributions as a framework for representing income distributions. We argue in this paper that the Pareto-Lévy distribution is an interesting candidate for representing income distribution because its parameters are easy to...
Persistent link: https://www.econbiz.de/10010335592
Based on the standard axiom of individual utility maximization, rational choice has postulated that higher income inequality translates into greater redistribution by shaping the median voter's preferences. While numerous papers have tested this proposition, the literature has remained divided...
Persistent link: https://www.econbiz.de/10010335364
public old age pensions and the survivors scheme attribute 60 percent to the increase of redistribution during the period …
Persistent link: https://www.econbiz.de/10010335525
social programs, like unemployment benefits or pensions and income taxes. We develop a budget incidence simulation model to … components account for above 50 percent of total reduction in income inequality: the public old age pensions and the survivors …
Persistent link: https://www.econbiz.de/10010335567
Using observational micro data from the Luxembourg Income Study (LIS), we assess the redistributive impact of tax and transfer configurations across 22 OECD countries for the period 1999-2013. After recovering new tax data (employer social contributions), we measure the reduction of income...
Persistent link: https://www.econbiz.de/10011725486
In most OECD countries the gap between rich and poor has widened over the past decades. This paper analyzes whether and to what extent taxes and social transfers have contributed to this trend. Has the redistributive power of different social programs changed over time? The paper contributes to...
Persistent link: https://www.econbiz.de/10012060309
extent variations at the social program level (such as old age pensions, child benefits) affect the measured effectiveness of …
Persistent link: https://www.econbiz.de/10012060345
population, second and third pillar pensions are advocated. However, it is important not to lose sight of the social consequences … of encouraging these private pensions. In this master thesis the paradox of redistribution from Korpi & Palme (1998) is … redistribution further states that inequality will be higher when the first pillar provides flat-rate pensions and will be the lowest …
Persistent link: https://www.econbiz.de/10010335560