Showing 1 - 10 of 226
We explore the extent to which LIS-data can be used to shed light on the presence of women in the top of the income distribution. We show developments of the share of women in top groups (P90-100 and P99-100) of the labour income distribution for 28 countries and, when possible, compare to...
Persistent link: https://www.econbiz.de/10012389650
The paper investigates the effectiveness of the median voter as a decisive agent in the process of redistribution. According to the previous literature, it tests several assumptions finding interesting results: The positive relation between inequality and redistribution is confirmed, but the...
Persistent link: https://www.econbiz.de/10010335331
The reformulation of the median voter hypothesis and its testing proposed in Milanovic (2000) has been criticized from four different perspectives. The critiques are discussed and assessed.
Persistent link: https://www.econbiz.de/10010335351
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
This study examines empirically the impact of income polarization on economic growth in an unbalanced panel of more than 70 countries during the 1960-2005 period. We calculate various polarization indices using existing micro-level datasets, as well as datasets reconstructed from grouped data on...
Persistent link: https://www.econbiz.de/10010335431
We use data from the Luxembourg Income Study in order to quantify the economy-wide monetary gains achieved by household-size economies due to within-household sharing of goods by individuals living in multimember households. In most countries out of the twenty countries we examine, we observe a...
Persistent link: https://www.econbiz.de/10010335538
The paper uses a veil of ignorance approach and income distribution data of developed countries to arrive at inequality corrected income rankings. While a risk neutral individual (based on year 2000 data) would have preferred to be born into the US rather than any European country in our sample...
Persistent link: https://www.econbiz.de/10010335546
Lupu and Pontusson (2011) argue that the structure of income inequality, rather than its level, can explain differences in fiscal redistribution across modern welfare states. Contrary to the assertion that there is robust evidence in support of this proposition, the present paper challenges the...
Persistent link: https://www.econbiz.de/10012890814
Current studies addressing the rise in inequality confine themselves to country-level developments. This paper delineates trends in earnings inequality and employment at the sectoral level for eight LIS countries between 1985-2005. Earnings inequality mainly manifests itself within rather than...
Persistent link: https://www.econbiz.de/10014155368
Prior country case studies show substantial wage premiums in the financial sector contributes to growth of top incomes and wage inequality in a select group of advanced economies. However, while comparative studies show financialization exerts heterogenous effects on wage inequality across...
Persistent link: https://www.econbiz.de/10013467152