In the distributive analysis, the constant relative inequality aversion utility function is a standard tool for ethical … judgements of income distributions. The sole parameter ε of this function expresses a society’s aversion to inequality. However … inequality aversion utility function using datasets available from the Luxembourg Income Study Database. We utilise the method of …

Can consumption taxes reduce inequality in developing countries? This paper combines household expenditure data from 31 … allow for informal consumption and calibrates it to the data to study the effects of different tax policies on inequality …. Contrary to consensus, the findings show that consumption taxes are redistributive, lowering inequality by as much as personal …

inequality (how the composition of income between capital and labor varies along income distribution). Capitalism may be seen to … countries over the past 25 years, we show that higher compositional inequality is associated with higher inter …-personal inequality. Nordic countries are exceptional because they combine high compositional inequality with low inter …

The quest for status is a powerful motivator, but does it affect inequality? This paper presents a novel lab experiment … that was designed and conducted to identify the relationship between inequality, status signaling, debt, and conspicuous … finance exacerbates inequality. The results point to a vicious cycle of inequality and costly borrowing …

changes at the extremes of the distribution might obscure inequality's actual dimension, and thereby help perpetuate it. To … avoid this, the present paper discusses a complementary indicator for the measurement of inequality: the ratio of the income …

Income inequality is rising but there seems to be no clear-cut effect on redistribution preferences, which is …-regarding motives. This study follows prior theorization presuming that the effect of inequality is transmitted through normative value … judgements, but argues that a central point has been neglected. Individuals support a certain level of inequality caused by …

The measurement of Inequality of Opportunity has attracted a lot of attention in recent years, despite of the fact that … occupation. Secondly, we compare the results of our approach to estimate Inequality of Opportunity (which includes a measure of … background. Finally, we apply it to estimate Inequality of Opportunity for the full length of the EU-SILC database, which covers …

This paper characterizes the trade-off between the income gains and the inequality costs of trade using survey data for … gains and the inequality costs of trade liberalization are quantified and the trade-offs between them are assessed using an … inequality costs (gains), which arise because trade tends to exacerbate income inequality: 45 countries face a trade-off, while …