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Intra-household inequality continues to remain a neglected corner despite renewed focus on income and wealth inequality. Using the LIS micro data, we present evidence that this neglect is Equivalent to ignoring up to a third of total inequality. For a wide range of countries and over four...
Persistent link: https://www.econbiz.de/10011539912
Piketty's rg implies an increase in capital-output ratio and in the share of capital income in net output. But it still does not guarantee the increase in personal income inequality. We derive the conditions for the "pass-through" of the rise in the share of capital income to greater personal...
Persistent link: https://www.econbiz.de/10011484242
The match between perception and reality can depend on many different elements across societies over time, but subjective and objective dimensions are both relevant particularly in social class analysis. The aim of this paper is to investigate perceived social position and income inequality in...
Persistent link: https://www.econbiz.de/10011484327
We examine the extent to which declining manufacturing employment may have contributed to increasing inequality in advanced economies. This contribution is typically small, except in the United States. We explore two possible explanations: the high initial manufacturing wage premium and the high...
Persistent link: https://www.econbiz.de/10012052312
This paper provides a novel analysis of the trend in income inequality in the United States between 1979-2013. There are two ways in which this paper contributes to the literature. First, I analyze how much of the existing inequality in the U.S. is due to the demographic changes that happened...
Persistent link: https://www.econbiz.de/10011628403
This paper examines the evolution of the breadth and target of social policy in the US. By analyzing LIS household data from the US, the paper brings fresh evidence to longstanding debates over how inequality influences income redistribution, whether a welfare retrenchment has occurred, and...
Persistent link: https://www.econbiz.de/10010422880
This paper analyses government instruments in terms of reducing market inequality. Government redistribution, realized through public spending and taxation, could be considered as a key element in order to ensure a more equal distribution of income between households. The first part of the paper...
Persistent link: https://www.econbiz.de/10012229058
The measurement of Inequality of Opportunity has attracted a lot of attention in recent years, despite of the fact that it is very limited by the scarce availability of data on family background. In this paper we propose a method to overcome this limitation, which consists of using another...
Persistent link: https://www.econbiz.de/10012009246
This paper introduces a series of augmentations to the Current Population Survey to allow for more accurate estimations of American poverty outcomes and a more fruitful integration of the U.S. into comparative research. The augmentations address three shortcomings in recent poverty research,...
Persistent link: https://www.econbiz.de/10011687333
The Luxembourg Income Study (LIS) data is expanding to cover "middle income" countries that supplement the large, existing sample of countries which are "high income" in the LIS Database. Developing countries tend to have social protection systems that are less formalized, and financial...
Persistent link: https://www.econbiz.de/10011687829