Showing 1 - 10 of 11
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/10009545458
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/10003749020
We provide a characterization of the generalised satisfaction - in our terminology nondeprivation - quasi-ordering introduced by S.R. Chakravarty (Keio Economic Studies 34 (1997), 17-32) for making welfare comparisons based on the absence of deprivation. We show that the non-deprivation...
Persistent link: https://www.econbiz.de/10003800432
This paper aims to quantify the effects from migration on net income distributions, disentangling the roles played by factor reallocation and remittances, and focusing on two (primarily) destination countries (Spain and Italy) and two (primarily) origin countries (Jordan and Iraq). Using LIS-ERF...
Persistent link: https://www.econbiz.de/10012227808
This paper investigates whether the individual misperception of income distributions helps explain why, opposite to Meltzer and Richard (1981), higher initial inequality levels do not correlate positively with redistribution. I conduct a representative survey experiment in Brazil, France,...
Persistent link: https://www.econbiz.de/10011687329
This study assesses the redistributive impacts of fiscal instruments in a 2014 Mexican household budget survey (ENIGH) correcting for potential top-income measurement problems. We use two correction methods based on within-survey information to re-estimate the redistributive impacts of...
Persistent link: https://www.econbiz.de/10012029158
This study presents new empirical results, using microdata from the LIS database, on development patterns in economic inequality for a set of countries that are less covered in the empirical literature, mostly due to the lack of appropriate data. After discussing the main challenges when...
Persistent link: https://www.econbiz.de/10011961146
Regional differences in prices levels are substantial in many countries, but little is known about how important they are for income inequality and relative poverty. To bridge this gap, we provide new evidence on the basis of the best available data and a novel two-step approach. First, we...
Persistent link: https://www.econbiz.de/10011928596
Many countries in the Western hemisphere are currently experiencing a backlash against globalization. Most of the research examining the issue has concentrated on international specialization and within-country income inequality as main drivers of the backlash. Doing so, the discussion has...
Persistent link: https://www.econbiz.de/10011870318
The last decade has seen a sharp increase in interest in the possible existence of a Paradox of Redistribution (PoR) whereby narrow targeting of social transfers aimed at increasing their redistributive (poverty) impact has the perverse effect of increasing poverty over the medium term due to...
Persistent link: https://www.econbiz.de/10014454808