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I analyze the role of the distribution of skills in shaping optimal nonlinear income tax schedules. I use theoretical skill distributions as well as empirical skill distributions for 14 OECD countries. I find that a more dispersed log-normal skill distribution implies a more progressive optimal...
Persistent link: https://www.econbiz.de/10012887949
as well as from reallocation within the market sector that raises productivity in non-routine cognitive jobs. We contrast …
Persistent link: https://www.econbiz.de/10012591285
This paper is on measuring the gap in returns to education between foreign-born and native workers in France, Germany, and Austria and investigates the extent to which this gap can be explained by a mis-match between the actual and the years of schooling typical for a given occupation. The...
Persistent link: https://www.econbiz.de/10008669315
use our framework to quantify the importance of (i) lower exogenous productivity differences, and (ii) the size … relative contribution of exogenous productivity versus size-dependent distortions for output and plant-size differences between … the U.S. and Japan. Our results show that exogenous productivity differences account for about 80% of the output gap …
Persistent link: https://www.econbiz.de/10010514445
The digital transformation imposes both opportunities and risks for creativity and for creative employment, with implications for trends in income levels and the distribution of income. First, we consider skill-biased technological change as a determinant of income and labor market outcomes in...
Persistent link: https://www.econbiz.de/10011961140
Most methods for the analysis of distributional change rely on the changes in the income of a particular group of people, taking either the situation of this group in the previous period, or the average change in the population, as reference point. By contrast, we propose a measure of...
Persistent link: https://www.econbiz.de/10011345748
This short essay examines the proposition that the transition process to a capitalist economic system in Eastern and Central European nations has introduced greater income inequality than in long-time capitalist nations at similar stages of development. In the empirical analysis I use comparable...
Persistent link: https://www.econbiz.de/10011345753
The openness to international trade and capital movements of industrialized countries has increased substantially during the recent decades. At the same time, most of these countries experienced a rise in income dispersion. Against this background, the paper analyzes empirically whether the...
Persistent link: https://www.econbiz.de/10010354569
This paper investigated the link between inflation and the top decile income share after the global financial crisis. The analysis was done on a sample of 42 countries. We found that higher inflation has reduced the income going to the top decile. The main explanation is that inflation has...
Persistent link: https://www.econbiz.de/10010374488
The aim of this paper is to compare the economic situation of young retirees with their peers who decided to continue their working life before and during the recent economic crisis using the micro-data from the Luxembourg Income Study Database (LIS) for four countries (Greece, Spain, the UK and...
Persistent link: https://www.econbiz.de/10010257203