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Income inequality is rising but there seems to be no clear-cut effect on redistribution preferences, which is inconsistent with expectations of individual utility maximization. To explain this puzzle, recent research focuses on other-regarding motives. This study follows prior theorization...
Persistent link: https://www.econbiz.de/10012107524
The paper investigates the relationship between capitalism systems and their levels of income and compositional … inequality (how the composition of income between capital and labor varies along income distribution). Capitalism may be seen to … range between Classical Capitalism, where the rich have only capital income, and the rest have only labor income, and …
Persistent link: https://www.econbiz.de/10012305082
This paper uses a new age period cohort model to show that among cohorts born between 1935 and 1975, cohorts born around 1950 are significantly above the income trend in most countries. However, such inequalities between generations are much stronger in conservative, continental European welfare...
Persistent link: https://www.econbiz.de/10010257207
Korpi and Palme's (1998) classic "The Paradox of Redistribution and Strategies of Equality" claims that universal social policy better reduces poverty than social policies targeted at the poor. This article revisits Korpi and Palme's classic, and in the process, explores and informs a set of...
Persistent link: https://www.econbiz.de/10010436545
Welfare states influence the social structure of societies as well as inequalities in various ways. The paper presented here discusses whether specific structures of inequality can be identified in different welfare regimes, i.e. whether specific population groups (elderly, unemployed, single...
Persistent link: https://www.econbiz.de/10010217867
Persistent link: https://www.econbiz.de/10003510932
Over the last three decades, the wealth-to-income ratio (WIR) in many Western countries, particularly in Europe and North America, increased by a factor of two. This represents a defining empirical trend: a rewealthization (from the French repatrimonialisation) – or the comeback of (inherited)...
Persistent link: https://www.econbiz.de/10012887897
Persistent link: https://www.econbiz.de/10002422655
Rich democracies have experienced a large increase in income inequality starting around 1980, coinciding with a rise in international trade and information technology. The leading theories used to explain changes in the income distribution - skilled biased technological change and globalization...
Persistent link: https://www.econbiz.de/10012107530
capitalism. Here, we expand on the socio-economic regimes literature and show almost perfect similarity between varieties of … capitalism (VoC) and varieties of distributions (VoD). Utilising a new tool for income analysis, the isograph, and when we … theoretically known of welfare capitalism. We extend this relation to over 30 countries (LIS datasets) and then compare …
Persistent link: https://www.econbiz.de/10011539840