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Equivalence scales are often used to adjust household income for differences in characteristics that affect needs. For … example, a family of two is assumed to need more income than a single person, but not double due to economies of scale in …
Persistent link: https://www.econbiz.de/10012165604
Most methods for the analysis of distributional change rely on the changes in the income of a particular group of … standard against a richer group, thereby capturing a notion of change in relative income, which embodies the influence of … others' wellbeing on the judgment of the group's own situation. The indices, and related relative income change (RIC) curves …
Persistent link: https://www.econbiz.de/10011345748
Following Russia's February invasion of Ukraine and the imposition of sanctions by countries worldwide, Russian population faces a crisis with deep but differentiated consequences across socioeconomic groups. We examine the evolution of earnings and societal earnings gaps throughout Vladimir...
Persistent link: https://www.econbiz.de/10014455206
There is increasing scholarly evidence that financialization has contributed to rising income inequality, especially by … concentrating income among the affluent and rich. There is less empirical research examining who is losing out to the affluent. This … employment; credit expansion; and financial crises) affect upper-tail (measured as the ratio between the 90th and 50th income …
Persistent link: https://www.econbiz.de/10011928576
measures. It finds that the main source of negative disposable incomes is negative self-employment income, and that high tax …, or even better, than other households in terms of material wellbeing. By contrast, zero-income households are found to be …
Persistent link: https://www.econbiz.de/10012228751
Persistent link: https://www.econbiz.de/10003510944
incomes and income inequality have evolved from around 1980 through the Great Recession. There are striking differences across … OECD countries in average real median income growth. Some increase in overall inequality has been common, but with wide … variation in extent and timing. Top (pretax) income shares have generally been rising, but not always consistently with overall …
Persistent link: https://www.econbiz.de/10011455044
builds on data from the 2002 round of the European Social Survey, data from the Luxembourg Income Study and from the … strengthen the class-attitude link. Large income differences are instead typically associated with small class variance in …
Persistent link: https://www.econbiz.de/10003749014
Persistent link: https://www.econbiz.de/10003362235
Over the last three decades, the wealth-to-income ratio (WIR) in many Western countries, particularly in Europe and … period where wealth became a secondary resource for a middle-class lifestyle afforded by education and labor income for both …
Persistent link: https://www.econbiz.de/10012887897