Showing 1 - 10 of 65
Using the GSOEP the paper analyses income mobility and inequality dynamics in Germany in the 90s at various levels of aggregation, ranging from a direct modelling of intra-distributional mobility using bivariate kernel density estimates to an examination of the moving cross-section
Persistent link: https://www.econbiz.de/10012772678
Non-parametric kernel density estimates are employed for an exploratory analysis of the distributional conseuqnces of the German tax-benefit system using GSOEP. The focuses is on the year 1991 and a detailed analysis is provided. Moreover, the anatomy of income inequality is thoroughly examined,...
Persistent link: https://www.econbiz.de/10012772680
The increases in human longevity in recent decades and the trends for early retirement have posed new challenges for policy makers, and require a holistic understanding of the processes that influence the economic resources of older people. This paper contributes to this knowledge by examining...
Persistent link: https://www.econbiz.de/10012771241
This paper is about the distributional dynamics of net household income in Germany, the US and the UK. We reject the common wisdom that Germany is a country in statsis: stable cross-sectional distributions are deceptive, concealing substantial movements beneath the surface. The US and the UK...
Persistent link: https://www.econbiz.de/10012771314
The intra-distributional mobility of German income dynamics is analysed using GSOEP. Transition probabilities are found to be time-varying. The tested models comprise various mixed Markov chains in discrete time and a non-stationary mover-stayer model is proposed. In order to explain the...
Persistent link: https://www.econbiz.de/10012751615
Acemoglu, Johnson, & Robinson (2002) have claimed that the world income distribution underwent a Reversal of Fortune from 1500 to the present, whereby formerly rich countries in what is now the developing world became poor while poor ones grew rich. We question their analysis with regard to both...
Persistent link: https://www.econbiz.de/10013135490
Using the evidence from the Luxembourg Wealth Study it appears that the distribution of wealth in the UK is considerably less than in Canada, the US or Sweden. But does this result come from an underestimate of inequality among the wealthy and of the wealth differential between the rich and the...
Persistent link: https://www.econbiz.de/10013119964
We show how classic source-decomposition and subgroup-decomposition methods can be reconciled with regression methodology used in the recent literature. We also highlight some pitfalls that arise from uncritical use of the regression approach. The LIS database is used to compare the approaches...
Persistent link: https://www.econbiz.de/10013159968
Persistent link: https://www.econbiz.de/10013159973
This paper examines changes in earnings inequality and mobility between 1978/9 and 2005/6 using a unique dataset that includes both those with secure patterns of employment and a wider group who experience periods without earnings. It finds significant increases in annual earnings inequality for...
Persistent link: https://www.econbiz.de/10013159980