Showing 1 - 10 of 774
We analyze in this paper the impact of different policies on the investment of the families in the education of their children. Families make decisions on the level of human capital of their offsprings regarding the future income that this capital entails (under the assumption that higher...
Persistent link: https://www.econbiz.de/10008472246
In this paper I will analyse the redistribution of income amongst n generations using the Single-mindedness Theory. I will introduce a new expression for the balanced-budget constraint, no longer based on lump- sum transfers as in the traditional literature, but rather on more realistic labour...
Persistent link: https://www.econbiz.de/10005835397
This paper analyzes the relationship between mean income and the income of the rich. Our methodology closely follows that of Dollar and Kraay (2002), but instead of looking at the bottom of the distribution, we analyze the top. We use panel data from the World Top Incomes database, which...
Persistent link: https://www.econbiz.de/10011257836
The paper discusses the ∪-shaped relationship between the equivalence scale n^ε and the Gini index instead of considering the equivalence scale’s relationship to the generalised entropy measures, which was studied by Coulter, et al. (1992). An end-point condition is given for the ∪-shaped...
Persistent link: https://www.econbiz.de/10011259680
This paper explains how to build Lorenz Curves for income distributions and discusses their use for inequality measurement. A short conceptual background, a step-by-step procedure and a simple numerical example illustrate how to calculate and draw Lorenz Curves. A discussion on the use of Lorenz...
Persistent link: https://www.econbiz.de/10008919738
This paper illustrates how Crossing Generalised Lorenz (GL) curves can be used to identify the best income distribution on social welfare grounds within a set of alternative income distributions generated by different policy options. It starts by illustrating two alternative income distributions...
Persistent link: https://www.econbiz.de/10008924809
The traditional concept of a strict minimum of necessary consumption and nontaxable income equal for all taxpayers embedded in most current income-tax systems is the result of a paradox of fiscal egalitarianism. The paper shows that substituting the traditional notion of a strict minimum of...
Persistent link: https://www.econbiz.de/10009251554
It assesses the impact of the expansion of educational levels on the distribution of wages between 1970 and 1984 in Metropolitan Lima in Peru. For this purpose it uses a dynamic decomposition of the second Theil's concentration index using data from household surveys. The results suggest that...
Persistent link: https://www.econbiz.de/10008529203
This paper empirically applies the statistical approaches to the phenomenon of polarization generated by Esteban, et al. (1999) and Gradín (2000) in order to quantify the evolution of the middle class in Mexico and the role of various household attributes in the formation of groups during...
Persistent link: https://www.econbiz.de/10005260257
In this paper I analyse a probabilistic voting model where political candidates choose a direct taxation policy to maximise the probability of winning elections. Society is divided into groups which have di¤erent preferences for consumption of leisure or, in other words, are di¤erently...
Persistent link: https://www.econbiz.de/10005619343