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Housing Inequality
Albouy, David - 2016
Inequality in U.S. housing prices and rents both declined in the mid-20th century, even as home-ownership rates rose. Subsequently, housing-price inequality has risen to pre-War levels, while rent inequality has risen less. Combining both measures, we see inequality in housing consumption...
Persistent link: https://www.econbiz.de/10013000510
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Why Has Regional Income Convergence in the U.S. Declined?
Ganong, Peter - 2019
The past thirty years have seen a dramatic decline in the rate of income convergence across states and in population flows to high-income places. These changes coincide with a disproportionate increase in housing prices in high-income places, a divergence in the skill-specific returns to moving...
Persistent link: https://www.econbiz.de/10012901489
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Income Growth and the Distributional Effects of Urban Spatial Sorting
Couture, Victor - 2019
We explore the impact of rising incomes at the top of the distribution on spatial sorting patterns within large U.S. cities. We develop and quantify a spatial model of a city with heterogeneous agents and non-homothetic preferences for neighborhoods with endogenous amenity quality. As the rich...
Persistent link: https://www.econbiz.de/10012864806
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Your Place in the World : The Demand for National and Global Redistribution
Fehr, Dietmar - 2019
Some of today's most heated policy debates about Brexit, trade wars, climate change abatement, and migration involve redistribution of resources within a given country (national redistribution) and between countries (global redistribution). Nevertheless, theories and evidence on preferences for...
Persistent link: https://www.econbiz.de/10012857817
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Tax Cuts for Whom? Heterogeneous Effects of Income Tax Changes on Growth and Employment
Zidar, Owen M. - 2015
This paper investigates how tax changes for different income groups affect aggregate economic activity. I construct a measure of who received (or paid for) tax changes in the postwar period using tax return data from NBER's TAXSIM. I aggregate each tax change by income group and state. Variation...
Persistent link: https://www.econbiz.de/10013025787
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Height and Per Capita Income
Steckel, Richard H. - 2021
As an aid to interpreting the results of height-by-age studies this paper investigates the relationship between average height and per capita income. The relationships among income, nutrition, medical care, and height at the individual level suggest that average height is nonlinearly related to...
Persistent link: https://www.econbiz.de/10013225976
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Price Level Convergence Among United States Cities : Lessons for the European Central Bank
Cecchetti, Stephen G.; Mark, Nelson C.; Sonora, Robert J. - 2021
We study the dynamics of price indices for major U.S. cities using panel econometric methods and find that relative price levels among cities mean revert at an exceptionally slow rate. In a panel of 19 cities from 1918 to 1995, we estimate the half-life of convergence to be approximately nine...
Persistent link: https://www.econbiz.de/10013221841
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"And Yet it Moves" : Intergenerational Mobility in Italy
Acciari, Paolo - 2019
We link tax returns across two generations to provide the first estimate of intergenerational mobility in Italy based … on administrative income data. Italy emerges as less immobile than previously depicted by studies using proxies for …. Provinces in Northern Italy, the richest area of the country, display levels three times as large as those in the South. This …
Persistent link: https://www.econbiz.de/10012889047
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Redistribution Through Public Employment : The Case of Italy
Alesina, Alberto F.; Danninger, Stephan; Rostagno, Massimo - 2021
This paper examines the regional distribution of public employment in Italy. It documents two sets of facts. This first … the wage bill in the South of Italy can be identified as a subsidy. Both the size of public employment and the level of …
Persistent link: https://www.econbiz.de/10013242899
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Does Less Income Mean Less Representation?
Brunner, Eric J. - 2011
We assemble a novel dataset of matched legislative and constituent votes and demonstrate that less income does not mean less representation. We show 1) The opinions of high and low income voters are highly correlated; the legislator's vote often reflects the desire of both. 2) What differences in...
Persistent link: https://www.econbiz.de/10013129121