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Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries
Fuchs-Schuendeln, Nicola; Krueger, Dirk; Sommer, Mathias - National Bureau of Economic Research (NBER) - 2009
In this paper we first document inequality trends in wages, hours worked, earnings, consumption, and wealth for Germany … from the last twenty years. We generally find that inequality was relatively stable in West Germany until the German …, especially after about 1998. Disposable income and consumption, on the other hand, display only a modest increase in inequality …
Persistent link: https://www.econbiz.de/10005025631
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Unequal We Stand: An Empirical Analysis of Economic Inequality in the United States, 1967-2006
Heathcote, Jonathan; Perri, Fabrizio; Violante, Giovanni L. - National Bureau of Economic Research (NBER) - 2009
We conduct a systematic empirical study of cross-sectional inequality in the United States, integrating data from the … Finances. In order to understand how different dimensions of inequality are related via choices, markets, and institutions, we … earnings, to disposable income, and, ultimately, to consumption and wealth. We document a continuous and sizable increase in …
Persistent link: https://www.econbiz.de/10008614636
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The Increase in Income Cyclicality of High-Income Households and its Relation to the Rise in Top Income Shares
Parker, Jonathan A.; Vissing-Jorgensen, Annette - National Bureau of Economic Research (NBER) - 2010
We document a large increase in the cyclicality of the incomes of high-income households, coinciding with the rise in their share of aggregate income. In the U.S., since top income shares began to rise rapidly in the early 1980s, incomes of those in the top 1 percent of the income distribution...
Persistent link: https://www.econbiz.de/10008756449
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Insurance in extended family networks
Attanasio, Orazio; Meghir, Costas; Mommaerts, Corina - National Bureau of Economic Research (NBER) - 2015
We investigate partial insurance and group risk sharing in extended family networks. Our approach is based on decomposing income shocks into group aggregate and idiosyncratic components, allowing us to measure the extent to which each is insured, having accounted for public insurance programs....
Persistent link: https://www.econbiz.de/10011240581
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The Idea of Antipoverty Policy
Ravallion, Martin - National Bureau of Economic Research (NBER) - 2013
How did we come to think that eliminating poverty is a legitimate goal for public policy? What types of policies have emerged in the hope of attaining that goal? The last 200 years have witnessed a dramatic change in thinking about poverty. Mainstream economic thinking in the 18th century held...
Persistent link: https://www.econbiz.de/10010951259
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Trevor Swan And The Neoclassical Growth Model
Spencer, Barbara; Dimand, Robert W. - National Bureau of Economic Research (NBER) - 2008
Trevor Swan independently developed the neoclassical growth model. Swan (1956) was published ten months later than Solow (1956), but included a more complete analysis of technical progress, which Solow treated separately in Solow (1957). Reference is sometimes made to the "Solow-Swan growth...
Persistent link: https://www.econbiz.de/10005828782
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The Impact of the Asian Miracle on the Theory of Economic Growth
Fogel, Robert W. - National Bureau of Economic Research (NBER) - 2009
theorists, including Simon Kuznets and T.W. Schultz, who sought to define social, political, demographic, religious, and …
Persistent link: https://www.econbiz.de/10004999994
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A Cautionary Note on Using Industry Affiliation to Predict Income
Pischke, Jorn-Steffen; Schwandt, Hannes - National Bureau of Economic Research (NBER) - 2012
Many literatures investigate the causal impact of income on economic outcomes, for example in the context of intergenerational transmission or well-being and health. Some studies have proposed to use employer wage differentials and in particular industry affiliation as an instrument for income....
Persistent link: https://www.econbiz.de/10010969398
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Housing Collateral, Credit Constraints and Entrepreneurship - Evidence from a Mortgage Reform
Jensen, Thais Lærkholm; Leth-Petersen, Søren; Nanda, … - National Bureau of Economic Research (NBER) - 2014
individual-level micro data from Denmark. The reform allows us to disentangle the role of credit access from wealth effects that …
Persistent link: https://www.econbiz.de/10010969457
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Left, Right, Left: Income, Learning and Political Dynamics
Morrow, John; Carter, Michael - National Bureau of Economic Research (NBER) - 2013
The political left turn in Latin America, which lagged its transition to liberalized market economies by a decade or more, challenges conventional economic explanations of voting behavior. This paper generalizes the forward-looking voter model to a broad range of dynamic, non-concave income...
Persistent link: https://www.econbiz.de/10010950705