Showing 1 - 10 of 8,506
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/10012463591
easy-to-use toolbox. Our method extends standard linearization techniques and is designed to work in cases when inequality … factor-specific productivity shocks shape dynamics of income and consumption inequality …
Persistent link: https://www.econbiz.de/10012455187
This paper notes a potential problem in the method of Blinder and Oaxaca the most popular method in the literature for decomposing the mean difference between groups of a given variable into the portion attributable to differences in the distribution of some explanatory variables and differences...
Persistent link: https://www.econbiz.de/10012470252
Data on consumption inequality are too fragile to reach firm conclusions. We introduce two new issues, disparities in …This paper provides a comprehensive survey of seven aspects of rising inequality that are usually discussed separately …: changes in labor's share of income; inequality at the bottom of the income distribution, including labor mobility; skill …
Persistent link: https://www.econbiz.de/10012464664
Life is replete with instances where two closely related parties forego mutually advantageous opportunities: peace treaties are not signed, inefficient regulations are not altered, and possibilities for investment are frittered away. Since the parties are in close contact, asymmetric information...
Persistent link: https://www.econbiz.de/10012473471
This article reviews the recent literature on the dynamics of global wealth inequality. I first reconcile available … estimates of wealth inequality in the United States. Both surveys and tax data show that wealth inequality has increased … growing literature on wealth inequality across the world. Evidence points towards a rise in global wealth concentration: for …
Persistent link: https://www.econbiz.de/10012479418
We study trends in income inequality across U.S. states and counties 1960-2019 using a mix of administrative and survey …
Persistent link: https://www.econbiz.de/10012482603
cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After … inequality, over the last three decades. While the trend in the skill premium differed widely across countries, the experience … premium rose and the gender premium fell virtually everywhere. At a higher frequency, earnings inequality appears to be …
Persistent link: https://www.econbiz.de/10012463095
believe that Latin America has always had very high levels of inequality, suggesting it will be hard for modern social policy … this must always have been true. Indeed, some have argued that high inequality appeared very early in the post … performance we observe there even today. This paper argues to the contrary. Compared with the rest of the world, inequality was …
Persistent link: https://www.econbiz.de/10012463345
believe that Latin America has always had very high levels of inequality, suggesting it will be hard for modern social policy … this must always have been true. Indeed, some have argued that high inequality appeared very early in the post … performance we observe there even today. This paper argues to the contrary. Compared with the rest of the world, inequality was …
Persistent link: https://www.econbiz.de/10012463881