Showing 1 - 10 of 200
While inequality of opportunity (IOp) in earnings is well studied, the literature on IOp in individual net wealth is … and for a detailed decomposition of net wealth inequality into a variety of circumstances; among them childhood background … that about 62% of the inequality in net wealth is due to circumstances. The most important circumstances are …
Persistent link: https://www.econbiz.de/10014374802
.6 percentage points in Switzerland. The response of non-housing consumption in Switzerland is less heterogeneous across renters and …
Persistent link: https://www.econbiz.de/10011962191
Welfare states redistribute both between individuals reducing annual inequality and over the life-cycle insuring … 1984 to 2009, long-term inequality over a 20-year period is computed and then decomposed into an inter- and intra …-individual component. Results show that annual inequality is higher than long-term inequality, but redistribution is also larger annually …
Persistent link: https://www.econbiz.de/10011601061
Redistribution across individuals in a one-year-period framework is an empirically intensely studied question. However, a substantial share of annual redistribution might turn out to serve individual insurance in a longer perspective. In particular, public pensions, that smooth incomes over the...
Persistent link: https://www.econbiz.de/10011912135
Welfare states redistribute both between individuals reducing annual inequality and over the life-cycle insuring … 1984 to 2009, long-term inequality over a 20-year period is computed and then decomposed into an inter- and intra …-individual component. Results show that annual inequality is higher than long-term inequality, but redistribution is also larger annually …
Persistent link: https://www.econbiz.de/10009399838
Differences in individual wealth holdings are widely viewed as a driving force of economic inequality. However, as this … in cross-sections, which eliminates transitory wealth inequality due to age, yet preserves inequality arising from other … yield erroneous wealth inequality rankings of countries. …
Persistent link: https://www.econbiz.de/10011600825
Differences in individual wealth holdings are widely viewed as a driving force of economic inequality. However, as this … in cross-sections, which eliminates transitory wealth inequality due to age, yet preserves inequality arising from other … yield erroneous wealth inequality rankings of countries. …
Persistent link: https://www.econbiz.de/10005017433
This paper investigates physiological responses to perceptions of unfair pay. We use an integrated approach exploiting complementarities between controlled lab and representative panel data. In a simple principal-agent experiment agents produce revenue by working on a tedious task. Principals...
Persistent link: https://www.econbiz.de/10011558641
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...
Persistent link: https://www.econbiz.de/10011601022
Are children better off than their parents? This highly debated question in politics and economics is investigated by analysing the trends in absolute and relative intergenerational labour income mobility for Germany and the US. High quality panel data is used for this purpose; the SOEP for...
Persistent link: https://www.econbiz.de/10011919658