Narrow search
Showing 1 - 10 of 482
Cover Image
Inequality and household finance during the consumer age
Cynamon, Barry Z.; Fazzari, Steven M. - 2013
One might expect that rising US income inequality would reduce demand growth and create a drag on the economy because … higher-income groups spend a smaller share of income. But during a quarter century of rising inequality, US growth and … inequality could be one explanation for the stagnant recovery in the recession's aftermath. …
Persistent link: https://www.econbiz.de/10010318662
Cover Image
The taxation of trades in assets
Citanna, A.; Polemarchakis, H. M.; Tirelli, M. - 2001
When the asset market is incomplete, there typically exist taxes on trades in assets and a redistribution of revenue in the asset market that are Pareto improving. The policy is anonymous, it economizes on complexity, and it results in ex post Pareto optimal allocations; it is publicly announced...
Persistent link: https://www.econbiz.de/10010318989
Cover Image
Social mobility in Latin America: A review of existing evidence
Azevedo, Viviane; Bouillon, César P. - 2009
This paper reviews evidence on social mobility in Latin America. Several studies have used data sets that collect intergenerational socio economic information. The data, though limited, suggest that social mobility is low in the region, even when compared with low social mobility developed...
Persistent link: https://www.econbiz.de/10010278279
Cover Image
Relative advantage, queue jumping, and welfare maximizing wealth distribution
Coram, Alex; Noakes, Lyle - 2006
have unexpected properties. In some circumstances it requires that inequality be maximized at the poorest and richest ends …
Persistent link: https://www.econbiz.de/10010287838
Cover Image
Predation, Efficiency, and Inequality
Grossman, Herschel I.; Kim, Minseong - 2002
This paper analyzes a general-equilibrium model in which each person can choose to be either a producer or a predator. This model shows how predation breaks the link between the interpersonal distribution of productive resources and the interpersonal distribution of consumption. SpeciÞcally, we...
Persistent link: https://www.econbiz.de/10010420244
Cover Image
Spending responses to state sales tax holidays
Agarwal, Sumit; McGranahan, Leslie - 2012
Every year over 20 states offer sales tax holidays (STHs) on specific items like clothes, shoes and other items to encourage consumption, effecting over 100 million consumers. We use a unique dataset of credit cards transaction to study the spending response to these holidays. Using a...
Persistent link: https://www.econbiz.de/10010292191
Cover Image
The Impact of Price Reductions on Individuals' Choice of Healthy Meals Away from Home
Nordström, Jonas; Thunström, Linda - 2013
Food high in energy but low in nutritional value is an important contributor to several serious illnesses, and one type of food that is particularly high in energy but low in nutrition is food consumed away from home. In this paper, we examine the demand and willingness to pay for healthy,...
Persistent link: https://www.econbiz.de/10013208650
Cover Image
Women in top incomes: Evidence from Sweden 1974-2013
Boschini, Anne; Gunnarsson, Kristin; Roine, Jesper - 2018
Using a large, register-based panel data set we study gender differences in top incomes in Sweden over the period 1974-2013. We find that, while women are still a minority of the top decile group, and make up a smaller share the higher up in the distribution we move, their presence has steadily...
Persistent link: https://www.econbiz.de/10012013510
Cover Image
Did the 2017 tax reform discriminate against blue state voters?
Altig, David; Auerbach, Alan J.; Higgins, Patrick; … - 2019
The Tax Cut and Jobs Act of 2017 (TCJA) made significant changes to corporate and personal federal income taxation, including limiting the SALT (state and local property, income and sales taxes) deductibility to $10,000. States with high SALT tend to vote Democratic. This paper estimates the...
Persistent link: https://www.econbiz.de/10012030289
Cover Image
The Swedish inheritance and gift taxation, 1885-2004
Du Rietz, Gunnar; Henrekson, Magnus; Waldenström, Daniel - 2012
This paper studies the evolution of the modern Swedish inheritance taxation from its introduction in 1885 to its abolishment in 2004. A thorough description is offered of the basic principles of the tax, including underlying ideas and ambitions, tax schedules, and rules concerning valuation of...
Persistent link: https://www.econbiz.de/10010321385