Showing 1 - 10 of 193
This paper focuses on three issues. First, it analyses the increasing inequality of wealth in Sweden in terms of … percentile age and birth cohort differences. Second, it discusses mobility of wealth as a function of age, length of the … transition period, the magnitude of quantile differences, and a time trend. The third theme is the relative importance of …
Persistent link: https://www.econbiz.de/10010321808
multivariate analysis for a variety of potential factors. The literature strongly emphasizes the quantitative importance of these … factors to understand the level and changes of shadow economy. Relatively new available data sources offer the unique … opportunity to shed more light in the understanding of a topic that has received an increased attention. We find strong support …
Persistent link: https://www.econbiz.de/10010294508
This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption … hypotheses are tested for a crosssection of 120 countries and a panel of 70 countries for the period 1994-2002. Our results show … that the shadow economy reduces corruption in high income countries, but increases corruption in low income countries. We …
Persistent link: https://www.econbiz.de/10010294540
international country panel and also within country data. The literature strongly emphasizes the quantitative importance of these … factors to understand the level and changes of shadow economy. However, the limited number of investigations use cross …-sectional country data with a relatively small number of observations, and hardly any paper has investigated tax morale and provides …
Persistent link: https://www.econbiz.de/10010294548
responsible for different types of corruption and mismanagement provided us with a unique data to differentiate between voter …The two major earthquakes which struck northwestern Turkey in 1999, caused enormous amounts of death and destruction …, and exposed rampant government corruption involving construction and zoning code violations, as a factor magnifying the …
Persistent link: https://www.econbiz.de/10010500202
This paper analyses Austrian data on (financial) wealth and income. The main focus lays on the distribution of these … indicators. Using a decomposition procedure of the Gini Index first proposed by Lerman and Yitzhaki (1985), it is possible to … recover the effect of specific forms of investments of assets and of certain sources of income on the overall distribution (in …
Persistent link: https://www.econbiz.de/10013370090
This paper analyzes the role of income distribution in macroeonomic analysis. The study demonstrates that the long …-run equilibrium depends on the initial distribution of income. In accordance with empirical evidence concerning the correlation … between income distribution and output, an economy that is characterized by a relatively equal distribution of wealth is …
Persistent link: https://www.econbiz.de/10010420262
statistical evidences that the movements of aggregate consumption, disposable income, housing wealth and financial wealth are tied … consumer spending. Meanwhile, it is shown that the strength of the linkage between consumption and housing wealth is not … sensitive to different model specifications and various measures of key variables. …
Persistent link: https://www.econbiz.de/10010321586
-class squeeze.' Median wealth grew briskly in the late 1990s. It grew even faster in the aughts, while the inequality of net worth …-aughts; among the middle class, the debt-to-income ratio reached its highest level in 24 years. The concentration of investment … holdings, after stabilizing throughout most of the 1990s, widened in the years between 1998 and 2001, but then narrowed during …
Persistent link: https://www.econbiz.de/10010281726
model in which the two dynamically reinforce each other and set out to test this relationship with a broad array of … institutional measures. We establish double causality between better institutional quality and a more equal distribution of income …
Persistent link: https://www.econbiz.de/10010327109