Showing 1 - 10 of 11
We quantify the contribution of rental income to pre- and post-government equivalent household income inequality and of …, housing ownership and rental income particularly increased in large municipalities and urban areas; that rental income … explains an increasing share of income inequality; and that the wealth inequality contribution of primary residence has …
Persistent link: https://www.econbiz.de/10014459461
This paper explores disparities between White, Black, and Hispanic families using a measure of lifetime earnings developed by Jacobs et al. (2022) for the Survey of Consumer Finances (SCF). Lifetime earnings are a particularly important measure of well-being, with relevance for wealth...
Persistent link: https://www.econbiz.de/10014480403
Using data from the Survey of Consumer Finances, this paper updates and extends previous research on the racial wealth gap in the United States. We explore several hypotheses that help explain differential wealth accumulation by racial groups, including the importance of receiving inheritances...
Persistent link: https://www.econbiz.de/10012388949
In this paper, we present updated measures of racial disparities in wealth using the most recent data from the Survey of Consumer Finances (SCF), augmented by household-level estimates of defined benefit (DB) pension wealth developed by Sabelhaus and Volz (2020). Including this important asset,...
Persistent link: https://www.econbiz.de/10014304774
We apply a standard tax-and-benefit-incidence analysis to estimate the impact on inequality and poverty of direct taxes, indirect taxes and subsidies, and social spending (cash and food transfers and in-kind transfers in education and health). The extent of inequality reduction induced by direct...
Persistent link: https://www.econbiz.de/10010610689
middle class either. We define them as the vulnerable “strugglers”, people living in households with daily income per capita … about a third of the total population. We argue that in many upper-middle income countries of the region, the strugglers …
Persistent link: https://www.econbiz.de/10010729170
We argue that survey-based median household consumption expenditure (or income) per capita be incorporated into … country. Using household survey data available for low- and middle-income countries from the World Bank’s PovcalNet tool, we … show that as a measure of income-related well-being, it is far superior to the commonly used GDP per capita as well as …
Persistent link: https://www.econbiz.de/10010737589
distribution of income or consumption from each of 942 surveys spanning 127 countries over the period 1977 to 2012. This short note …
Persistent link: https://www.econbiz.de/10010783615
transfers, targeted housing and heating subsidies, public spending on education and health, and personal income, payroll …, corporate income, property, and expenditure taxes. In both countries, primary spending is close to 40 percent of GDP. The US … achieves higher redistribution through direct taxes and transfers, primarily due to underutilization of the personal income tax …
Persistent link: https://www.econbiz.de/10010783622
We characterize the salient features of the distribution of earnings and earnings changes of formal workers in Mexico using social security records for the period 2005-2019. We find strong evidence of deviations from normality of these distributions. Comparing the results obtained with...
Persistent link: https://www.econbiz.de/10014319979