We use top income data and the newly developed regime switching Gaussian mixture vector autoregressive model to explain the dynamics of income inequality in developed economies within the last 100 years. Our results indicate that the process of income inequality consists of two equilibriums...

The paper examines sensitivity influences on the German personal income distribution in a time-series perspective as well as in a methodically broad manner. The author discusses the following issues: (1) For the first time, (reference) income-dependent, so-called variable equivalence scales are...

We propose a new and integrated approach to the measurement of inequality in income distribution, poverty, and richness. The proposed broad set of indicators is neutral and easy to calculate. The method allows a specific interpretation of the results, a decomposition according to households’...

In the paper, a combined approach is used to test for inequality differences of several well-being categories for a number of groups of persons. Hereby, total inequality is decomposed into within- and into between-group/category inequality (via a normalised coefficient of variation as the used...

This paper is concerned with the interplay between demography and macroeconomics on one hand and macroeconomics and income inequality on the other hand. For this purpose, several estimation equations are derived by econometric methods (on the empirical basis of the 1984-2010 German...

Based on data from the German Socio-Economic Panel (SOEP), both income inequality and poverty are considered for Germany in front of and during the economic crisis 2008-2010. This comprises binary logistic regressions where it is tested whether a person is belonging to a certain income region or...

We estimate structural quantile treatment effects to analyze the relationship between household income and sorting into private or public education, using Italian data. Public education provision is redistributive when rich families, who contribute to its financing, find it optimal to sort out...

In this paper, following the literature on well-being, we propose an aggregate measure of employment deprivation among households that is increasing in the incidence of household unemployment (how many households are touched by the lack of employment of any of its members), its intensity (how...

We establish the conditions under which a close functional relationship between objective and subjective inequality measures can be derived. These conditions are satisfied by many of the most important models for the distribution of income that have been proposed in the literature. We illustrate...

This paper aims to explore properties that guarantee that multidimensional poverty indices are sensitive to the distribution among the poor, one of the basic features of a poverty index. We introduce a generalization of the monotonicity sensitivity axiom which demands that, in the...