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Excess savings and twin deficits : the transmission of fiscal stimulus in open economies
Aggarwal, Rishabh; Auclert, Adrien; Rognlie, Matthew; … - 2022
Persistent link: https://www.econbiz.de/10013271317
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Economic well-being, social mobility, and preferences for income redistribution : evidence from a discrete choice experiment
Neustadt, Ilja; Zweifel, Peter - 2010 - Revised version
In this paper, preferences for income redistribution in Switzerland are elicited through a Discrete Choice Experiment (DCE) performed in 2008. In addition to the amount of redistribution as a share of GDP, attributes also included its uses (working poor, the unemployed, old-age pensioners,...
Persistent link: https://www.econbiz.de/10003900781
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Do religious beliefs explain preferences for income redistribution? : experimental evidence
Neustadt, Ilja - 2010
Due to the mixed empirical evidence bearing on the economic determinants, beliefs have been at the center of attention of research into preferences for income redistribution. We elicit preferences for income redistribution through a Discrete Choice Experiment performed in 2008 in Switzerland and...
Persistent link: https://www.econbiz.de/10008695996
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Why don't we tax the rich? : inequality, legislative malapportionment, and personal income taxation around the world
Ardanaz, Martín; Scartascini, Carlos G. - 2011
1990 and 2007, this paper finds that i) countries with historically more unequal distributions of wealth and income …
Persistent link: https://www.econbiz.de/10010217591
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Monetary policy and wealth inequality over the great recession in the UK : an empirical analysis
Mumtaz, Haroon; Theophilopoulou, Angeliki - 2019
We use detailed micro information at household level from the Wealth and Assets Survey to construct measures of wealth … evolution of wealth inequality measures. Our findings suggest that expansionary monetary policy shocks lead to an increase in … wealth inequality and contributed significantly to its fluctuations. This effect is heterogenous across the wealth …
Persistent link: https://www.econbiz.de/10012120339
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Wealth inequality in Brazil
Bhering, Davi; Castro, Fábio Avila de - 2023
Persistent link: https://www.econbiz.de/10014322045
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Filling the gap : open economy considerations for more reliable potential output estimates
Darvas, Zsolt M.; Simon, András - 2015
This paper argues that the Phillips curve relationship is not sufficient to trace back the output gap, because the effect of excess demand is not symmetric across tradeable and non-tradeable sectors. In the non-tradeable sector, excess demand creates excess employment and inflation via the...
Persistent link: https://www.econbiz.de/10011350659
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Simulating WTP values from random-coefficient models
Rischatsch, Maurus - 2009
Discrete Choice Experiments (DCEs) designed to estimate willingness-to-pay (WTP) values are very popular in health economics. With increased computation power and advanced simulation techniques, random-coefficient models have gained an increasing importance in applied work as they allow for...
Persistent link: https://www.econbiz.de/10003900948
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Why the linear utility function is a risky choice in discrete-choice experiments
Sennhauser, Michèle - 2010
This article assesses how the form of the utility function in discrete-choice experiments (DCEs) affects estimates of willingness-to-pay (WTP). The utility function is usually assumed to be linear in its attributes. Non-linearities, in the guise of interactions and higher-order terms, are...
Persistent link: https://www.econbiz.de/10008702182
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A causal interpretation of extensive and intensive margin effects in generalized tobit models
Staub, Kevin E. - 2010
The usual decomposition of effects in corner solution models into extensive and intensive margins is generally incompatible with a causal interpretation. This paper proposes a decomposition based on the joint distribution of potential outcomes which is meaningful in a causal sense. The...
Persistent link: https://www.econbiz.de/10008702291