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We use a controlled laboratory experiment to study the causal impact of income decreases within a time period on redistribution decisions at the end of that period, in an environment where we keep fixed the sum of incomes over the period. First, we investigate the effect of a negative income...
Persistent link: https://www.econbiz.de/10012814519
The level and composition of public expenditures and revenues both have implications for economic development, as shown by the 'fiscal multiplier' and the 'quality of public finance' literature. Public finance decisions also influence the distribution of income. Based on a review of the...
Persistent link: https://www.econbiz.de/10012302041
GDP contractions are typically associated with within-country income inequality increases. While official income inequality data for 2020 will not be available for about two years, the already available employment data for 2020 shows that the difference between highly-educated and low-educated...
Persistent link: https://www.econbiz.de/10012507140
Drawing on a comprehensive compilation of quantile shares and inequality measures for 34 countries, including over 5,600 estimated Gini coefficient, we review the measurement of income inequality in Latin America and the Caribbean over the last seven decades. Although the evidence from the first...
Persistent link: https://www.econbiz.de/10014550818
In this paper, the amount of income redistribution in the United States, the European Union, and Switzerland is compared and empirically related to economic, political, and behavioral determinants elaborated in the literature. Lying in between the two poles, Switzerland provides unique evidence...
Persistent link: https://www.econbiz.de/10003894063
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
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
This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions in the computation of the Social Cost of Carbon. Our approach nests a standard efficiency based Social Cost of Carbon estimate and an equity weighted Social Cost of Carbon...
Persistent link: https://www.econbiz.de/10011547505
This paper argues that the assumption of a homogeneous workforce, which is implicitly invoked in the decomposition analysis of changes in welfare indicators, hides the role that schooling and its returns may have on the understanding of these changes. Using Peruvian cross-sectional data for a...
Persistent link: https://www.econbiz.de/10011457826
We provide a method to estimate resource shares - the fraction of total household expenditure allocated to each household member - using OLS estimation of Engel curves. The method is a linear reframing of the nonlinear model of Dunbar, Lewbel and Pendakur (2013), extended to allow single-parent...
Persistent link: https://www.econbiz.de/10012583605