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Individuals vary considerably in how much they earn during their lifetimes. This study examines the role of the tax-and-transfer system in mitigating such inequalities, which could otherwise lead to disparities in living standards. Utilizing a life-cycle model, we determine that taxes and...
Persistent link: https://www.econbiz.de/10014419242
redistribution decisions at the end of that period, in an environment where we keep fixed the sum of incomes over the period. First … effect of income inequality on redistribution decisions, we delve into the history behind one's income to isolate the effect …
Persistent link: https://www.econbiz.de/10012814519
carbon emission reduction than redistribution (inequality reduction by transfers). However, those countries who contribute …-distribution decreases or does not affect the carbon emissions of the biggest global polluters. Redistribution, on the other hand, exhibits …
Persistent link: https://www.econbiz.de/10014556641
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
,600 estimated Gini coefficient, we review the measurement of income inequality in Latin America and the Caribbean over the last …
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 … balance against the economic explanation, which predicts more rather than less income redistribution in the United States … (which also characterize Switzerland) to redistribution; yet the Swiss share of transfers in the GDP is low. Behavioral …
Persistent link: https://www.econbiz.de/10003894063
The question of whether changes in income inequality affect CO2 emissions remains a topic of debate at both theoretical and empirical levels. The purpose of this paper is to examine the effect of changes in the full spectre of income distribution on consumptionbased CO2 emissions per capita. To...
Persistent link: https://www.econbiz.de/10014516556
Persistent link: https://www.econbiz.de/10012212110
The Gini coefficient of labor earnings in Brazil fell by nearly a fifth between 1995 and 2012, from 0.50 to 0.41. The …
Persistent link: https://www.econbiz.de/10011661672
redistribution kept the gap in disposable income between those same households roughly constant, while also closing the gap between …
Persistent link: https://www.econbiz.de/10013167640