Showing 1 - 10 of 168
How does income inequality impact the propensity for and levels of formal and informal household debt? This paper assesses this question using the two most recent waves of the South African Living Conditions Survey. A range of linear models as well as a zero-inflated Poisson model are employed,...
Persistent link: https://www.econbiz.de/10014234441
and mapping indicators of horizontal wealth inequality along geographic regions and ethnolinguistic identities. Using … average household wealth indicators, there is a strong suggestion of increasing group inequalities between 1997 and 2017 …, the differences in average wealth between groups, if perceived, may feed grievances. They should be better understood so …
Persistent link: https://www.econbiz.de/10012550308
We examine the heterogeneous and dynamic impact of China’s New Rural Pension Scheme on intergenerational wealth … observed individual heterogeneity. Overall, we find that the pension scheme smooths wealth dependence between generations in … the wealth portfolio. Complementary policy interventions, particularly for the poor across generations, would be needed to …
Persistent link: https://www.econbiz.de/10011776293
This paper is the first to compare global trends in income and wealth inequality this century. It is based on large … income and wealth microdata samples designed to be representative of all countries in the world. Measured by the Gini … one half - of wealth inequality. Broadly similar results are found for different years and different inequality indices …
Persistent link: https://www.econbiz.de/10011947029
education and wealth increasing or decreasing in the 20-year interval between 1991 and 2010?'. Horizontal inequality in … other sub-national regions. However, Tanzanian society is becoming more unequal in wealth with rising wealth inequality …
Persistent link: https://www.econbiz.de/10011554634
individuals' fairness perceptions regarding wealth inequality. It begins from the premise that prominent measures of inequality …'s contribution highlights the importance of 'intuitive' measures of political matters such as wealth inequality. It further indicates …
Persistent link: https://www.econbiz.de/10014314736
This paper examines the relationship between monetary policy and wealth inequality in South Africa. We employed a …- and random-effects panel model estimates show that monetary policy generally increases wealth Gini inequality while it … decreases the wealth 90-10 percentile differential. Increasing asset prices and gross domestic product per capita generally …
Persistent link: https://www.econbiz.de/10012405563
This paper explores the effect of party system institutionalization on the reliance of tax systems on the personal income tax. As a first step, the paper re-examines the relationship between party system institutionalization and taxation patterns employing the recently launched Government...
Persistent link: https://www.econbiz.de/10011597079
This paper estimates the distribution of personal wealth in South Africa by combining tax microdata, household surveys …, and macroeconomic balance sheet statistics. We systematically compare estimates of the wealth distribution obtained by … direct measurement of net worth, rescaling of reported wealth to balance sheet totals, and capitalization of income flows. We …
Persistent link: https://www.econbiz.de/10012198851
Davies et al. (2008, 2011) provided the first estimates of the global distribution of wealth, using 2000 as the … learned about trends in the level and distribution of global wealth for the period 2000-14. Finally, the paper discusses the …
Persistent link: https://www.econbiz.de/10011431792