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This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a multidimensional setting by considering the joint...
Persistent link: https://www.econbiz.de/10010459794
This paper provides the first empirical evidence of the distributional effects of subsidies for the purchase of alternative vehicles based on an extended version of Hausman's exact consumer surplus. Consistently with economic theory, we estimate changes in household welfare, inequality and...
Persistent link: https://www.econbiz.de/10011574891
This paper investigates the functioning of regional labour markets in Italy and Germany for different employee groups … the West and East of Germany, we first derive theoretical hypotheses on group specific correlations between regional … Italy. In the case of Germany, results are quite sensitive to the model specification and the employee group considered. In …
Persistent link: https://www.econbiz.de/10003435419
Less than half of the people with migration background living in Germany possess foreign citizenship. Hence, using … Germany lead to better earnings prospects compared to degrees obtained abroad for persons with migration background …. Independently of gender and skill level, the estimates affirm higher earnings to educational attainment in Germany. …
Persistent link: https://www.econbiz.de/10003527626
This paper compares trends in wage inequality in the U.S. and Germany using an approach developed by MaCurdy and Mroz ….S. and Germany but there were various country specific aspects of this increase. For the U.S., we find faster wage growth … Germany. Moreover, we see a large role played by cohort effects in Germany, while we find only small cohort effects in the U …
Persistent link: https://www.econbiz.de/10003946254
distribution of income in Germany. We simulate stepwise increases in the value-added tax (VAT) rate, which are compensated by …
Persistent link: https://www.econbiz.de/10011286036
We argue that in labor markets with central wage bargaining wage flexibility varies systematically across the wage distribution: local wage flexibility is more relevant for the upper part of the wage distribution, and flexibility of wages negotiated under central wage bargaining affects the...
Persistent link: https://www.econbiz.de/10011442286
We analyze the potential influence of a number of factors on the distribution of equivalized net incomes in Germany …
Persistent link: https://www.econbiz.de/10011574887
This study revisits the increase in wage inequality in Germany. Accounting for changes in various sets of observables …
Persistent link: https://www.econbiz.de/10011745038
This paper presents estimates of the unification bonus for East Germans over the period 1991 to 1998. The unification bonus is defined as the discounted value of the difference between a person's actual income and his or her counterfactual real income stream forecast for a hypothetical...
Persistent link: https://www.econbiz.de/10011446171