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Our aim is to explore how wages inequalities translate into standard of living inequalities in different European countries. Wage inequalities are measured at the individual level. They can be increased or reduced by two institutions: the household and the tax-benefit system. Standards of living...
Persistent link: https://www.econbiz.de/10010756969
Our aim is to explore how wages inequalities translate into standard of living inequalities in different European countries. Wage inequalities are measured at the individual level. They can be increased or reduced by two institutions: the household and the tax-benefit system. Standards of living...
Persistent link: https://www.econbiz.de/10010764807
increase in poverty associates with higher purchasing power of the poor. Using cross-country data at two points in time on the …
Persistent link: https://www.econbiz.de/10011272722
The cross-country correlation between social trust and income equality is well documented, but few studies examine the direction of causality. We show theoretically that by facilitating cooperation, trust may increase efficiency and lead to more equal outcomes, while the feedback from inequality...
Persistent link: https://www.econbiz.de/10010818514
The cross-country correlation between social trust and income equality is well documented, but few studies examine the direction of causality. We show theoretically that by facilitating cooperation, trust may lead to more equal outcomes, while the feedback from inequality to trust is ambiguous....
Persistent link: https://www.econbiz.de/10011056293