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In seeking to understand inequality today, a great deal can be learned from history. However, there are few countries … for which the long-run development of income inequality has been charted. Many countries have records of incomes, taxes … and social support. This paper presents a new methodology constructing income inequality indices from such data. The …
Persistent link: https://www.econbiz.de/10011653302
Do market-orientated economies with relatively large cross-sectional levels of inequality have higher income mobility … and therefore less permanent inequality? To answer this question, we introduce a formal representation of income mobility …
Persistent link: https://www.econbiz.de/10011968539
This paper is published as Chapter 7 of Handbook of Microsimulation Modelling edited by Cathal O''Donoghue, and issued in the series Contributions to Economic Analysis by Emerald Publishing Group. The purpose of the paper is to provide a detailed discussion in relation to the development of the...
Persistent link: https://www.econbiz.de/10011968577
In seeking to understand inequality today, a great deal can be learned from history. However, there are few countries … for which the long-run development of income inequality has been charted. Many countries have records of incomes, taxes … and social support. This paper presents a new methodology constructing income inequality indices from such tabular data …
Persistent link: https://www.econbiz.de/10011968617
In seeking to understand inequality today, a great deal can be learned from history. However, there are few countries … for which the long-run development of income inequality has been charted. Many countries have records of incomes, taxes … and social support. This paper presents a new methodology constructing income inequality indices from such data. The …
Persistent link: https://www.econbiz.de/10011613158
Do market-orientated economies with relatively large cross-sectional levels of inequality have higher income mobility … and therefore less permanent inequality? To answer this question, we introduce a formal representation of income mobility …
Persistent link: https://www.econbiz.de/10010817196
and childcare on estimates of income inequality and financial poverty in 23 European countries. The valuation of public … scale). Even though the ranking of countries by estimates of overall inequality and poverty proves to be only slightly …
Persistent link: https://www.econbiz.de/10011968516
and childcare on estimates of income inequality and financial poverty in 23 European countries. The valuation of public … scale). Even though the ranking of countries by estimates of overall inequality and poverty proves to be only slightly …
Persistent link: https://www.econbiz.de/10010817209
We propose a general framework to unambiguously compare distributions functions in an economically interpretable way. Our framework provides complete ranking of any set of distributions and money metric interpretation of the social welfare level of a dominating distribution as compared to a...
Persistent link: https://www.econbiz.de/10011335590
When is one distribution (of income, consumption, or some other economic variable) more equal or better than another? This question has proven difficult to answer in situations where distribution functions intersect and no unambiguous ranking can be attained without introducing weaker criteria...
Persistent link: https://www.econbiz.de/10010329031