Showing 1 - 10 of 77
When measuring income inequality over long periods of time, accounting for population and productivity growth is … income growth than the standard measure. We apply these measures to long-term income data from the United States and find … that the U-shaped inequality trend over the past century holds up, but with important qualifications. Using measures that …
Persistent link: https://www.econbiz.de/10011957201
Persistent link: https://www.econbiz.de/10013271869
When measuring income inequality over long periods of time, accounting for population and productivity growth is … income growth than the standard measure. We apply these measures to long-term income data from the United States and find … that the U-shaped inequality trend over the past century holds up, but with important qualifications. Using measures that …
Persistent link: https://www.econbiz.de/10011939792
Previous estimates of unfair inequality of opportunity (IOp) are only lower bounds because of the unobservability of …
Persistent link: https://www.econbiz.de/10009274353
. Thereby, distributional effects shall be differentiated by four subconcepts, i.e. 1.) the traditional concept of inequality, 2 … poverty and richness. The concept of inequality and the concept of income poverty are the by far most widely applied concepts …
Persistent link: https://www.econbiz.de/10010297011
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/10011307359
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method allowing us to … inequality by increasing the income share of the top 20% in contrast to the middle class' share. The tax policy effect accounts … for up to 29% of the total change in inequality; its contribution increases up to 41% if we take into account behavioral …
Persistent link: https://www.econbiz.de/10010329226
policies are able to effectively reduce income inequality. We contribute to this research question by using different country …-level data sources to study inequality trends in OECD countries since 1980. We first investigate the development of inequality … over time before analyzing the question of whether governments can effectively reduce inequality. Different identification …
Persistent link: https://www.econbiz.de/10010331367
biased estimates of inequality of opportunity. These shortcomings are particularly pronounced for emerging economies in which … bounds of inequality of opportunity for a set of emerging economies. Thereby, we address recent critiques that worry about … the prevalence of lower bound estimates and the ensuing scope for downplaying the normative significance of inequality. …
Persistent link: https://www.econbiz.de/10012019143
debate by proposing a new family of measures of unfair inequality. To do so, we acknowledge that inequality is not bad per se … fairness principles, namely equality of opportunity and freedom from poverty, into a joint measure of unfair inequality. Two … empirical applications provide important new insights on the development of unfair inequality both over time (in the US) and …
Persistent link: https://www.econbiz.de/10011887379