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We study the relationships, for the case of Germany, between inequality in the annual earnings distribution, and subannual inequality and mobility during the course of the year. The study builds on an exact decomposition framework outlined in Wodon and Yitzhaki (2003), and in Yitzhaki and Wodon...
Persistent link: https://www.econbiz.de/10013100213
Two conversion schemes may be employed for assessing income inequality from household equivalent incomes: to weight household units by size or by needs. Using data from the Luxembourg Income Study, we show the sensitivity of country inequality rankings to conversion schemes and explain the...
Persistent link: https://www.econbiz.de/10010309600
Income-expenditure surveys typically provide incomes on the household level. As households can differ in size and needs, a reliable assessment of inequality in living standards, therefore, necessitates the conversion of the original heterogeneous into an artificial quasi-homogeneous population....
Persistent link: https://www.econbiz.de/10010296295
Modern macroeconomics empirically addresses economy-wide incentives behind economic actions by using insights from the way a single representative household would behave. This analytical approach requires that incentives of the poor and the rich are strictly aligned. In empirical analysis a...
Persistent link: https://www.econbiz.de/10010298407
Two conversion schemes are usually employed for assessing personal-income inequality from household equivalent incomes: to weight household units by size or by needs. Using data from the Luxembourg Income Study, the authors show the sensitivity of country inequality rankings to conversion...
Persistent link: https://www.econbiz.de/10010307821
Most simulated micro-founded macro models use solely consumer-demand aggregates in order to estimate deep economy-wide preference parameters, which are useful for policy evaluation. The underlying demand-aggregation properties that this approach requires, should be easy to empirically disprove:...
Persistent link: https://www.econbiz.de/10010421122
According to calculations based on the Socio-Economic Panel (SOEP) study, average disposable household income rose by five percent in real terms between 2000 and 2012. Only the highest earners have benefited from this development. While real income in the top ten percent rose by more than 15...
Persistent link: https://www.econbiz.de/10011282446
Das durchschnittliche reale verfügbare Haushaltseinkommen ist nach Berechnungen auf Basis des Sozio-oekonomischen Panels (SOEP) von 2000 bis 2012 um fünf Prozent gestiegen. Von dieser Entwicklung profitieren aber nur die oberen Einkommensgruppen. Während die realen Einkommen der obersten zehn...
Persistent link: https://www.econbiz.de/10011282450
According to calculations based on the Socio-Economic Panel (SOEP) study, the proportion of middle-income group in Germany fell by six percentage points from 1991 to 2013, taking it to 54 percent. Germany is not the only country to have experienced such a downturn, however. Analyses of the...
Persistent link: https://www.econbiz.de/10011461744
Die Gruppe der Bezieher eines mittleren Einkommens ist in Deutschland von 1991 bis 2013 um sechs Prozentpunkte auf 54 Prozent zurückgegangen. Das zeigen Berechnungen auf Basis des Sozio-oekonomischen Panels (SOEP). Damit steht Deutschland nicht allein, denn vergleichbare Analysen für die USA...
Persistent link: https://www.econbiz.de/10011461747