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A simple model of inequality, occupational choice, and development

Ghatak, Maitreesh; Jiang, Neville Nien-Huei - London School of Economics and Political Science - 2001

We analyze a simple and tractable model of occupational choice in the presence of credit marketimperfections. We examine the effect of parameters governing technology and transaction costs, andhistory, in terms of the initial wealth distribution, in determining the long-term wealth...

Persistent link: https://www.econbiz.de/10008911474

Why Praise Inequality? Public Good Provision, IncomeDistribution and Social Welfare

Dasgupta, Indraneel - University <Nottingham> / Department of Economics - 2008

public good is pure, any given, positive level of income inequality can beshown to be socially excessive by suitably … redistribution from the rich tothe poor will improve social welfare, regardless of how small inequality is in the status quo... …

Persistent link: https://www.econbiz.de/10005868577

On Gender Gaps and Self-fulfilling Expectations : Theory, Policies and Some Empirical Evidence

Rica, Sara de la; Dolado, Juan José; … - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2008

This paper considers a simple model of self-fulfilling expectations that leads to a multiple equilibrium of gender gaps in wages and participation rates. Rather than resorting to moral hazard problems related to unobservable effort, like in most of the related literature, our model fully relies...

Persistent link: https://www.econbiz.de/10005859583

Employment, Family Union, and Childbearing Decisionsin Great Britain

Aassve, Arnstein; Burgess, Simon M.; Propper, Carol; … - London School of Economics and Political Science - 2004

The paper investigates the relationship between work and family life in Britain.Using appropriate statistical techniques we estimate a five-equation model,which includes birth events, union formation, union dissolution, employmentand non-employment events. The model allows for unobserved...

Persistent link: https://www.econbiz.de/10009354044

Income Taxation of U.S. Households: Basic Facts

Guner, Nezih; Kaygusuz, Remzi; Ventura, Gustavo - Institut zur Zukunft der Arbeit <Bonn> - 2011

We use micro data from the U.S. Internal Revenue Service to document how households’ taxliabilities vary with income, marital status and the number of dependents. We report facts onthe distributions of average and marginal taxes, properties of the joint distributions of taxespaid and income,...

Persistent link: https://www.econbiz.de/10009360537

Job Changes and Hours Changes:Understanding the Path of Labour Supply Adjustment

Blundell, Richard W.; Brewer, Mike; Francesconi, Marco - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

This paper uses British panel data to investigate single women´s labour supply changes inresponse to three tax and benefit policy reforms that occurred in the 1990s. These reformschanged individuals´ work incentives and we use them to identify changes in labour supply.We find evidence of small...

Persistent link: https://www.econbiz.de/10005861861

The Effects of In-Work Benefit Reform in Britainon Couples: Theory and Evidence

Francesconi, Marco; Rainer, Helmut; Klaauw, Wilbert van der - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

This paper examines the effects of the Working Families´ Tax Credit (WFTC) on couples inBritain. We develop a simple model of household decisions which explicitly accounts for therole played by the tax and benefit system. Its main implications are then tested using paneldata from the British...

Persistent link: https://www.econbiz.de/10005862316

Goodness-of-Fit: An Economic Approach

Cowell, Frank A.; Flachaire, Emmanuel; Bandyopadhyay, … - London School of Economics and Political Science; Pôle …; … - 2009

Specific functional forms are often used in economic models of distributions;goodness-of-fit measures are used to assess whether a functional form is appropriatein the light of real-world data. Standard approaches use a distance criterion based onthe EDF, an aggregation of differences in...

Persistent link: https://www.econbiz.de/10005871007

Inequality and the State

Hills, John - London School of Economics and Political Science - 2004

That Britain became more unequal in the last quarter century is well known; the scale of change, less so.At the end of the 1970s, the richest tenth received 21 per cent of total disposable income. This rose to 28-29per cent by 2002-03, as much as the whole of the bottom half. More than half of...

Persistent link: https://www.econbiz.de/10008766020

Changes in earnings inequality and mobility in Great Britain 1978/9-2005/6

Dickens, Richard; McKnight, Abigail - 2008

This paper examines changes in earnings inequality and mobility between 1978/9 and 2005/6 using a unique dataset that … significant increases in annual earnings inequality for both male and female employees. On most measures this is greater for men …. When wider inequality is measured including periods of no earnings, inequality for men increases and for women it falls as …

Persistent link: https://www.econbiz.de/10009305133

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