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equilibrium concept for personal income distribution which is located in status theory and which can explain why a certain or …
Persistent link: https://www.econbiz.de/10011413151
The authors set up a political economy equilibrium framework for personal income distribution. Located in status theory …
Persistent link: https://www.econbiz.de/10012152220
Deutschland ist ein Land, das kräftig von oben nach unten umverteilt, innerhalb von Haushalten, durch Steuern und Transfers sowie auch durch die Bereitstellung öffentlicher Güter: In kaum einem anderen Land ist die Differenz zwischen der Ungleichheit der Brutto- und Nettoeinkommen größer...
Persistent link: https://www.econbiz.de/10011694015
challenged the traditional views that increasing inequality has a positive impact on economic growth, and that redistribution …
Persistent link: https://www.econbiz.de/10010284988
This paper offers a comprehensive econometric investigation of the impact of income inequality on the values endorsed by people. Using survey data from all thirty-four OECD countries over a period of almost thirty years, the following dimensions of value systems are investigated: work ethic,...
Persistent link: https://www.econbiz.de/10010333727
addition to the inequality-growth relationship, we examine the direct influence of effective redistribution. When net … inequality is held constant, public redistribution negatively affects economic growth. Redistribution hampers investment and … net inequality, the overall impact of redistribution is insignificant. Whereas this result stems mainly from advanced …
Persistent link: https://www.econbiz.de/10011310397
Recently, some influential empirical studies found evidence in favour of a negative relationship between income inequality and economic growth, implying the conclusion that inequality reducing policies will foster economic growth. The studies have in common that they all rely on the System GMM...
Persistent link: https://www.econbiz.de/10011633430
We analyze the effects of governmental redistribution of income on migration patterns,using an Italian administrative … redistribution, both the welfare-magnet effect from more redistributive countries and the propensity of the high-skilled to settle in … redistribution receive a negative selection of Italian migrants. This holds true after accounting for many individual and country …
Persistent link: https://www.econbiz.de/10012011028
The relationship between income inequality and economic growth is complex. Some inequality is integral to the effective functioning of a market economy and the incentives needed for investment and growth. But inequality can also be destructive to growth, for example by amplifying the risk of...
Persistent link: https://www.econbiz.de/10014363231
der Grenzproduktivitäten kommt. Auf makroökonomischer Ebene läßt sich eine optimale Schiefe der Einkommensverteilung …
Persistent link: https://www.econbiz.de/10010300409