Showing 1 - 10 of 95
We consider concepts and models that are useful for measuring how strongly the distribution of a positive response Y is concentrated near a value with a focus on how concentration varies as a function of covariates. We combine ideas from statistics, economics and reliability theory. Lorenz...
Persistent link: https://www.econbiz.de/10011968182
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
An essential difference between the design of the Swedish and the US in-work tax credit systems relates to their functional forms. Where the US earned income tax credit (EITC) is phased out and favours low and medium earnings, the Swedish system is not phased out and offers 17 and 7 per cent tax...
Persistent link: https://www.econbiz.de/10010328929
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
This paper is concerned with the question of whether top income earners are permanently there or only temporarily receive the highest incomes. How much mobility is there at the top of the income distribution, and how has mobility changed over time? The paper makes both a methodological and an...
Persistent link: https://www.econbiz.de/10010329188
In this paper we estimate a model of household labor supply using an econometric approch that allows simultaneous decisions of household members, complex and non-convex choice sets induced by tax and benefit rules, and quantity constraints on hours choice. The model is estimated using the 1993...
Persistent link: https://www.econbiz.de/10010330281
This paper employs a microeconometric framework to examine the labor supply responses and the welfare effects from replacing current tax systems in Italy, Norway and Sweden by a flat tax on total income. The flat tax rates are determined so that the tax revenues are equal to the revenues as of...
Persistent link: https://www.econbiz.de/10010330286
This projeect employs the theory of equality of opportunity, described in Roemers (Equality of Opportunity), Havard University Press, 1998), to compute the extent to which tax-and-transfer regimes in ten countries equalize opportunities among citizens for income acquisition. Roughly speaking,...
Persistent link: https://www.econbiz.de/10010331656
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...
Persistent link: https://www.econbiz.de/10011653302
This paper is concerned with concepts - poverty, inequality, affluence, and polarization - that are typically treated in different literatures. Our aim here is to place them within a common framework and to identify the way in which different classes of income transfers contribute to different...
Persistent link: https://www.econbiz.de/10011968519