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Using counterfactual microsimulations, Shapley decompositions of time change in inequality and poverty indices make it … distributional evaluation of policy reforms. An application to the UK (1998-2001) confirms previous findings that inequality and … depth of poverty would have increased under the first New Labour government, had important reforms like the extensions of …
Persistent link: https://www.econbiz.de/10005016239
Using counterfactual microsimulations, Shapley decompositions of time change in inequality and poverty indices make it … distributional evaluation of policy reforms. An application to the UK (1998-2001) confirms previous findings that inequality and … depth of poverty would have increased under the first New Labour government, had important reforms like the extensions of …
Persistent link: https://www.econbiz.de/10005011908
counterfactual simulations. We start by decomposing changes in inequal- ity/poverty indices into three contributions: reforms of the …?t amounts, tax bands, etc.), and all other changes in the underlying population (market income inequality, demographic …-bene?t changes on inequality when evaluated against a distributionally-neutral benchmark, i.e. a situation where tax …
Persistent link: https://www.econbiz.de/10005113012
inequality, which combines changes in policy structure (rules, rates, etc.) and changes in monetary parameters (benefit amounts …-tax income (distribution, composition, demographic structure, etc.). We conduct this exercise for a battery of poverty and … inequality measures and check the sensitivity of the results to the decomposition order. …
Persistent link: https://www.econbiz.de/10005038365
counterfactual simulations. We start by decomposing changes in inequal- ity/poverty indices into three contributions: reforms of the … (benefit amounts, tax bands, etc.), and all other changes in the underlying population (market income inequality, demographic …-benefit changes on inequality when evaluated against a distributionally-neutral benchmark, i.e. a situation where tax …
Persistent link: https://www.econbiz.de/10005652948
This paper examines the impact on inequality and poverty of the economic crisis in four European countries, namely … 2010, was one of great economic turmoil, yet it is unclear whether changes in inequality and poverty rates over this time … decreasing inequality and relative poverty in the UK, France and especially in Ireland, a country where rising unemployment would …
Persistent link: https://www.econbiz.de/10011128034
counterfactual simulations. We start by decomposing changes in inequality/poverty indices into three contributions: reforms of the … (benefit amounts, tax bands, etc.), and all other changes in the underlying population (market income inequality, demographic …-benefit changes on inequality when evaluated against a distributionally-neutral benchmark, i.e., a situation where tax …
Persistent link: https://www.econbiz.de/10005762179
1998-2001 period have offset the increase in inequality that would have occurred otherwise. They also contribute to a … strong decline in child poverty and poverty amongst single parent households. In the latter group, a third of the headcount … poverty reduction (and half of the reduction in the depth of poverty) is on account of the very large incentive effect of …
Persistent link: https://www.econbiz.de/10008682249
This paper explains how to build Lorenz Curves for income distributions and discusses their use for inequality … and draw Lorenz Curves. A discussion on the use of Lorenz Curves to represent inequality is also provided. It highlights …
Persistent link: https://www.econbiz.de/10008919738
This paper illustrates how Lorenz Curves can be used to identify the best income distribution on social welfare grounds, within a set of alternative income distributions generated by different policy options. After highlighting some drawbacks of using specific functional forms of the Social...
Persistent link: https://www.econbiz.de/10009004151