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1980s can be explained by the interplay of rising (top-end) household income inequality and institutions. On the other hand …
Persistent link: https://www.econbiz.de/10010944678
The development of private consumption is a crucial factor in compiling macroeconomic projections as part of national accounts. Household savings also play an important role as an explanatory variable for consumer development, since private households must decide whether to spend their incomes...
Persistent link: https://www.econbiz.de/10011128081
Die Entwicklung des privaten Verbrauchs ist eine entscheidende Größe bei der Erstellung makroökonomischer Prognosen im Rahmen der Volkswirtschaftlichen Gesamtrechnungen. Als erklärende Variable für die Konsumentwicklung spielt damit auch die Ersparnisbildung der Haushalte eine zentrale...
Persistent link: https://www.econbiz.de/10011128769
In an article published in Development and Change in 2011, I suggested an alternative measure of inequality to the Gini … article has evolved to become a further attempt at contributing to the literature on inequality and the statistics to measure … it. As in my 2011 paper, in this one I also conclude that if we want to understand why inequality is so unequal across …
Persistent link: https://www.econbiz.de/10010949350
We examine the interplay between changes in the functional distribution of income and the distribution of market income among households. We use micro data from the German Socio-Economic Panel as well as macro data from the German Federal Statistical Office from 2002 to 2008. We categorize and...
Persistent link: https://www.econbiz.de/10010955014
We examine the interplay between changes in the functional distribution of income and the distribution of market income among households. We use micro data from the German Socio-Economic Panel as well as macro data from the German Federal Statistical Office from 2002 to 2008. We categorize and...
Persistent link: https://www.econbiz.de/10010564002
We examine the interplay between changes in the functional distribution of income and the distribution of market income among households. We use micro data from the German Socio-Economic Panel as well as macro data from the German Federal Statistical Office from 2002 to 2008. We categorize and...
Persistent link: https://www.econbiz.de/10010762078
moments of the data over the lifecycle. The key challenge for the model is to generate declining inequality in annual hours … observed cross-sectional inequality in labor supply and consumption and may have quantitative relevance for analyses that …
Persistent link: https://www.econbiz.de/10009318186
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of … changes, transitory and permanent shocks and estimate the contribution of each to total inequality. Our model fits the joint … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …
Persistent link: https://www.econbiz.de/10005703321
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of …-cycle changes, transitory and permanent shocks and estimate the contribution of each to total inequality. Our model fits the joint … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …
Persistent link: https://www.econbiz.de/10005771959