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The role of capital income for top incomes shares in Germany
Bartels, Charlotte; Jenderny, Katharina - Fachbereich Wirtschaftswissenschaft, Freie Universität … - 2014
established by Piketty (2001, 2003). The disappearance of capital income from the income tax base in many countries poses a major … including capital gains to 2010, and the series excluding capital gains to 2008. Second, we derive three homogeneous series by … simulating legislative definitions of capital income prevailing in Germany between 2001 and 2010. For both simulation and the …
Persistent link: https://www.econbiz.de/10011076236
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Income Inequality in the European Union
Fredriksen, Kaja Bonesmo - Economics Department, Organisation de Coopération et … - 2012
Poor growth performance over the past decades in Europe has increased concerns for rising income dispersion and social exclusion. European authorities have recently launched the Europe 2020 strategy which aims to improve social inclusion in Europe on top of already existing European regional...
Persistent link: https://www.econbiz.de/10011276988
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Long Term Trends in Fair and Unfair Inequality in the United States
Hussey, Andrew; Jetter, Michael - Institute for the Study of Labor (IZA) - 2014
This paper analyzes the microeconomic sources of wage inequality in the United States from 1967-2012. Decomposing inequality into factors categorized by degree of personal responsibility, we find that education is able to explain more than twice as much of inequality today as 45 years ago....
Persistent link: https://www.econbiz.de/10010959713
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Tax policy and fair inequality.
Cappelen, Alexander W.; Tungodden, Bertil - Institutt for samfunnsøkonomi, Norges Handelshøyskole … - 2012
The standard economic approach to tax policy has to a large extent relied on welfarist theories of justice, in particular the utilitarian view that the government should try to maximize the sum of individual welfare. This welfarist framework has proved a productive point of departure for much...
Persistent link: https://www.econbiz.de/10010539866
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Measuring unfair (in)equality
Almås, Ingvild; Cappelen, Alexander W.; Lind, Jo Thori; … - In: Journal of Public Economics 95 (2011) 7, pp. 488-499
This paper shows one way of generalizing the standard framework of inequality measurement to allow for a distinction between fair and unfair inequalities. We introduce the unfairness Lorenz curve and the unfairness Gini, which are generalizations of the standard versions of the Lorenz curve and...
Persistent link: https://www.econbiz.de/10011056165
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"What Do We Know About the Labor Share and the Profit Share? Part III: Measures and Structural Factors"
Giovannoni, Olivier - Levy Economics Institute - 2014
points since 1980. This amounts to a transfer of $1.8 trillion from labor to capital in 2012 alone and brings the US labor …
Persistent link: https://www.econbiz.de/10010776492
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Does inequality lead to a financial crisis?
Bordo, Michael D.; Meissner, Christopher M. - In: Journal of International Money and Finance 31 (2012) 8, pp. 2147-2161
The recent global crisis has sparked interest in the relationship between income inequality, credit booms, and financial crises. Rajan (2010) and Kumhof and Rancière (2011) propose that rising inequality led to a credit boom and eventually to a financial crisis in the US in the first decade of...
Persistent link: https://www.econbiz.de/10010603328
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Primary Distribution, Top Incomes and Inequality in China, 1978-2007
Simarro, Ricardo Molero - Political Economy Research Institute (PERI), University … - 2012
Most analyses explain the increase in China's overall inequality during the reform period principally by means of the expansion of urban-rural income gap. This paper tries to shed light on a more complex relationship that appears to exist between primary distribution of income, top incomes...
Persistent link: https://www.econbiz.de/10010691883
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Globalization and Inequality: Where do we stand?
Chusseau, Nathalie; Hellier, Joël - Society for the Study of Economic Inequality - ECINEQ - 2012
Over the last thirty years, both developed and developing countries have experienced a huge globalization of their economies, which has coincided with an increase in intra-country income inequality, both within and between skill groups. This article surveys the key mechanisms of the...
Persistent link: https://www.econbiz.de/10011163078
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Less Income Inequality and More Growth – Are they Compatible? Part 4. Top Incomes
Hoeller, Peter - Economics Department, Organisation de Coopération et … - 2012
Over the past decades, top incomes have soared, especially in the English-speaking countries. Despite a considerable amount of research on top income developments, there is still substantial disagreement about the causes for their rapid increase. Potential explanations include changes in...
Persistent link: https://www.econbiz.de/10009393778