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in poverty and income inequality, up to 2010 or 2011 in most countries. We provide measures of the levels and trends in … income inequality, and inequality among those with top incomes. …
Persistent link: https://www.econbiz.de/10014025343
The model describes a two person economy, in which one individual with positive exogenous income is altruist towards an individual with no income. The rich individual cares for her own social status. She evaluates her status by comparing disposable net cash incomes. When deciding on the size and...
Persistent link: https://www.econbiz.de/10009746177
This Article presents an original empirical analysis demonstrating that low-income families experience far greater income fluctuations than higher-income families and, as a result, taxation of annual income disproportionately burdens low-income families. The author proposes two simple income...
Persistent link: https://www.econbiz.de/10014194263
Choice defaults are an increasingly popular public policy tool. Yet there is little knowledge of the distributional consequences of such nudges for different groups in society. We report results from an elicitation study in the residential electricity market in Switzerland in which we contrast...
Persistent link: https://www.econbiz.de/10012852618
We introduce a new class of generalized measures of relative deprivation. The class takes the form of a power mean of order p . A characteristic of the class is that depending on the value of the proximity-sensitive parameter p , the class is capable of accommodating both a decreasing weight...
Persistent link: https://www.econbiz.de/10011736612
We introduce a new class of generalized measures of relative deprivation. The class takes the form of a power mean of order p . A characteristic of the class is that depending on the value of the proximity-sensitive parameter p, the class is capable of accommodating both a decreasing weight (the...
Persistent link: https://www.econbiz.de/10012946637
, income inequality has increased in about half of the countries studied, while none of the remaining countries recorded an … unambiguous decrease in inequality. Gross earnings and other market income were main contributors to widening inequality at the … household level, through channels of increased dispersion and employment polarization. This increase in market income inequality …
Persistent link: https://www.econbiz.de/10014145811
This chapter reviews definitional issues that arise in assessing the extent of, and change in, poverty in western industrialized countries, including the choice of resource, level of poverty line and appropriate adjustments for the size and type of the income-sharing unit. The chapter also...
Persistent link: https://www.econbiz.de/10014024203
We introduce a new class of generalized measures of relative deprivation. The class takes the form of a power mean of order p . A characteristic of the class is that depending on the value of the proximity-sensitive parameter p , the class is capable of accommodating both a decreasing weight...
Persistent link: https://www.econbiz.de/10011723898
On the basis of anonymous (or cross-sectional) analyses, income losses during the Great Recession in a number of European countries were concentrated among the poorest ten per cent of the population. The anonymous approach however, which simply compares the distribution of income at two points...
Persistent link: https://www.econbiz.de/10011445440