Showing 1 - 10 of 11,250
This paper studies the distributional consequences of a systematic variation in expenditure shares and prices. Using European Union Household Budget Surveys and Harmonized Index of Consumer Prices data, we construct household-specific price indices and reveal the existence of a pro-rich...
Persistent link: https://www.econbiz.de/10011848056
This paper studies the distributional consequences of a systematic variation in expenditure shares and prices. Using European Union Household Budget Surveys and Harmonized Index of Consumer Prices data, we construct household-specific price indices and reveal the existence of a pro-rich...
Persistent link: https://www.econbiz.de/10011862889
We propose a first order bias correction term for the Gini index to reduce the bias due to grouping. The first order correction term is obtained from studying the estimator of the Gini index within a measurement error framework. In addition, it reveals an intuitive formula for the remaining...
Persistent link: https://www.econbiz.de/10012722922
This work studies trends in income distributions and inequality in the European Union using data from the European Union Statistics on Income and Living Conditions. We model the income distribution for each country under a Dagum distribution assumption and using maximum likelihood techniques. We...
Persistent link: https://www.econbiz.de/10012119805
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/10009690154
Given the demographic structure of the population of the European countries, this paper examines how gender gaps in earned and non-earned income contribute to explain between household income inequality. We show that this impact depends not only on the existing gender gaps but also on the way...
Persistent link: https://www.econbiz.de/10012483317
The cohesiveness of constituent nations in a confederation such as the Eurozone depends on their equally shared experiences. In terms of household incomes, commonality of distribution across those constituent nations with that of the Eurozone as an entity in itself is of the essence. Generally,...
Persistent link: https://www.econbiz.de/10011823306
Mainstream monitoring of income dynamics and inequality is based on summary measures that can miss important phenomena prevalent in income distributions. Relying on quantile functions and the adapted statistical framework suggested by Székely and Rizzo (2004), we characterize the change and...
Persistent link: https://www.econbiz.de/10012053562
We propose a first order bias correction term for the Gini index to reduce the bias due to grouping. The first order correction term is obtained from studying the estimator of the Gini index within a measurement error framework. In addition, it reveals an intuitive formula for the remaining...
Persistent link: https://www.econbiz.de/10011377108
This paper explores whether more generous social spending polices in fact lead to less income inequality, or if redistributive outcomes are offset by behavioral disincentive effects. To account for the inherent endogeneity of social policies with regard to inequality levels, I apply the System...
Persistent link: https://www.econbiz.de/10008827068