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This paper studies how heterogeneity in income dynamics affects the POUM hypothesis (the idea that poor people do not support high level of redistribution because they hope to be rich in the future). We consider a setting where individuals evaluate their expected future income using both their...
Persistent link: https://www.econbiz.de/10010293407
Using an experiment with material incentives, this paper investigates the violation of Lorenz relations in the case of dominant and single-crossing Lorenz curves. Our experimental design consists of two treatments: an income distribution treatment and a lottery treatment. Both treatments were...
Persistent link: https://www.econbiz.de/10010296241
A dynamic general equilibrium model of the Italian economy is used to assess the impact of carbon taxation (or auctioned carbon permits), where additional revenue is used to cut either existing taxes on labour or on capital income. Simulation results do not support the existence of the so-called...
Persistent link: https://www.econbiz.de/10011335683
Il lavoro esamina la relazione fra disuguaglianza e crescita nelle regioni italiane nel periodo 1990-2003. I risultati ottenuti confermano, in primo luogo, la congettura formulata dalla teoria economica più recente per cui una maggiore disuguaglianza nella distribuzione personale dei redditi...
Persistent link: https://www.econbiz.de/10010326110
In this paper we explore the statistical properties of the distributions of consumption expenditures for a large sample of Italian households in the period 1989-2004. Goodness-of-fit tests show that household aggregate (and age-conditioned) consumption distributions are not log-normal. Rather,...
Persistent link: https://www.econbiz.de/10010328408
This brief chapter introduces researchers to the possibilities for subnational research using the harmonized data sets made available via the Luxembourg Income Study (LIS) (www.lisproject.org). We first offer a brief overview of the LIS and discuss specific challenges for subnational research...
Persistent link: https://www.econbiz.de/10010335354
When incorporating differences in household characteristics, the choice of equivalence scale can affect the ranking of income distributions. An alternative approach was pioneered by A.B. Atkinson and F. Bourguignon (G.R. Feiwel (Ed.), Arrow and the Foundation of the Theory of Economic Policy,...
Persistent link: https://www.econbiz.de/10010335395