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Persistent link: https://www.econbiz.de/10012243214
Numerous studies document a positive correlation between inflation and income inequality. I show that this correlation has reversed, most notably in the European economies. More generally, the sign of the correlation depends on the time period and sample of countries. In the literature on the...
Persistent link: https://www.econbiz.de/10012900270
This paper examines the relationship between culture and redistribution, focusing on the individualism-collectivism dimension of culture. Perhaps surprisingly, countries with more individualistic cultures have significantly greater income redistribution and lower levels of after-tax income...
Persistent link: https://www.econbiz.de/10012966697