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The demographic problems in developed countries are getting more and more important. Very low fertility rates especially among skilled individuals will soon become relevant for a country's economy. Also of importance is education of children. Since there is an increasing demand for skilled...
Persistent link: https://www.econbiz.de/10003811601
We analyse the link between income distribution and the current account for the period 1972-2007. We find that rising (top-end) personal inequality leads to a decrease of the current account, ceteris paribus. This result is consistent with consumption externalities resulting from upward-looking...
Persistent link: https://www.econbiz.de/10010481412
Making use of official survey data, we examine the evolution of household income inequality in Turkey during the past fifteen years. We observe the contributions to inequality of the main components of household income, namely labor market earnings, non-wage income, and imputed rents. In an...
Persistent link: https://www.econbiz.de/10013137502
We develop a decomposition of distributional change by factor components to quantify how changes in the association between sources of income and changes in their marginal distributions contribute to the change in the distribution of household incomes over time. The two components are further...
Persistent link: https://www.econbiz.de/10012841546
This study presents estimates of multi-dimensional household inequality in Australia from the 2001-2017. Household earnings inequality shows a decreasing trend, while inequality for household disposable income, non-durable consumption expenditures, food expenditures and net worth shows little...
Persistent link: https://www.econbiz.de/10012903556
The demographic problems in developed countries are getting more and more important. Very low fertility rates especially among skilled individuals will soon become relevant for a country's economy. Also of importance is education of children. Since there is an increasing demand for skilled...
Persistent link: https://www.econbiz.de/10012720795
In response to the beginnings of the COVID-19 pandemic, India's government instituted a severe nationwide lockdown in late March 2020. In this paper, we analyze household survey data on income from a representative Indian state, Punjab. We analyze the impacts of the pandemic and lockdown on...
Persistent link: https://www.econbiz.de/10013323310
We quantify the impacts on consumption expenditure and the patterns following India's initial sudden lockdown in response to the coronavirus disease pandemic and the gradual relaxation that followed. We use household survey data from a representative Indian state, Punjab. We separate the effects...
Persistent link: https://www.econbiz.de/10014426290
We suggest to use information from the state register of personal cars as an alternative indicator of economic inequality in countries with a large share of shadow economy. We illustrate our approach using the Latvian pool of personal cars. Our main finding is that the extent of household...
Persistent link: https://www.econbiz.de/10009579657
We analyze general equilibrium relationships between trade policy and the household distribution of income, decomposing social welfare into real income level and variance components through Gini and Atkinson indexes. We embed these inequality-adjusted social welfare functions in a general...
Persistent link: https://www.econbiz.de/10011337398