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Can consumption taxes reduce inequality in developing countries? This paper combines household expenditure data from 31 … countries with theory to shed new light on the redistributive potential and optimal design of consumption taxes. It uses the …
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We use data from the Luxembourg Income Study in order to quantify the economy-wide monetary gains achieved by household …-size economies due to within-household sharing of goods by individuals living in multimember households. In most countries out of the … twenty countries we examine, we observe a decline in monetary gains achieved by household-size economies over time. This …
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The famous saying “keeping up with the Joneses” is a generational behavior that is still deeply interwoven in the behavioral fabric of our modern-day society. This paper aims to address and contribute to the existing literature by investigating the determinants of individual non-mortgage...
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