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Empirical studies have shown that preferences for redistribution are significantly correlated with expectations of future mobility and the belief that society offers equal opportunities. We add to previous research by investigating the role of individual and social norms on rent seeking. We find...
Persistent link: https://www.econbiz.de/10010369526
Over the last two decades, those at the bottom of the income scale have seen their incomes stagnate, while those at the top have seen theirs skyrocket. Without intervention, the recession that began in December 2007 was likely to exacerbate this trend. Will the American Recovery and Reinvestment...
Persistent link: https://www.econbiz.de/10010266588
The arguments that the alarming level of Gini coefficient is 0.4 are widely reported. However, to the authors' knowledge, it is not based upon any rigid economic theories. In this paper, they show that Rawls' fairness is compatible with the standard model of competitive markets. This finding...
Persistent link: https://www.econbiz.de/10011725204
This paper investigates whether the individual misperception of income distributions helps explain why, opposite to Meltzer and Richard (1981), higher initial inequality levels do not correlate positively with redistribution. I conduct a representative survey experiment in Brazil, France,...
Persistent link: https://www.econbiz.de/10011725485
We introduce a new class of generalized measures of relative deprivation. The class takes the form of a power mean of order p . A characteristic of the class is that depending on the value of the proximity-sensitive parameter p , the class is capable of accommodating both a decreasing weight...
Persistent link: https://www.econbiz.de/10011730764
This paper focuses on the measurement of progressivity and the distributional effect of the Norwegian tax reform of 1992. Progressivity is measured by the degree of disproportionality, which implies that the burden of taxes is estimated when income units are ranked according to pre-tax incomes....
Persistent link: https://www.econbiz.de/10011967918
Are we better or worse off after the Norwegian tax reform of 1992 and how has the reform influenced the income sizes and the distribution of total income? This question denotes our twofold analysis in this paper. We first examine the trends in average income and income distribution in the period...
Persistent link: https://www.econbiz.de/10011967979
We introduce a new class of generalized measures of relative deprivation. The class takes the form of a power mean of order p . A characteristic of the class is that depending on the value of the proximity-sensitive parameter p , the class is capable of accommodating both a decreasing weight...
Persistent link: https://www.econbiz.de/10011869296
This paper provides an introductory review of the alternative possible income distributions which can be used when making cross-sectional evaluations of the effects of taxes and transfers using a household economic survey. This paper attempts to clarify the various alternatives, both for users...
Persistent link: https://www.econbiz.de/10012115647
Many of the world's LDCs are plagued by recurring conflict. Conflict impedes sustainable development through various channels, creating conditions conducive to further conflict. Conflict has redistributive impacts, particularly when it erupts in resource-rich countries. Between 2002 and 2011,...
Persistent link: https://www.econbiz.de/10014477468