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This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
This paper compares and assesses the income inequality between five European countries in the mid 1990's, employing the non-parametric technique of kernel density estimation. The countries used in this inequality exercise were Germany, Hungary, Luxembourg, Poland and the United Kingdom, and the...
Persistent link: https://www.econbiz.de/10013052619
The evolution of income distribution over two centuries is an attractive topic because it allows one to test the inverse U-curve hypothesis using long series instead of cross-section data. In Section 1 the distribution trends in countries where global data are available, is considered, that is...
Persistent link: https://www.econbiz.de/10014024205
This paper introduces a theory-based equivalence scale for public in-kind transfers, which justifies comparison of distributions of extended income (cash income plus the value of public services) between European countries. We demonstrate the usefulness of the proposed equivalence scale in an...
Persistent link: https://www.econbiz.de/10013193777
Persistent link: https://www.econbiz.de/10000591232
Like the other chapters in this volume of the Handbook of Income Distribution (and its predecessor), the aim of this chapter is to provide a comprehensive review of a particular area of research. We examine the literature on post-1970 trends in poverty and income inequality, up to 2010 or 2011...
Persistent link: https://www.econbiz.de/10014025343
German and United States data from the Luxembourg Income Study are used to compare the relative economic well-being of Germans and Americans in the 1980s. In our analysis we use both official equivalence scales and consumption-based country-specific equivalence scales developed for Germany and...
Persistent link: https://www.econbiz.de/10013159252
Äquivalenzskalen ; Deutschland ; USA ; Einkommensverteilung ; Ungleichheit ; Armut …
Persistent link: https://www.econbiz.de/10009667623
Using newly comprehensive data and tools from the Global Consumption and Income Project or CGIP, covering most of the world and five decades, we present a portrait of the changing global distribution of consumption and income and discuss its implications for our understanding of inequality,...
Persistent link: https://www.econbiz.de/10010516605
Concern about income inequality has become prominent in public discourse around the world. However, studies in behavioral economics and psychology have consistently shown that people prefer not equal but fair income distributions. Thus, finding a benchmark that could be used to measure fair...
Persistent link: https://www.econbiz.de/10014243649