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We study earnings and income inequality in Britain over the 25 years prior to the COVID-19 pandemic. We focus on the … some decline in income inequality across the middle 90% of the distribution. In the past decade, key trends turned around …
Persistent link: https://www.econbiz.de/10013167640
We study earnings and income inequality in Britain over the past two decades, including the period of relatively … the "new inequality" at the very top. Household earnings inequality has risen, driven by male earnings - although a 'catch …-up' of female earnings did hold down individual earnings inequality and reduce within-household inequality. Nevertheless, net …
Persistent link: https://www.econbiz.de/10011583577
Establishing an equitable and efficient tax system is essential for reducing poverty, combating inequality, and …
Persistent link: https://www.econbiz.de/10014290690
We calibrate a sequence of four nested models to study the dynamics of wealth accumulation. Individuals maximize a … utility function whose arguments are consumption and investment. They desire to accumulate wealth for its own sake - this is …
Persistent link: https://www.econbiz.de/10010515458
bias in the treatment of the contributions of the parties. The Piketty inequality here is the share in total welfare … inequality in initial contributions if the qualitative bias is zero. The rising Piketty inequality requires that the qualitative … accruing to the richer party over total welfare attained at agreement point. We show that this inequality can never exceed the …
Persistent link: https://www.econbiz.de/10010402572
Persistent link: https://www.econbiz.de/10010438115
Persistent link: https://www.econbiz.de/10011526259
Persistent link: https://www.econbiz.de/10011580704
Does parental wealth inequality impact next generation labor income inequality? And does a tax on parental wealth … intergenerational data from Norway, focusing on effects on wages rather than capital income. Results suggest that a net wealth of NOK 1 …. The estimated hypothetical wage distribution without the wealth tax is more unequal. Moreover, suggestive evidence …
Persistent link: https://www.econbiz.de/10012597127
We study beliefs about wealth inequality and preferences for wealth redistribution. For this, we conduct a large …-scale online survey in Germany. First, we analyze how well participants are informed about the German wealth distribution and their … position in it. Second, we investigate how preferences for wealth redistribution are affected by an information experiment. One …
Persistent link: https://www.econbiz.de/10014543737