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Most evidence on the long-run evolution of income inequality is restricted to top income shares. While this evidence is relevant and important for studying the concentration of economic power, it is incomplete as an informational basis for analysing inequality in the income distribution as a...
Persistent link: https://www.econbiz.de/10012214482
Since globalisation accelerated in the early 1990s, income inequality has increased in most developed countries and in some middle-income countries, including China and India. Also, inequality has declined in most countries of Latin America and the Caribbean and in many Sub-Saharan African and...
Persistent link: https://www.econbiz.de/10013462042
Mobile workers involve flows of labor and human capital and contribute to a more efficient allocation of resources. However, migration also changes relative wages, alters the distribution of skills and affects equality in the receiving society. The paper suggests that skilled immigration...
Persistent link: https://www.econbiz.de/10010361361
Just as the Gini inequality index captures people's relative deprivation [Yitzhaki (1979)], so, we show in this paper, Gini-based progressivity and horizontal inequity indices capture individual perceptions of relative fiscal harshness and ill-fortune. In fact, we find that these links between...
Persistent link: https://www.econbiz.de/10014191406
Just as the Gini inequality index captures people's relative deprivation [Yitzhaki (1979)], so, we show in this paper, Gini-based progressivity and horizontal inequity indices capture individual perceptions of relative fiscal harshness and ill-fortune. In fact, we find that these links between...
Persistent link: https://www.econbiz.de/10014191766
As embodied in the concept of "inequality extraction" (Branko Milanovic), it is not possible to increase inequality (especially income inequality) in a society sustainably to levels beyond what is actually socially acceptable (and even less to levels endangering physical subsistence of parts of...
Persistent link: https://www.econbiz.de/10011644643
We propose a first order bias correction term for the Gini index to reduce the bias due to grouping. The first order correction term is obtained from studying the estimator of the Gini index within a measurement error framework. In addition, it reveals an intuitive formula for the remaining...
Persistent link: https://www.econbiz.de/10012722922
Household survey data provide a rich information set on income, household context and demographic variables, but tend to under report incomes at the very top of the distribution. Administrative data like tax records offer more precise information on top incomes, but at the expense of household...
Persistent link: https://www.econbiz.de/10011613157
The socio-economic mosaic of urban neighbourhoods changes under the influence of three distinctive distributional processes: reordering of the socio-economic position of urban neighbourhoods; changing levels of inequality between neighbourhoods; and an overall growth or decline in income levels...
Persistent link: https://www.econbiz.de/10011925327
Expansion of the public sector and redistributive policies may reduce income inequality, but formal tests suffer from the problem of endogeneity of government size with respect to the distribution of income. Studying 30 European countries over the period 2004-2015, we apply instrumental variable...
Persistent link: https://www.econbiz.de/10012151150