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Our computational economic analysis investigates the relationship between inequality, mobility and the financial … featuring compound returns plays a significant role as source of inequality, while institutional arrangements including taxation …
Persistent link: https://www.econbiz.de/10014134556
Persistent link: https://www.econbiz.de/10012004505
Persistent link: https://www.econbiz.de/10011796051
This paper studies how heterogeneity in income dynamics affects the POUM hypothesis (the idea that poor people do not support high level of redistribution because they hope to be rich in the future). We consider a setting where individuals evaluate their expected future income using both their...
Persistent link: https://www.econbiz.de/10010293407
distribution. Individual wage mobility decreased between 1984/1987 and 2004/2007, while inequality increased steadily from the mid …
Persistent link: https://www.econbiz.de/10010299075
persistence of transitory shocks and their implications for the persistence of poverty and income inequality. The results suggest … that 52 to 69 percent of income inequality in West Germany were due to permanent differences between individuals and that … to overall income inequality increased from 20 percent in 1990 to over 70 percent in 1998 and the persistence of poverty …
Persistent link: https://www.econbiz.de/10010262791
-national differences in the dynamic structure of earnings: in permanent inequality, transitory inequality and earnings mobility. Based on … ECHP, minimum distance estimator is used to decompose earnings inequality into the permanent and transitory components and … squares setting to estimate the relationship between permanent inequality, transitory inequality and earnings mobility, and …
Persistent link: https://www.econbiz.de/10010269145
. All countries recording an increase in cross-sectional inequality recorded also a decrease in short-term mobility. Among … countries where inequality decreased, short-term mobility increased in Denmark, Spain, Ireland and UK, and decreased in Belgium …
Persistent link: https://www.econbiz.de/10010269400
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10010274890
what extent does earnings mobility work to equalize/disequalize longer-term earnings relative to cross-sectional inequality …, Germany, and the lowest, Portugal. The highest mobility as equalizer of longer term inequality is recorded in Ireland and …
Persistent link: https://www.econbiz.de/10010276118