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Income inequality and the size of government : a causal analysis
Guzi, Martin; Kahanec, Martin - 2019
Expansion of the public sector and redistributive policies may reduce income inequality, but formal tests suffer from … income inequality and government size, measured as the government expenditure share in GDP. Using a novel instrument - the … the true role of the government in attenuating income inequality. The estimated relationship between income inequality and …
Persistent link: https://www.econbiz.de/10012151150
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Income inequality and the size of government : a causal analysis
Guzi, Martin; Kahanec, Martin - 2018
Expansion of the public sector and redistributive policies may reduce income inequality, but formal tests suffer from … income inequality and government size, measured as the government expenditure share in GDP. Using a novel instrument - the … the true role of the government in attenuating income inequality. The estimated relationship between income inequality and …
Persistent link: https://www.econbiz.de/10011955505
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Inflation, fiscal policy and inequality : the distributional impact of fiscal measures to compensate for consumer inflation
3000 Amores, Antonio F.; Basso, Henrique S.; Bischl, Simeon - 2023
with significant differences between countries. At the same time, fiscal measures closed around 60% of the inequality gap …
Persistent link: https://www.econbiz.de/10014388666
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Vertical and horizontal redistribution : the case of Western and Eastern Europe
Bussolo, Maurizio; Krolage, Carla; Makovec, Mattia; … - 2018
deal with vertical inequality - that is, fostering redistribution from the rich to the poor - less is known about their … performance in dealing with horizontal inequality, that is, in redistributing among socio-economic groups. In a context where … findings suggest that horizontal inequality is a dimension which policy makers should take into account when reforming tax and …
Persistent link: https://www.econbiz.de/10011962206
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Re-Examining the Cost-of-Living Index and the Biases of Price Indices
Dumagan, Jesus C.; Mount, Timothy D. - 1997
The U.S. CPI is based on the Laspeyres price index, an index type that has an upward "substitution bias." Thus, the CPI tends to overstate increases in the cost of living. To address this bias, the Advisory Commission to Study the Consumer Price Index recommended adopting for the CPI a...
Persistent link: https://www.econbiz.de/10014115417
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A Counter-Reply to Professors Bankman and Weisbach
Sanchirico, Chris William - 2011
In “A Critical Look at the Economic Argument for Taxing Only Labor Income,” I challenge the tax substitution argument, which according to accepted wisdom fairly establishes that it is best to tax only labor earnings. A portion of Critical Look is directed at Professors Bankman and Weisbach's...
Persistent link: https://www.econbiz.de/10013121690
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Income Inequality and the Size of Government : A Causal Analysis
Guzi, Martin - 2019
Expansion of the public sector and redistributive policies may reduce income inequality, but formal tests suffer from … income inequality and government size, measured as the government expenditure share in GDP. Using a novel instrument – the … the true role of the government in attenuating income inequality. The estimated relationship between income inequality and …
Persistent link: https://www.econbiz.de/10012894558
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Chapter 5 The Economic Theory of Gift-Giving: Perfect Substitutability of Transfers and Redistribution of Wealth
Mercier Ythier, Jean - In: Handbook of the economics of giving, altruism and …, (pp. 227-369). 2006
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
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The distribution of wealth and the marginal propensity to consume
Carroll, Chris; Slacalek, Jirka; Tokuoka, Kiichi; … - In: Quantitative economics : QE ; journal of the … 8 (2017) 3, pp. 977-1020
degree of heterogeneity in household preferences or beliefs is sufficient to match empirical measures of wealth inequality in …
Persistent link: https://www.econbiz.de/10011801783
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Measuring income risk
Burgess, Simon M.; Gardiner, Karen; Jenkins, Stephen; … - 2000
We provide a critique of the methods that have been used to derive measures of income risk and draw attention to the importance of demographic factors as a source of income risk. We also propose new measures of the contribution to total income risk of demographic and labour market factors....
Persistent link: https://www.econbiz.de/10011433584