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This testimony makes three main points. First, inheritances tend to exacerbate existing economic disparities and may be the most important barrier to intergenerational economic mobility. These tendencies are most pronounced at the top of the income distribution. While inherited income is...
Persistent link: https://www.econbiz.de/10014045314
From 1917 to 2012, donations by high-income households in the USA have moved inversely with income inequality. This … rising income shares when inequality increases. The negative correlation holds both unconditionally and after conditioning on … reduce, inequality across places over time …
Persistent link: https://www.econbiz.de/10012932732
In this paper, the amount of income redistribution in the United States, the European Union, and Switzerland is compared and empirically related to economic, political, and behavioral determinants elaborated in the literature. Lying in between the two poles, Switzerland provides unique evidence...
Persistent link: https://www.econbiz.de/10003894063
In this paper, the amount of income redistribution in the United States, the European Union, and Switzerland is compared and empirically related to economic, political, and behavioral determinants elaborated in the literature. Lying in between the two poles, Switzerland provides unique evidence...
Persistent link: https://www.econbiz.de/10003909517
In this paper, the amount of income redistribution in the United States, the European Union, and Switzerland is compared and empirically related to economic, political, and behavioral determinants elaborated in the literature. Lying in between the two poles, Switzerland provides unique evidence...
Persistent link: https://www.econbiz.de/10013071181
post-1960 inequality measures. Our series improves upon the series of Piketty and Saez (2003), correcting for data … top income concentration from 1917 to 2020. The results indicate a more tempered rise in inequality in recent decades than …
Persistent link: https://www.econbiz.de/10014343887
A widely held view is that increasing globalisation and inequality are fostering support for populist actors … introduce the concept of spatial inequality, which describes the regional inequality within countries, and construct a measure … of public goods scarcity. I argue that the spatial inequality induced feeling of being left behind is positively …
Persistent link: https://www.econbiz.de/10013336271
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method allowing us to … inequality by increasing the income share of the top 20% in contrast to the middle class' share. The tax policy effect accounts … for up to 29% of the total change in inequality; its contribution increases up to 41% if we take into account behavioral …
Persistent link: https://www.econbiz.de/10010229895
, regardless of (non-)random assignment to social jobs and the level of income inequality, individuals in social jobs are only …
Persistent link: https://www.econbiz.de/10011455517
This Paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the … possible rationale for recent inequality developments. …
Persistent link: https://www.econbiz.de/10010332733