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A fresh look at fiscal redistribution and inequality in the US across electoral cycles
Sala, Hector - 2018
The evolution of the ratio of direct taxation (characterized by progressive rates) over indirect and payroll taxation (characterized by flat rates) is examined together with its distributional consequences for the Bottom 50%, Middle 40% and Top 10% shares of income. Oscillations of this ratio...
Persistent link: https://www.econbiz.de/10011913675
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What is driving wealth inequality in the United States of America? : the role of productivity, taxation and skills
Ernst, Ekkehard; Langot, François; Merola, Rossana; … - 2024
Out of four major structural changes affecting the US economy - namely a rising share of skilled workers, skill-biased technological change, decreasing progressiveness of taxation and productivity slowdown - we show that the decline in productivity growth not only is the main driver of the...
Persistent link: https://www.econbiz.de/10014473060
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Shocks, frictions, and inequality in US business cycles
Bayer, Christian; Born, Benjamin; Luetticke, Ralph - 2020
How much does inequality matter for the business cycle and vice versa? Using a Bayesian likelihood approach, we … income risk and taxes. We find that adding data on inequality does not materially change the estimated shocks and frictions … income inequality. The systematic components of monetary and fiscal policy are important for inequality as well. …
Persistent link: https://www.econbiz.de/10012162730
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Shocks, frictions, and inequality in US business cycles
Bayer, Christian; Born, Benjamin; Luetticke, Ralph - 2020
Persistent link: https://www.econbiz.de/10012172901
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On the impact of income and policy shocks on consumption
Bayoumi, Tamim A.; Sgherri, Silvia - 2007
Persistent link: https://www.econbiz.de/10003597056
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Three essays in macroeconomic empirics and monetary theory
Zhu, Feng - 2004
Persistent link: https://www.econbiz.de/10003551774
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Using a SAM-based model to measure the distributional impacts of government policies
Santos, Susana - 2009
Persistent link: https://www.econbiz.de/10011571828
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Estimating inequality of opportunity in more periods than ever before : the capital income approach
Valle-Inclán Cruces, Hugo del - 2019 - This version: March 15th 2019
The measurement of Inequality of Opportunity has attracted a lot of attention in recent years, despite of the fact that … occupation. Secondly, we compare the results of our approach to estimate Inequality of Opportunity (which includes a measure of … background. Finally, we apply it to estimate Inequality of Opportunity for the full length of the EU-SILC database, which covers …
Persistent link: https://www.econbiz.de/10012009246
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The growth of US top income inequality : a hierarchical redistribution hypothesis
Fix, Blair - 2018
What accounts for the growth of US top income inequality? This paper proposes a hierarchical redistribution hypothesis …
Persistent link: https://www.econbiz.de/10011880804
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The ins and outs of top income mobility
Aaberge, Rolf; Atkinson, Anthony B.; Modalsli, Jørgen … - 2013
This paper is concerned with the question of whether top income earners are permanently there or only temporarily receive the highest incomes. How much mobility is there at the top of the income distribution, and how has mobility changed over time? The paper makes both a methodological and an...
Persistent link: https://www.econbiz.de/10010211222