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In a number of high-income countries over the past few decades there has been a large growth in income inequality and … an appropriate response to rising inequality is a shift towards a more progressive multi-bracket income tax system, with …
Persistent link: https://www.econbiz.de/10010374096
Estimates of UK income inequality trends differ substantially according to whether estimates are based on household … top incomes in the latter, and provide improved estimates of UK inequality trends since the mid-1990s. We show there was a … marked increase in income inequality in the early 2000s that survey-based estimates do not reveal, and our conclusions are …
Persistent link: https://www.econbiz.de/10011434172
Estimates of UK income inequality trends differ substantially according to whether estimates are based on household … top incomes in the latter, and provide improved estimates of UK inequality trends since the mid-1990s. We show there was a … marked increase in income inequality in the early 2000s that survey-based estimates do not reveal, and our conclusions are …
Persistent link: https://www.econbiz.de/10011452217
What accounts for the growth of US top income inequality? This paper proposes a hierarchical redistribution hypothesis …
Persistent link: https://www.econbiz.de/10011880804
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over … possible rationale for recent inequality developments. …
Persistent link: https://www.econbiz.de/10011294713
The recent debate on trends in inequality in industrial countries has been marred by the lack of consensus about the … relevant concept of inequality. Labour economists are concerned with inequality in earnings, macroeconomists with movements in … the wage share, while policy-makers tend to focus on household income inequality. We provide a unifying framework to study …
Persistent link: https://www.econbiz.de/10003746641
not reduce income inequality significantly; on-going wage increases in excess of productivity growth would be needed …
Persistent link: https://www.econbiz.de/10013014526
income inequality and interdependent social norms. The model shows in an easily accessible manner how personal and functional … income inequality can potentially have contrary effects on aggregate demand and growth. It can illustrate some of the major … connected to inequality and country specific consumption and saving behaviour. Furthermore, aggregate consumption functions are …
Persistent link: https://www.econbiz.de/10011606907
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over … possible rationale for recent inequality developments. …
Persistent link: https://www.econbiz.de/10001362999
Persistent link: https://www.econbiz.de/10010225018