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This paper aims to examine consumption behavior disparities between pensioners and non-pensioners, focusing on how pensioners alter their consumption patterns when cohabitating with additional individuals. By analyzing household-level consumption data from the Spanish family income survey, our...
Persistent link: https://www.econbiz.de/10014349965
Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of countries. Most of these studies have focused on the national experience of individual countries, but we can also learn from cross-country comparisons. Comparative analysis is...
Persistent link: https://www.econbiz.de/10010270632
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
Persistent link: https://www.econbiz.de/10011696836
Persistent link: https://www.econbiz.de/10010877630
The evolution of income distribution is studied in a dynamic model of education choice. In this model, both public and private education are available. Public education is financed using a tax rate determined by majority voting. The analysis focuses on neoclassical growth in order to ensure...
Persistent link: https://www.econbiz.de/10014121317
Medical expenditure risk can pose a major threat to living standards. We derive decomposable measures of catastrophic medical expenditure risk from reference-dependent utility with loss aversion. We propose a quantile regression based method of estimating risk exposure from cross-section data...
Persistent link: https://www.econbiz.de/10010326388
Persistent link: https://www.econbiz.de/10009723017