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The evolution of top incomes in an egalitarian society : Sweden, 1903 - 2004
Roine, Jesper (contributor);  … - 2006
before the expansion of the welfare state, in fact, by 1950 Swedish top income shares were already lower than in other … ; Income distribution ; Wealth distribution ; Top incomes ; Welfare State ; Sweden ; Taxation ; Capital gains …
Persistent link: https://www.econbiz.de/10003307327
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The Evolution of Top Incomes in an Egalitarian Society; Sweden, 1903-2004
Roine, Jesper - 2008
the expansion of the welfare state and by 1950 Swedish top income shares were already lower than in other countries. The …
Persistent link: https://www.econbiz.de/10012768465
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The Great Recession and racial inequality : evidence from measures of economic well-being
Masterson, Thomas; Zacharias, Ajit; Rios-Avila, Fernando; … - 2017
The Great Recession had a tremendous impact on low-income Americans, in particular black and Latino Americans. The … in overall economic well-being and inequality as well as changes in racial economic inequality over the Great Recession …, during the Great Recession racial inequality in terms of the Levy Institute Measure of Economic Well-Being (LIMEW) decreased …
Persistent link: https://www.econbiz.de/10011591483
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Who pays the price of folly? : the business cycle and income and wealth mobility in Spain
Martínez-Toledano, Clara; Law, David; Haugh, David; … - 2019
recession, resulting in a substantial rise in unemployment, and income and wealth inequality. This paper uses longitudinal data …
Persistent link: https://www.econbiz.de/10012111075
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How does monetary policy affect income and wealth inequality? : evidence from quantitative easing in the euro area
Lenza, Michele; Slacalek, Jirka - 2018
This paper studies the effects of quantitative easing on income and wealth of individual euro area households. The aggregate effects of quantitative easing are estimated in a multi-country VAR model of the four largest euro area countries, in which key variables affecting household income and...
Persistent link: https://www.econbiz.de/10011921470
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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 estimate a heterogeneous-agent New-Keynesian (HANK) model with incomplete markets and portfolio choice between liquid and illiquid assets. The model enlarges the set of shocks and...
Persistent link: https://www.econbiz.de/10012162730
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Inequality over the business cycle : the role of distributive shocks
Clemens, Marius; Eydam, Ulrich; Heinemann, Maik - 2020
This paper examines the dynamics of wealth and income inequality along the business cycle and assesses how they are related to fluctuations in the functional income distribution. In a panel estimation for OECD countries between 1970 and 2016 we find that on average income inequality - measured...
Persistent link: https://www.econbiz.de/10012170668
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Cyclical Transactions and Wealth Inequality
Sakong, Jung - 2022
Wealth is distributed more unevenly than income, and one contributing factor might be that richer households earn higher portfolio returns. I uncover one channel that causes portfolio returns to be increasing in wealth: Poorer households consistently buy risky assets in booms—when expected...
Persistent link: https://www.econbiz.de/10013299896
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Redistribution, Power Sharing and Inequality Concern
Debowicz, Dario - 2020
about the way in which the net group transfers and the after-tax Gini coefficient vary with the main parameters of the model …
Persistent link: https://www.econbiz.de/10012854035
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A Quantitative Theory of Political Transitions
Buchheim, Lukas - 2019
We develop a quantitative theory of repeated political transitions driven by revolts and reforms. In the model, the beliefs of disenfranchised citizens play a key role in determining revolutionary pressure, which in interaction with preemptive reforms determine regime dynamics. We study the...
Persistent link: https://www.econbiz.de/10012864275