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This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that, with the exception of …
Persistent link: https://www.econbiz.de/10011288530
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that the percentage of …
Persistent link: https://www.econbiz.de/10010459794
This paper is about “Capital in the Twenty-first Century” by Thomas Piketty. It identifies his central macroeconomic claims and examines them, arguing that the contentions are theoretically and empirically unwarranted.
Persistent link: https://www.econbiz.de/10010349913
income. We argue that instead of using yearly income, one should measure wealth tax burdens with respect to individual … concept can be established. Under our preferred income concept, the wealth tax shows advantageous distributional effects - it …Recent books by Thomas Piketty (Piketty, 2014) and Anthony Atkinson (Atkinson, 2015) have brought the annual wealth tax …
Persistent link: https://www.econbiz.de/10011717186
high correlation between earnings and wealth in the data, as well as the fact that earnings are a major source of income … for top income and wealth groups. … bequests as potential determinants of the high level of wealth concentration in the US. Analyzing the joint distribution of …
Persistent link: https://www.econbiz.de/10012194632
particular interest to economists, namely income and wealth and (b) to discuss issues in relation to their use, in particular … with respect to missing data. We describe how the income and wealth data were collected. We assess the quality of the … consider the relationship between income/wealth and life satisfaction, another variable captured in TILDA. We find that income …
Persistent link: https://www.econbiz.de/10009740282
individuals' fairness perceptions regarding wealth inequality. It begins from the premise that prominent measures of inequality …'s contribution highlights the importance of 'intuitive' measures of political matters such as wealth inequality. It further indicates …
Persistent link: https://www.econbiz.de/10014314736
, income and welfare state policies in explaining differences in household net wealth within and between euro area countries … wealth percentiles. At the same time, each additional percentile in the income distribution is associated with about 0.4 net … these households have considerably higher net wealth than those which did not inherit. Second, regression analyses on …
Persistent link: https://www.econbiz.de/10013014961
behaviours along the wealth distribution in France, Finland, Germany, Greece, Italy, Slovakia and Spain. The effect of income or …This article aims at linking the household wealth and income distributions for 15 European countries using the … the position in the income distribution and by intergenerational transfers on the probability to be in a given wealth …
Persistent link: https://www.econbiz.de/10013050546
the wealth distribution in France, Finland, Germany, Greece, Italy, Slovakia and Spain. The relative effect of income or …This article aims at linking the household wealth and income distributions for 15 European countries using the … the position in the income distribution and by intergenerational transfers on the probability to be in a given wealth …
Persistent link: https://www.econbiz.de/10013053420