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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...
Persistent link: https://www.econbiz.de/10011288530
What has happened to inequality between and within countries since 1990? In this paper we explore who have been the … winners and losers from global growth since 1990. We find that falls in total global inequality in the last 30 years are …
Persistent link: https://www.econbiz.de/10010251665
A model is developed for peasant households in land abundant areas who choose between two technologies for land preparation: a manual one and one using draught animals. For draught a minimum number of animals is required so that a technological non convexity exists. It follows that certain...
Persistent link: https://www.econbiz.de/10011453277
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...
Persistent link: https://www.econbiz.de/10010459794
In this paper, we present updated measures of racial disparities in wealth using the most recent data from the Survey of Consumer Finances (SCF), augmented by household-level estimates of defined benefit (DB) pension wealth developed by Sabelhaus and Volz (2020). Including this important asset,...
Persistent link: https://www.econbiz.de/10012818818
This study seeks to add to the research on inequality in least developed countries, namely in Mozambique, by measuring … and mapping indicators of horizontal wealth inequality along geographic regions and ethnolinguistic identities. Using … census data for 1997, 2007, and 2017, we identify possible intersecting inequalities, measuring between-group inequality …
Persistent link: https://www.econbiz.de/10012550308
We document the intergenerational persistence of wealth between adult offspring and their parent's using the Wealth and Assets Survey for Great Britain. We estimate an intergenerational wealth elasticity of 0.4 and rank-rank elasticity of 0.3 and find wealth persistence for individuals in their...
Persistent link: https://www.econbiz.de/10012584703
mobility. We show the change in the intergenerational persistence in wealth in Great Britain is due to inequality in offspring …
Persistent link: https://www.econbiz.de/10012815604
The article is concerned with understanding the impact of social preferences and wealth inequality on aggregate … microeconomic level and how these in turn translate into macroeconomic outcomes. Increasing the workers' sensitivity to inequality … wealth differences raise aggregate profit and output but entail distributional utility losses and increased inequality …
Persistent link: https://www.econbiz.de/10012421506
. We show that increasing inequality promotes increasing gap r - g, and vice-versa, because capital is a cumulative … endless inequality spiral. …
Persistent link: https://www.econbiz.de/10011625600