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This paper takes as its starting point Henry Neuburger's injunction that taxation must be seen as a contribution to the maintenance of the welfare state, not as a dead-weight burden. It sets recent developments in the UK tax ratio in the context of changes in public spending, particularly on...
Persistent link: https://www.econbiz.de/10011126453
That Britain became more unequal in the last quarter century is well known; the scale of change, less so.At the end of the 1970s, the richest tenth received 21 per cent of total disposable income. This rose to 28-29per cent by 2002-03, as much as the whole of the bottom half. More than half of...
Persistent link: https://www.econbiz.de/10008766020
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This paper takes as its starting point Henry Neuburger's injunction that taxation must be seen as a contribution to the maintenance of the welfare state, not as a dead-weight burden. It sets recent developments in the UK tax ratio in the context of changes in public spending, particularly on...
Persistent link: https://www.econbiz.de/10009201202
Britain is an unequal country, more so than many other industrial countries and more so than a generation ago. This is manifest in many ways - most obviously in the gap between those who are well off and those who are less well off. But inequalities in people's economic positions are also...
Persistent link: https://www.econbiz.de/10009201352
Inequality measurement involves explicit or implicit value judgements. The subjective approach to inequality measurement is a relatively new and fast-developing area which focueses direct attention on these judgements. It is 'subjective' in the sense that it takes accounts of peoples' views on...
Persistent link: https://www.econbiz.de/10010928600
This paper studies cross-country patterns of economic growth from the viewpoint of income distribution dynamics. Such a perspective raises new empirical and theoretical issues in growth analysis: the profound empirical regularity is an \emerging twin peaks" in the cross-sectional distribution,...
Persistent link: https://www.econbiz.de/10010928725
Averaging methods are routinely used in order to limit biases resulting from the mismeasurement of permanent incomes. The Solon/Zimmerman estimator regresses a single-year measurement of the child's resources on a T-period average of the parents' income while the Behrman/Taubman estimator...
Persistent link: https://www.econbiz.de/10010928772