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Başçı, Erdem; Başçı, Sıdıka; Gherby, Tahar - In: Central European review of economics and management : CEREM 5 (2021) 4, pp. 96-115

channels of sovereign money growth regarding their impact on wealth distribution and inflation. Design / Research Methods: To …

Persistent link: https://www.econbiz.de/10013202352

On the role of luck for the concentration of capital and Piketty's 'fundamental force of divergence'

Vilks, Arnis - In: Review of Economic Analysis : REA 17 (2025) 1, pp. 37-67

We consider an overlapping generations version of a model suggested by Fargione, Lehmann and Polasky that allows us to show, by means of simulations, that randomness of the rate of return on capital, combined with inheritance of capital and consumption being a concave function of wealth may lead...

Persistent link: https://www.econbiz.de/10015386914

Immobilien und Ungleichheit

Bartels, Charlotte; Maaßen, Lotte - In: Vierteljahrshefte zur Wirtschaftsforschung 91 (2022) 1, pp. 41-54

Seit Mitte des 20. Jahrhunderts nimmt die makroökonomische Bedeutung von Immobilienvermögen in vielen Ländern zu. Ins Blickfeld rückt damit auch die Verteilung des Immobilienvermögens und ihr Einfluss auf die Vermögens- und Einkommensungleichheit. In unserem Beitrag beleuchten wir...

Persistent link: https://www.econbiz.de/10014281341

Tax bracket creep and its effects on income distribution

Heer, Burkhard; Süssmuth, Bernd - In: Journal of Macroeconomics 38 (2013) PB, pp. 393-408

We quantitatively analyze the way inflation alters the inequality of the income distribution in the U.S. economy. The … main mechanism emphasized in this paper is the “bracket creep” effect according to which inflation pushes income into …, we study time series from the U.S. economy. As our central result we find that irrespective of the level of inflation …

Persistent link: https://www.econbiz.de/10011065315

Chapter 5 The Economic Theory of Gift-Giving: Perfect Substitutability of Transfers and Redistribution of Wealth

Mercier Ythier, Jean - In: Handbook of the economics of giving, altruism and …, (pp. 227-369). 2006

This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic … analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent … voluntary redistribution of income or wealth. The theory concentrates on lump-sum voluntary transfers, individual or collective …

Persistent link: https://www.econbiz.de/10014023678

Chapter 14. Inequality in Macroeconomics

Quadrini, Vincenzo; Ríos-Rull, José-Víctor - In: Handbook of income distribution : volume 2, (pp. 1229-1302). 2015

Persistent link: https://www.econbiz.de/10014025331

Optimal progressivity of personal income tax : a general equilibrium evaluation for Spain

Serrano-Puente, Darío - In: SERIEs : Journal of the Spanish Economic Association 11 (2020) 4, pp. 407-455

Is the Spanish economy positioned at its optimal progressivity level in personal income tax? This article quantifies the aggregate, distributional, and welfare consequences of moving toward such an optimal level. A heterogeneous households general equilibrium model featuring both life cycle and...

Persistent link: https://www.econbiz.de/10012389033

Permanent‐income inequality

Abbott, Brant; Gallipoli, Giovanni - In: Quantitative economics : QE ; journal of the … 13 (2022) 3, pp. 1023-1060

Through certainty equivalent consumption (CE) measures, we show that dispersion of current earnings, expenditures, and net worth overstate welfare inequality. This is largely due to the unaccounted value of future earnings, which we call human wealth. The latter mitigates permanent‐income...

Persistent link: https://www.econbiz.de/10013382060

Household portfolios in Türkiye : results from the household finance and consumption survey

Ceritoǧlu, Evren; Cilasun, Seyit Mümin; … - In: Central Bank review / Central Bank of the Republic of Turkey 23 (2023) 4, pp. 1-17

This paper analyzes the distribution of household portfolios in Türkiye using a fresh data set, the Central Bank of the Republic of Türkiye - Household Finance and Consumption Survey. The empirical analysis concentrates on the motives behind household saving preferences and the distribution of...

Persistent link: https://www.econbiz.de/10014479723

Rank-correlations are not robust to differences in group inequality

Gandil, Mikkel Høst - In: Journal of economic inequality 21 (2023) 1, pp. 201-217

Persistent link: https://www.econbiz.de/10014265753