Showing 1 - 10 of 336
The inheritance tax is often seen as an effective tool to reduce wealth inequality, to raise public budgets if needed … tool for fighting wealth inequality without having distorting effects for the economy. For this purpose, the distributional …
Persistent link: https://www.econbiz.de/10012287840
This paper explores if more generous social spending polices in fact lead to less income inequality, or if … with regard to inequality levels, I apply the System GMM estimator and use the presumably random incidence of certain … reduces inequality levels. The result is robust with respect to the instrument count and different data restrictions. Looking …
Persistent link: https://www.econbiz.de/10010271422
We reassess the empirical effects of income and employment on self-reported well-being. Our analysis makes use of a two-step estimation procedure that allows applying instrumental variable regressions with ordinal observable data. As suggested by the theory of incomplete markets, we...
Persistent link: https://www.econbiz.de/10010329434
A common assumption in the optimal taxation literature is that the social planner maximizes a welfarist social welfare function with weights decreasing with income. However, high transfer withdrawal rates in many countries imply very low weights for the working poor in practice. We reconcile...
Persistent link: https://www.econbiz.de/10011892117
' consumption. Like in studies of income and wealth inequality, we also see a slight upward trend in consumption inequality that …
Persistent link: https://www.econbiz.de/10011528018
I study tax avoidance along the income distribution based on micro data from the Income and Consumption Survey (EVS) for the year 2013. The richness of the survey concerning income, taxes and expenditures is exploited by modelling the German tax code in terms of the items available in the EVS....
Persistent link: https://www.econbiz.de/10012099112
We use data on 180,000 households in the Swiss Canton of Bern and the years 2008-2013 to analyse whether one instrument (the income tax) vs. two instruments (income tax and public utility pricing) are adequate for income redistribution. The results of our structural estimation show that under...
Persistent link: https://www.econbiz.de/10011712651
concentration indices for socioeconomic inequality in health based on the European Community Household Panel (ECHP) is presented … WORDS: Inequality, Health, Social Capital, European Community Household Panel, Ordered probit. JEL CATEGORY: D31, D63, I10 …
Persistent link: https://www.econbiz.de/10011318848
We investigate the effects of wealth inequality on the incentives to contribute to a public good or a team output when … agents are inequity averse. We show that inequality may increase total output when it favors the more able agents. Moreover …, the more inequity averse the agents, the larger should be the inequality in wealth if total output is to be maximized. …
Persistent link: https://www.econbiz.de/10010270183
This paper presents an analysis of bureaucratic corruption, income inequality and economic development. The analysis is … model predicts a positive relationship between corruption and inequality, and a negative relationship between corruption and …
Persistent link: https://www.econbiz.de/10010295968