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This paper produces new evidence and stylised facts on housing, wealth accumulation and wealth distribution, relying on … an in-depth analysis of micro-based data on household wealth across OECD countries. The analysis addresses several …-economic characteristics such as income, wealth and age? What is the weight of housing in households’ balance sheets and how does this vary …
Persistent link: https://www.econbiz.de/10012202943
) recommend to consider income, consumption and wealth and to give more prominence to their joint distribution. New household … surveys as those developed as part of the Luxembourg Wealth Study and the Eurosystem Household Finance and Consumption Network … introduced into the EUROMOD simulations such as wealth taxation, incentives for wealth accumulation and asset tests determining …
Persistent link: https://www.econbiz.de/10011982097
Taxing wealth has received increased attention in both the academic and political debate, as a way to reduce inequality … of both income and wealth. However, analytical tools are still underdeveloped when it comes to empirical analyses of … different types of wealth-related taxes and policies. New household surveys as those developed as part of the Eurosystem …
Persistent link: https://www.econbiz.de/10012025203
Tax reforms are crucial to promoting inclusive growth in India. The replacement of a myriad of consumption taxes by a Goods and Services Tax (GST) will boost India's competitiveness, investment, job creation and tax compliance. The potential to raise additional revenue from taxes on goods and...
Persistent link: https://www.econbiz.de/10011700368
Getting tax and transfer systems to efficiently deliver sufficient revenues to achieve macroeconomic targets, address goals in re-distribution and social welfare, encourage employment, accommodate business-competitiveness concerns and incorporate environmental issues is difficult. In Australia,...
Persistent link: https://www.econbiz.de/10011398824
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recession, resulting in a substantial rise in unemployment, and income and wealth inequality. This paper uses longitudinal data … from the Survey of Household Finances over the period 2002 to 2014 to examine the distributions of income and wealth in … both income and wealth following the sharp decline in house prices that occurred since 2008, with house price fluctuations …
Persistent link: https://www.econbiz.de/10012111075