Showing 1 - 10 of 4,252
This paper aims to explore how housing allowances and mortgage interest tax relief have evolved in recent years, against the background of falling disposable incomes and rising housing costs. The analysis focuses on seven EU countries (Greece, Italy, Austria, Hungary, the Netherlands, Sweden and...
Persistent link: https://www.econbiz.de/10012028976
On the basis of anonymous (or cross-sectional) analyses, income losses during the Great Recession in a number of European countries were concentrated among the poorest ten per cent of the population. The anonymous approach however, which simply compares the distribution of income at two points...
Persistent link: https://www.econbiz.de/10011445440
We propose a general framework to unambiguously compare distributions functions in an economically interpretable way. Our framework provides complete ranking of any set of distributions and money metric interpretation of the social welfare level of a dominating distribution as compared to a...
Persistent link: https://www.econbiz.de/10010402566
When is one distribution (of income, consumption, or some other economic variable) more equal or better than another? This question has proven difficult to answer in situations where distribution functions intersect and no unambiguous ranking can be attained without introducing weaker criteria...
Persistent link: https://www.econbiz.de/10010212989
The objective of this text is to rescue the perspective of social welfare macro sectorial analysis. The emergence of social security and the interrelation among social security, social assistance and health policies are analyzed, at first, from a historical and conceptual perspective and...
Persistent link: https://www.econbiz.de/10014391353
Normative-based distributional comparisons across countries and over time usually build upon the assumption that individuals are selfish. However, there is a consolidated evidence that individuals also care about what others have. In this paper we propose a framework for comparing and ranking...
Persistent link: https://www.econbiz.de/10012285199
This article comments on the role of empirical subjective well-being research in public policy within a constitutional, procedural perspective of government and state. It rejects the idea that, based on the promises of the measurement, we should adopt a new policy perspective that is oriented...
Persistent link: https://www.econbiz.de/10012118051
Empirical welfare analyses often impose stringent parametric assumptions on individuals' preferences and neglect unobserved preference heterogeneity. In this paper, we develop a framework to conduct individual and social welfare analysis for discrete choice that does not suffer from these...
Persistent link: https://www.econbiz.de/10012513281
This paper reexamines the design of the optimal lockdown strategy by paying attention to its robustness to the postulated social welfare criterion. We first characterize optimal lockdown under utilitarianism, and we show that this social criterion can, under some conditions, imply a COVID-19...
Persistent link: https://www.econbiz.de/10012313558
This paper adds three dimensions to the received literature: it models migration when the individuals' preferences regarding their relative income are ordinal, it works out the resulting spatial steady state distribution of the individuals, and it shows that the aggregate of the individuals'...
Persistent link: https://www.econbiz.de/10011596097