This paper examines whether and how socio-economic status is associated withchildren’s behavioural development in today’s children. Using a large cohort ofEnglish children born in the early 1990s we find significant social inequalities inseveral dimensions of child behaviour at age 7. We...

This paper examines the distribution of the “social wage” benefits inkind from welfare services, including the National Health Service, stateeducation, social housing, and personal social services. The currentGovernment has put a strong emphasis on improving public servicesand has begun to...

Income mobility is often thought to equalize permanent incomes and thereby to improvesocial welfare. The welfare analysis of mobility often fails, however, to account for the cost ofthe variability of periodic incomes around permanent incomes. This paper assesses the netwelfare benefit of...

This paper proposes an equilibrium theory of the organization of work in an economy with animplicit market for productive time. In this economy, agents have limited productive time andcan choose to produce in autarky, buy productive time from helpers to increase ownproduction or, sell their...

This paper investigates to what extent the tax and transfer systems in Europe protecthouseholds at different income levels against losses in current income caused by economicdownturns like the present financial crisis. We use a multi country micro simulation model toanalyse how shocks on market...

How do different components of the tax and transfer systems affect disposable incomeinequality? This paper explores the redistributive effects of different tax benefit instruments inthe enlarged EU based on two approaches. Inequality analysis based on the standardapproach suggests that benefits...

Using counterfactual microsimulations, Shapley decompositions of time change in inequalityand poverty indices make it possible to disentangle and quantify the relative effect of taxbenefitpolicy changes, compared to all other effects including shifts in the distribution ofmarket income. Using...

We analyze a two-task work environment with risk-neutral but inequality averse individuals. For the agent employed in task 2 effort is verifiable, while in task 1 it is not. Accordingly, agent 1 receives an incentive contract which, due to his wealth constraint, leads to a rent that the other...

This paper estimates trends in absolute poverty in urban China from 1988 to 2002 using the Chinese Household Income Project (CHIP) surveys. Poverty incidence curves are plotted, showing that poverty has fallen markedly during the period regardless of the exact location of the poverty line...

This paper proposes a new unified theory of sociobehavioral forces. The goal of the new theory isto integrate theories describing five sociobehavioral processes - comparison (including justiceand self-esteem), status, power, identity, and happiness - bringing under a single theoreticalumbrella...