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redistribution in a comparative setting. We use micro-data from the Luxembourg Income Study to examine household market inequality … increase in primary household inequality in all 20 countries over the last 25 years (except Ireland). In most countries, the … income inequality, although they appear to have become less effective in doing so since the mid-1990s. We find that the …
Persistent link: https://www.econbiz.de/10011107360
Understanding chronic poverty and its evolution is complex given the amount of information involved. This paper … proposes a new approach to analysing the evolution of chronic poverty in a multivariate setting using a Shapley decomposition … of a multidimensional chronic poverty measure proposed by Alkire and colleagues. This makes it possible to assess a vast …
Persistent link: https://www.econbiz.de/10010468558
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method allowing us to … inequality by increasing the income share of the top 20% in contrast to the middle class' share. The tax policy effect accounts … for up to 29% of the total change in inequality; its contribution increases up to 41% if we take into account behavioral …
Persistent link: https://www.econbiz.de/10010329226
The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more extensive reform programs. We argue that the heart of...
Persistent link: https://www.econbiz.de/10010273118
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method that allows us to …
Persistent link: https://www.econbiz.de/10010278404
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method that allows us to … tax policy effect aggravated income inequality by increasing the income share of the top 20% in contrast to the middle … class' share. The tax policy effect accounts for up to 29% of the total change in inequality; its contribution increases up …
Persistent link: https://www.econbiz.de/10010291407
We solve the problem of a social planner who seeks to minimize inequality via transfers with a fixed public budget in a …
Persistent link: https://www.econbiz.de/10011513116
Do people prefer a society with an extensive social welfare system with high taxes, or low taxes but lax redistributive policies' Although economists have for a long time investigated the trade-off mechanism between equity and efficiency, surprisingly little information is available about...
Persistent link: https://www.econbiz.de/10012168221
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government …-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve … along this pattern, a vicious cycle could form with reduced social concern amplifying primal increases in inequality due to …
Persistent link: https://www.econbiz.de/10012148202
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method allowing us to … inequality by increasing the income share of the top 20% in contrast to the middle class' share. The tax policy effect accounts … for up to 29% of the total change in inequality; its contribution increases up to 41% if we take into account behavioral …
Persistent link: https://www.econbiz.de/10010229895