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are taken into account and rent is generated. This hypothesis, which is a macro engine for inequality, creates a gap …
Persistent link: https://www.econbiz.de/10011865744
processes or utility. Accounting for the value of human capital delivers a different view of inequality: (i) in 2016 the top 10 … on inequality, but this effect has waned over time due to the growing importance of assets in lifetime wealth portfolios …
Persistent link: https://www.econbiz.de/10012183332
net worth overstate welfare inequality. This is largely due to the unaccounted value of future earnings, which we call … human wealth. The latter mitigates permanent‐income inequality, though its influence is diminished by the growing importance … of assets in lifetime wealth. Average expenditures and CE inequality roughly doubled between 1983 and 2016 and, to weigh …
Persistent link: https://www.econbiz.de/10013382060
Although income inequality has been studied extensively, relatively little attention has been paid to the role of … find this to be true, but not for the reason predicted by theory. Virtually all of the decline in measured inequality, when …
Persistent link: https://www.econbiz.de/10010273824
conceptual and measurement problems. Among the conceptual issues considered are the space in which gender inequality in well … measures of well-being by the gender inequality in well-being, whether gender equality in every indicator is necessarily the … goal, how to assess gender inequality that is apparently desired by males and females, and what role indicators of agency …
Persistent link: https://www.econbiz.de/10010279271
We provide a critique of the standard methodology which bases welfare comparisons between households on deflating household income and consumption by an equivalence scale. We argue that this leads to support for tax/transfer policies that significantly disadvantage low to middle in-come...
Persistent link: https://www.econbiz.de/10012269448
We provide a critique of the standard methodology which bases welfare comparisons between households on deflating household income and consumption by an equivalence scale. We argue that this leads to support for tax/transfer policies that significantly disadvantage low to middle income...
Persistent link: https://www.econbiz.de/10012270004
This paper aims at providing new evidence over the effect of conventional monetary policy shocks on wage inequality …
Persistent link: https://www.econbiz.de/10012424073
This paper revisits the link between education-based marriage market sorting and income inequality. Leveraging Danish … ambition over time, which explains more than 40% of increasing inequality since 1980. In contrast, sorting trends are flat with … conclusions about the role of marital sorting in rising income inequality. …
Persistent link: https://www.econbiz.de/10014296656
information on incomes starting in the mid-1980s. Results show that increased inequality is mainly in pre-governmental income and … increasing labor market inequality is further intensified by decreasing redistributive activities of private households. Intra …-household earnings analyses reveal that despite rising female labor market participation, intra-household inequality has remained …
Persistent link: https://www.econbiz.de/10014363030