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Monetary policy has implicit redistribution effects for households when households are different. This changes the aggregate consumption response to interest rate changes. This paper is the first to estimate the magnitude of redistributionary channels of monetary policy in the euro area. When...
Persistent link: https://www.econbiz.de/10014563982
, we first review the empirical literature on intergenerational mobility and inequality of opportunity for the region … a paucity of representative datasets containing linked information on parents and children, the inequality of …-post conception of inequality of opportunity are introduced to address this shortcoming. They yield a set of new inequality of …
Persistent link: https://www.econbiz.de/10014564064
A key challenge for policymakers is how to design methods to select beneficiaries of social programs when income is volatile and the target population is dynamic. We evaluate a traditional static proxy-means test (PMT) and three policy-relevant alternatives. We use a unique panel dataset of a...
Persistent link: https://www.econbiz.de/10014564105
1980, and that ignoring the link between inequality and job creation understates welfare effects of income redistribution. …
Persistent link: https://www.econbiz.de/10013277476
reveals that not taking into account the link between inequality and job creation understates the welfare effects of income …
Persistent link: https://www.econbiz.de/10014081501
individual households' consumption policy functions, which reflects inequality. …
Persistent link: https://www.econbiz.de/10014333331
Better understanding of inequality, including its relationship to governance and other key outcomes, is relevant both … draws on newly available data on income inequality in Viet Nam at the provincial level to show how unsupervised learning … techniques might be used as tools in consideration of the relationship between inequality and governance. While previous …
Persistent link: https://www.econbiz.de/10014577307
Better understanding of inequality, including its relationship to governance and other key outcomes, is relevant both … draws on newly available data on income inequality in Viet Nam at the provincial level to show how unsupervised learning … techniques might be used as tools in consideration of the relationship between inequality and governance. While previous …
Persistent link: https://www.econbiz.de/10014555740
A perception at the core of studies that consider the link between social rank and stress (typically measured by the so-called stress hormone cortisol) is that the link is direct. Examples of such studies are Bartolomucci (2007), Beery and Kaufer (2015), and Koolhaas et al. (2017). A recent and...
Persistent link: https://www.econbiz.de/10014545099
Individuals with extensive debt may be granted debt relief in court. We provide a comprehensive evaluation of the Danish debt relief program with data from court records linked to nationwide register data. Using event-study methods and quasi-random assignment of applicants to court trustees with...
Persistent link: https://www.econbiz.de/10014545212