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Individuals vary considerably in how much they earn during their lifetimes. This study examines the role of the tax-and-transfer system in mitigating such inequalities, which could otherwise lead to disparities in living standards. Utilizing a life-cycle model, we determine that taxes and...
Persistent link: https://www.econbiz.de/10014427523
We introduce a skewness-based approach to measure tax progression and demand for redistribution. We provide a political … redistribution (Meltzer and Richard, 1981) and the Prospect Of Upward Mobility (POUM) mechanism (Benabou and Ok, 2001), as well as … enough that the observed redistribution (or lack thereof) could be consistent with the POUM hypothesis, more recent periods …
Persistent link: https://www.econbiz.de/10012934159
Poor growth performance over the past decades in Europe has increased concerns for rising income dispersion and social exclusion. European authorities have recently launched the Europe 2020 strategy which aims to improve social inclusion in Europe on top of already existing European regional...
Persistent link: https://www.econbiz.de/10009690154
carbon emission reduction than redistribution (inequality reduction by transfers). However, those countries who contribute …-distribution decreases or does not affect the carbon emissions of the biggest global polluters. Redistribution, on the other hand, exhibits …
Persistent link: https://www.econbiz.de/10014556641
deal with vertical inequality - that is, fostering redistribution from the rich to the poor - less is known about their … individuals may not only care about vertical redistribution, but also about the economic situation of the specific groups they … belong to, the horizontal dimension of redistribution becomes politically salient and can be a source of social tensions. We …
Persistent link: https://www.econbiz.de/10011962206
Does socioeconomic diversity affect individuals' preferences for redistribution? I exploit exogenous variation in … accurate perceptions of poverty and inequality and stronger support for redistribution …
Persistent link: https://www.econbiz.de/10012854995
, this paper, building upon the opportunity egalitarian theory, proposes new equity criteria which take into account also the …
Persistent link: https://www.econbiz.de/10010438896
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link … between globalization and income inequality differs across different groups of countries. There is a robust positive …
Persistent link: https://www.econbiz.de/10011794029
redistribution. The redistributive role of direct taxation has declined with the introduction of a flat tax and social spending is …
Persistent link: https://www.econbiz.de/10012823674
income redistribution through taxes and transfers in accounting for differences in inequality across regions and historical …
Persistent link: https://www.econbiz.de/10013235206