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We discuss and review literature on the macroeconomic effects of epidemics and pandemics since the late 20th century. First, we cover the role of health in driving economic growth and well-being and discuss standard frameworks for assessing the economic burden of infectious diseases. Second, we...
Persistent link: https://www.econbiz.de/10012322424
This papers quantifies the redistributive effects on progressivity, poverty and welfare, that would occur if the … poverty reducing as the one in force (or more in some dimensions), and a generator of greater welfare. …
Persistent link: https://www.econbiz.de/10012389712
This paper analyses two tax reform bills that are being discussed at the Brazilian National Congress, by comparing them and pointing their advantages and drawbacks. Moreover, the paper provides four empirical contributions to the debate: i) neutral rate estimates for the new Goods and Services...
Persistent link: https://www.econbiz.de/10012616429
from each other. The imputed income from publicly provided education reduces inequality by between 3 and 4 Gini points and …
Persistent link: https://www.econbiz.de/10012616431
2000s. Since the recession, there was a rise in inequality and poverty levels and aggregate welfare decreased. While … transfers and unemployment compensation failed to address rising inequality and poverty in any significant way. At the same time …, Social Security contributed to surprisingly large increases in inequality due to the rise in pensions to the well …
Persistent link: https://www.econbiz.de/10012616508
addressing this challenge and providing methods for ethical poverty, welfare, and inequality comparisons with univariate ordered …
Persistent link: https://www.econbiz.de/10012649290
implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the … distribution has become more relatively equal due to falling inter-country relative inequality, and that by some measures global … "inequality convergence" with previously more equal countries becoming less equal over time and the obverse. We provide support …
Persistent link: https://www.econbiz.de/10010516222
, in addition to outcomes that have two-player analogues, such as social efficiency and the inequality between self and … others. We expect that existing models of social motives can be improved if players are allowed to consider the inequality … between others. Results from two laboratory experiments confirm this: motives for the inequality between others were found …
Persistent link: https://www.econbiz.de/10011709880
inequality and on social welfare. We introduce a model of two regions, where individuals are differentiated by their ability and …, that increases in the rate of interregional redistribution need not generate neither reduced interregional inequality nor … higher social welfare, and secondly, that their effects are highly dependent on the initial state of the economy. In …
Persistent link: https://www.econbiz.de/10010281262
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