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This paper introduces a theory-based equivalence scale for public in-kind transfers, which justifies comparison of distributions of extended income (cash income plus the value of public services) between European countries. We demonstrate the usefulness of the proposed equivalence scale in an...
Persistent link: https://www.econbiz.de/10013480198
Despite macroeconomic evidence pointing to a negative aggregate consumption response due to political uncertainty, few papers have used microeconomic panel data to analyze how households adjust their consumption after an uncertainty shock. We study household savings and expenditure adjustment...
Persistent link: https://www.econbiz.de/10010481576
Empirical models of labour supply adopting the collective approach have commonly used the decentralized representation and a reduced form specification of the sharing rule. This procedure has two crucial drawbacks that in principle make it inappropriate for the very same type of applications...
Persistent link: https://www.econbiz.de/10010500337
This project employs the theory of opportunity, described in Roemer''s book (Equality of Opportunity, Harvard University Press, 1998), to compute the extent to which tax-and-transfer regimes in ten countries equalize opportunities among citizens for income acquisition. Roughly speaking, equality...
Persistent link: https://www.econbiz.de/10010318598
This paper is concerned with the problem of ranking and quantifying the extent of deprivation exhibited by multidimensional distributions, where the multiple attributes in which an individual can be deprived are represented by dichotomized variables. To this end we first aggregate deprivation...
Persistent link: https://www.econbiz.de/10010282493
A crucial issue in efficiency-equality evaluations of tax reforms resides in the possibility that the level as well as the distribution of welfare may change, where the household-specific measures of welfare capture the value of income as well as the value of leisure. A better-designed...
Persistent link: https://www.econbiz.de/10010284256
The percentage of poor among immigrants to Norway is much higher than the percentage among the native population so that immigrant status and ethnic origin may help to explain to some degree the continuing existence of poverty in Norway, an affluent country known for its relatively low income...
Persistent link: https://www.econbiz.de/10010284334
As is known from the economic literature, the notion of negative/positive duration dependence defined in terms of a decreasing/increasing hazard function can solely be used as a basis for revealing whether negative/positive duration dependence is present or not. However, when concern is directed...
Persistent link: https://www.econbiz.de/10010284452
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