Showing 11 - 20 of 201,422
Recent studies of economic inequality almost always separately examine income, consumption, and wealth inequality and … households cannot smooth consumption as much as other households do, which further implies that increasing wealth inequality … of Income Dynamics data from 1999 through 2013, we examine whether these changes are more dramatic at higher or lower …
Persistent link: https://www.econbiz.de/10011995764
Persistent link: https://www.econbiz.de/10012509087
transitional phase of increasing wealth inequality, which characterizes the current state of high-income countries: The wealth … share of capitalists rises to over 60%, the wealth-to-income ratio increases, and income inequality rises. Finally, we show …If Piketty's main theoretical prediction (r>g leads to rising wealth inequality) is taken to its radical conclusion …
Persistent link: https://www.econbiz.de/10011927150
evolution of wealth inequality measures. Our findings suggest that expansionary monetary policy shocks lead to an increase in … wealth inequality and contributed significantly to its fluctuations. This effect is heterogenous across the wealth …We use detailed micro information at household level from the Wealth and Assets Survey to construct measures of wealth …
Persistent link: https://www.econbiz.de/10012120339
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that, with the exception of …
Persistent link: https://www.econbiz.de/10011288530
inequality. In high income countries, the evidence that income (wealth) does have a causal impact on health in adulthood is weak … distribution of health in a population contributes to income inequality and is itself a product of that inequality. The evidence … difficult to gauge the magnitude of the contribution this makes to income inequality. Variation in exposure to health risks …
Persistent link: https://www.econbiz.de/10010224791
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that the percentage of …
Persistent link: https://www.econbiz.de/10010459794
This paper is the first to compare global trends in income and wealth inequality this century. It is based on large … income and wealth microdata samples designed to be representative of all countries in the world. Measured by the Gini … coefficient, inequality between countries accounts for about two-thirds of global income inequality, but noticeably less - around …
Persistent link: https://www.econbiz.de/10011947029
distribution of health in a population contributes to income inequality and is itself a product of that inequality. The evidence …-health’s contribution to income inequality is difficult to gauge. Variation in exposure to health risks early in life could be an important … within the domain of health, then economic inequality will generate health inequality. In high-income countries, the evidence …
Persistent link: https://www.econbiz.de/10014025328
top 10 percent account for almost half of income and two-thirds of wealth. In other words, the rich played a critical role … rich followed a similar pattern, the result of wealth effects associated with a boom-bust in asset prices. Indeed, the … swings in saving by the rich must actually have played the most important role in the consumption boom-bust, since since the …
Persistent link: https://www.econbiz.de/10013028679