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Latin American countries are generally characterized as displaying high income and earnings inequality overall along with high inequality by gender, race, and ethnicity. However, the latter phenomenon is not a major contributor to the former phenomenon. Using household survey data from four...
Persistent link: https://www.econbiz.de/10005518208
[ES] Este trabajo evalúa la política tributaria vigente en Chile desde la perspectiva del criterio de Igualdad de Oportunidades. Bajo este criterio es deseable actuar para compensar a las personas por las circunstancias en las que nacen, pero es necesario permitir las diferencias originadas...
Persistent link: https://www.econbiz.de/10005518747
This paper reviews three strands of literature on socio-economic intergenerational mobility. The first is a mostly recent and rapidly growing economics literature that measures mobility in labour earnings and income. This approach is compared with two classical sociological approaches that...
Persistent link: https://www.econbiz.de/10005558383
We analyse the change in family gross income inequality between 1951 and 1973. We use two new samples of the Swedish population from 1951 and 1956 containing tax register data, and compare the results with those obtained from the Swedish Level of Living survey from 1967 and 1973. Gini...
Persistent link: https://www.econbiz.de/10005558399
In this chapter we inspect economic mechanisms through which technological progress shapes the degree of inequality among workers in the labor market. A key focus is on the rise of U.S. wage inequality over the past 30 years. However, we also pay attention to how Europe did not experience...
Persistent link: https://www.econbiz.de/10005558544
Persistent link: https://www.econbiz.de/10005558663
The paper uses the 1992 household survey for Bulgaria to show poor revenue performance of the income tax structure prevailing in 1992, which did not take into account the underlying distribution of income. The paper shows that Bulgaria can benefit from a much lower and simpler income tax rate...
Persistent link: https://www.econbiz.de/10005560954
This note extends Lucas' (1987) analysis to assess welfare gains of economic growth and welfare costs of consumption inequality, both within and across countries. We find that the welfare costs of inequality are significantly larger than the gains of economic growth. While the gains of economic...
Persistent link: https://www.econbiz.de/10005561141
Is lifetime inequality mainly due to differences across people established early in life or to differences in luck experienced over the working lifetime? We answer this question within a model that features idiosyncratic shocks to human capital, estimated directly from data, as well as...
Persistent link: https://www.econbiz.de/10005622953
This paper discusses long-term trends in the macroeconomic growth performance and in income distribution in Europe and the U.S. We review insights from the recent macroeconomic literature on inequality and growth and use these insights to shed light on the growth and inequality trends.
Persistent link: https://www.econbiz.de/10005627929