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country. The positive impact of price stability on income distribution is nonlinear. The reduction in inflation from … hyperinflationary levels significantly lowers income inequality, while further reduction toward a very low level of inflation seems to …
Persistent link: https://www.econbiz.de/10012783401
and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …
Persistent link: https://www.econbiz.de/10013320791
of regular wage adjustments within job spells. As the Argentine economy transitioned from low to high inflation, the …
Persistent link: https://www.econbiz.de/10012592395
We present new empirical evidence for the US economy that inflation reduces the inequality of the earnings distribution … higher inflation on income distribution is shown to be rather small. However, we find that a longer duration between two …
Persistent link: https://www.econbiz.de/10001775080
and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …
Persistent link: https://www.econbiz.de/10001635474
When measuring income inequality over long periods of time, accounting for population and productivity growth is important. This paper presents three alternative measures of top income shares that more explicitly account for population and income growth than the standard measure. We apply these...
Persistent link: https://www.econbiz.de/10011939792
Croatia. Using miCROmod - the Croatian tax-benefit microsimulation model, a comparative analysis of benefits and their …
Persistent link: https://www.econbiz.de/10011926142
under various inflation scenarios. We develop a tax micro-simulation model for the newly available Panel on Household … insurance contribution system with respect to the inflation rate, which contrasts with Immervoll (2005) who finds that fiscal …-tax income substantially. Allowing inflation compensation to lean towards the poor by boosting their share of capital income may …
Persistent link: https://www.econbiz.de/10011381623
This paper studies the redistributive and revenue effects of bracket creep in Germany under various inflation scenarios … effect of the tax system with respect to the inflation rate, which contrasts Immervoll (2005) who finds that the fiscal drag … simulation environment, this rate can reach above 75% with four years' inaction on 4% annual inflation. When this rich tax can be …
Persistent link: https://www.econbiz.de/10010385846
Persistent link: https://www.econbiz.de/10012224070