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We analyze the effect of some circumstances, i.e. exogenously determined individual characteristics, over individual income and likewise over achieved years of education. Gathering information for Bolivia and applying the theoretical scheme of Equality of Opportunity, this paper identifies as...
Persistent link: https://www.econbiz.de/10011703371
The main goal of this paper is to document and analyze the long-term evolution of inequality of opportunity (IOp) in the four largest European economies (France, Germany, Great Britain and Italy). Relative IOp represents an important portion of total income inequality, with values ranging from...
Persistent link: https://www.econbiz.de/10012193223
This paper considers the phenomenon of income mobility during the process of economic transition in Russia. The study is based on the Russian Longitudinal Monitoring Survey (RLMS) data. The process of economic transition has generated sharp changes in the distribution of income among Russian...
Persistent link: https://www.econbiz.de/10014146337
The literature on intergenerational income mobility uses a diverse set of measures and there is limited knowledge about whether these measures provide similar information and yield similar conclusions. We provide a framework to highlight the key concepts and properties of the different...
Persistent link: https://www.econbiz.de/10014048669
People who believe that their society has few impediments to upward mobility tend to oppose governmental redistribution. This is true even among the poor. Is this because people with this belief expect to be well off in the future, and hence oppose redistribution on self-interested gounds? Or is...
Persistent link: https://www.econbiz.de/10014067868
This paper departs from John Roemer's theory of equality of opportunities. We seek to determine what part of observed outcome inequality may be attributed to differences in observed 'circumstances', including family background, and what part is due to 'personal efforts'. We use a...
Persistent link: https://www.econbiz.de/10014073559
Aggregate measures such as income per capita or Gini index have limitations to answer how much of households are better or worse off following booms and busts, or crises and recoveries. However, intragenerational absolute income mobility, defined as the percent of households with higher income...
Persistent link: https://www.econbiz.de/10013306631
While inequality of opportunity (IOp) in earnings is well studied, the literature on IOp in individual net wealth is scarce to non-existent. This is problematic because both theoretical and empirical evidence show that the position in the wealth and income distribution can significantly diverge....
Persistent link: https://www.econbiz.de/10014390537
While inequality of opportunity (IOp) in earnings is well studied, the literature on IOp in individual net wealth is scarce to non-existent. This is problematic because both theoretical and empirical evidence show that the position in the wealth and income distribution can significantly diverge....
Persistent link: https://www.econbiz.de/10014375149
87 percent of Canadians who in 1990 had incomes in the lowest quintile, in 2009 had incomes that placed them in higher quintiles. Of those in the highest quintile, 36 percent had moved to lower ones. All Canadians have been getting richer, the poor more than the rich; the middle class has not...
Persistent link: https://www.econbiz.de/10013030964