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The marginal social value of income redistribution is understood to depend on both the concavity of individuals … redistribution, as might be expected, whereas concavity of the social welfare function has a more subtle influence, one that in some …
Persistent link: https://www.econbiz.de/10014074750
The marginal social value of income redistribution is understood to depend on both the concavity of individuals … redistribution, as might be expected, whereas concavity of the social welfare function has a more subtle influence, one that in some …
Persistent link: https://www.econbiz.de/10014075235
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic … voluntary redistribution of income or wealth. The theory concentrates on lump-sum voluntary transfers, individual or collective … poor and indifferent to each other. Section 6 reviews the theory of Pareto-efficient redistribution in pure distributive …
Persistent link: https://www.econbiz.de/10014023678
In this paper we try to provide an overview of a series of simple descriptive facts on recent trends in economic inequality in Germany. We believe that it is important to be precise in the way in which we define the inequality measure and the sample we use, to avoid generating vague messages...
Persistent link: https://www.econbiz.de/10011487003
As embodied in the concept of "inequality extraction" (Branko Milanovic), it is not possible to increase inequality (especially income inequality) in a society sustainably to levels beyond what is actually socially acceptable (and even less to levels endangering physical subsistence of parts of...
Persistent link: https://www.econbiz.de/10011644643
Most evidence on the long-run evolution of income inequality is restricted to top income shares. While this evidence is relevant and important for studying the concentration of economic power, it is incomplete as an informational basis for analysing inequality in the income distribution as a...
Persistent link: https://www.econbiz.de/10012214482
We consider the impact of the two recent economic crises, one that resulted from the great recession of 2007-2009 and one following the COVID-19 pandemic, on income inequality and the risk of poverty in Greece. To this end, we also investigate the key macroeconomic variables affecting the Greek...
Persistent link: https://www.econbiz.de/10014321081
Deutschland ist ein Land, das kräftig von oben nach unten umverteilt, innerhalb von Haushalten, durch Steuern und Transfers sowie auch durch die Bereitstellung öffentlicher Güter: In kaum einem anderen Land ist die Differenz zwischen der Ungleichheit der Brutto- und Nettoeinkommen größer...
Persistent link: https://www.econbiz.de/10011694015
This paper analyzes the impact of fiscal federalism on income inequality and redistribution. Theoretically … concentration in pre- and after-tax income without additional redistribution via progressive taxes. It is, however, crucial to …
Persistent link: https://www.econbiz.de/10011942832
transfers into a vertical equity effect and a loss of redistribution due to either classical HI or reranking. An inequality … decomposable across groups. As in recent work, equals are identified through a nonparametric estimation of the joint density of … erosion of redistribution attributable both to classical HI and to reranking, but does not reveal which of reranking or …
Persistent link: https://www.econbiz.de/10014128473