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equality preferences of the rich and poor respondents. It turns out that in countries with high income and wealth inequalities …
Persistent link: https://www.econbiz.de/10014260153
merit, and iii) whether individuals are informed about their relative wealth position in the society or not. We find that …
Persistent link: https://www.econbiz.de/10014260326
Proponents of a basic income (BI) claim that it could bring significant reductions in financial poverty, on top of many other benefits, including greatly reduced administrative complexity and cost. Using microsimulation analysis in a comparative two-country setting, we show that the potential...
Persistent link: https://www.econbiz.de/10014260952
Studies have shown that the previously growing inequality in China has stabilized and even declined since 2008 (Kanbur et al., 2021), nevertheless, the drivers of the latest trans-formation in income inequality remain to be unraveled. We address this research gap by examining the changes in the...
Persistent link: https://www.econbiz.de/10014261694
We contribute new UK evidence about measurement errors and employment earnings to a field dominated by findings about the USA. We develop and apply new econometric models for linked survey and administrative data that generalize those of Kapteyn and Ypma (Journal of Labor Economics, 2007). Our...
Persistent link: https://www.econbiz.de/10014261776
booming demand for Korean goods until recently was important in limiting the impact of underlying trends of increased wealth …
Persistent link: https://www.econbiz.de/10014261990
This paper investigates inequality and intragenerational economic mobility in a developing country with large inequality. Understanding economic mobility is important because it shapes our perception of inequality. Despite its significance, evidence on intragenerational mobility, especially that...
Persistent link: https://www.econbiz.de/10014262489
This paper examines the impact of labour market and product market reforms on income inequality for 25 OECD countries, using the local projections approach and updates of the reform indicators put together by Duval et al. (2018) until 2020. Our results suggest that both types of (endogenized)...
Persistent link: https://www.econbiz.de/10014262698
While overall production of the manufacturing industry has contracted due to the COVID-19 pandemic, total employment levels have not undergone a major adjustment.Unlike the service industry, which saw an immediate reduction in employment, the manufacturing industry has more-or-less maintained...
Persistent link: https://www.econbiz.de/10014263023
Modern production frequently involves teamwork among employees specialized in different tasks. I develop a model of teams in which firms assign tasks to workers who are heterogeneous in their overall quality and whose efficiency varies across different tasks. In addition to productivity gains,...
Persistent link: https://www.econbiz.de/10014264049