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Marital Sorting and Inequality: How Educational Categorization Matters

Almar, Frederik; Friedrich, Benjamin; Reynoso, Ana; … - 2023

Persistent link: https://www.econbiz.de/10014290175

Marital Sorting and Inequality : How Educational Categorization Matters

Almar, Frederik; Friedrich, Benjamin; Reynoso, Ana; … - 2023

This paper revisits the link between education-based marriage market sorting and income inequality. Leveraging Danish administrative data, we develop a novel categorization of marriage market types based on the starting wages and wage growth trajectories associated with educational programs:...

Persistent link: https://www.econbiz.de/10014261025

Fair Earnings Tax Reforms

Ooghe, Erwin; Schokkaert, Erik; Serruys, Hannes - 2023

We characterize a measure of social welfare for linear production economies in which individuals differ in productive skills and preferences. The key feature of our measure is that it aggregates fairness gaps, defined as the difference between the money-metric utility that the individual...

Persistent link: https://www.econbiz.de/10014262033

How High Can You Climb? Earnings Inequality and Intragenerational Earnings Mobility in a Developing Country : Evidence from Thai Tax Returns

Muthitacharoen, Athiphat; Burong, Trongwut - 2023

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

Structural Reforms and Income Distribution : New Evidence for OECD Countries

Wiese, Rasmus; Jalles, João Tovar; Haan, Jakob de - 2023

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

Roots of Inequality

Galor, Oded; Klemp, Marc; Crisóstomo Wainstock, Daniel - 2023

Why does inequality vary across societies? We advance the hypothesis that in a market economy, where earning diﬀerentials reﬂect variations in productive traits among individuals, a signiﬁcant component of the diﬀerences in income inequality across societies can be attributed to...

Persistent link: https://www.econbiz.de/10014347837

Inequality and Immigration

Dustmann, Christian; Kastis, Yannis; Preston, Ian - 2023

This paper investigates the relationship between immigration and inequality in the UK over the past forty years. This is a period when the share of foreign-born in the UK population increased from 5.3% in 1975 to 13.4% in 2015. We evaluate the impact immigration had on wage inequality in the UK...

Persistent link: https://www.econbiz.de/10014347988

Inequality and the Zero Lower Bound

Fernández-Villaverde, Jesús; Marbet, Joël; Nuño, Galo; … - 2023

This paper studies how household inequality shapes the effects of the zero lower bound (ZLB) on nominal interest rates on aggregate dynamics. To do so, we consider a heterogeneous agent New Keynesian (HANK) model with an occasionally binding ZLB and solve for its fully nonlinear stochastic...

Persistent link: https://www.econbiz.de/10014348051

The Impact of Inequality on the Informal Economy in Latin America and the Caribbean with a Mimic Model

Takanohashi, Marcos; Ribeiro, Marcel; Schneider, Friedrich - 2023

Vast literature is available covering main Informal Economy (IE) causes and consequences for Latin America and Caribbean (LAC), but its size estimation has been mainly limited to worldwide models applied to the region. This paper proposes a MIMIC Base Model using a data set composed by 41...

Persistent link: https://www.econbiz.de/10014348093

Don't Stop Believin’ – Heterogeneous Updating of Intergenerational Mobility Perceptions Across Income Groups

Schwarz, Anna; Warum, Philipp - 2023

This article presents a novel explanation why demand for redistribution on average does not respond to information on low intergenerational mobility. Building on insights from behavioral economics, we expect that incentives to update perceptions of intergenerational mobility change along the...

Persistent link: https://www.econbiz.de/10014345626