Showing 1 - 10 of 175
rise in income inequality. Poverty has increased sharply with an estimated 18.5% of the population on incomes below the …
Persistent link: https://www.econbiz.de/10005498039
This paper studies optimal dynamic tax policy under the threat of political reform. A policy will be reformed ex post if a large enough political coalition supports reform; thus, sustainable policies are those that will continue to attract enough political support in the future. We find that...
Persistent link: https://www.econbiz.de/10011168909
This paper discusses the data limitations associated with the measurement of top incomes and inequality in the Middle … East, with special emphasis to the case of Egypt. It has been noted that high inequality might have contributed to the Arab … spring revolt movement. Some studies have argued however that measured inequality in Middle East countries is not …
Persistent link: https://www.econbiz.de/10011171781
scarcity in the New World and to a rise in unskilled labour scarcity in Europe. Thus, it contributed to rising inequality in … overseas countries, like the United States, and falling inequality in most of Europe. Falling unskilled labour scarcity and … in today's world? This paper argues that modern debates about inequality and schooling responses to globalization should …
Persistent link: https://www.econbiz.de/10005656203
-2006. While there has been no increase in aggregate happiness, inequality in happiness has fallen substantially since the 1970s … happiness by education have widened substantially. We develop an integrated approach to measuring inequality and decomposing … changes in the distribution of happiness, finding a pervasive decline in within-group inequality during the 1970s and 1980s …
Persistent link: https://www.econbiz.de/10005136431
Household finance - the normative and positive study of how households use financial markets to achieve their objectives - has gained a lot of attention over the past decade and has become a field with its own identity, style and agenda. In this paper we review its evolution and most recent...
Persistent link: https://www.econbiz.de/10011083239
Does redistribution in democracies cater to the will of the majority? We propose and apply a simple empirical strategy based on survey data to address that longstanding issue. Differently from previous evaluations of the median-voter theory, ours does not assume that voters are guided by...
Persistent link: https://www.econbiz.de/10011084276
inequality than a more "passive" public sector. …
Persistent link: https://www.econbiz.de/10011186621
Group 1 holds political power. Group 2 threatens this power. Group 1 decreases the upheaval probability by co-opting some agents from Group 2 into a more benign Group 3. Improvements in upheaval technology lead to less co-optation. Increasing the relative size of Group 1 implies larger...
Persistent link: https://www.econbiz.de/10005661795
This paper presents series on top shares of income and wealth in Spain over the 20th century using personal income and wealth tax return statistics. Top income shares are highest in the 1930s, fall sharply during the first two decades of the Franco dictatorship, and have increased slightly since...
Persistent link: https://www.econbiz.de/10005667012