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basis of a microsimulation model which accounts for the complex interactions between individual wages, the tax …
Persistent link: https://www.econbiz.de/10008486882
This paper explores the role of labour market policy and institutional factors in explaining cross-national differences in persistent earnings inequality in Europe. Using non-linear least squares we reveal a complex framework, where institutions and their systemic interactions play a decisive...
Persistent link: https://www.econbiz.de/10008855826
Two conversion schemes are usually employed for assessing personal-income inequality from household equivalent incomes: to weight household units by size or by needs.Using data from the Luxembourg Income Study, we show the sensitivity of country inequality rankings to conversion schemes and...
Persistent link: https://www.econbiz.de/10008682910
Persistent link: https://www.econbiz.de/10008753107
We provide an analytical framework within which changes in income inequality over time are related to the pattern of income growth across the income range, and the reshuffling of individuals in the income pecking order. We use it to explain how it was possible both for 'the poor' to have fared...
Persistent link: https://www.econbiz.de/10004963952
There has been a renewed interest in recent years in income inequality, economic mobility, and income volatility. I define an aggregate measure of income risk as half the squared coefficient of variation of incomes measured over both people and time, which can be decomposed into an inequality...
Persistent link: https://www.econbiz.de/10005272994
We provide an analytical framework within which changes in income inequality over time are related to the pattern of income growth across the income range, and the reshuffling of individuals in the income pecking order. We use it to explain how it was possible both for ‘the poor’ to have...
Persistent link: https://www.econbiz.de/10005627143