Showing 1 - 10 of 196
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
Several cross-country studies have observed a negative correlation between inequality and interpersonal trust. Using … data from 59 countries, I instrument for inequality using the relative size of the mature-aged cohort, and find that a rise … in inequality reduces trust. …
Persistent link: https://www.econbiz.de/10005032865
-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
possibilities: wage inequality may have either negative or positive effects on team performance. A parameter which captures the … relationship between inequality and performance. We discuss a variety of interpretations of our results. …
Persistent link: https://www.econbiz.de/10011079149
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