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The distributional impact of labour market reforms : a model-based assessment

Röger, Werner; Varga, Janos; Veld, Jan in 't; Vogel, Lukas - 2019 - This version: 16 October 2019

This paper studies the effects of labour market reforms on the functional distribution of income in a DSGE model (Roeger et al., 2008) with skill differentiation, in which households supply three types of labour: low-, medium- and high-skilled. The households receive income from labour, tangible...

Persistent link: https://www.econbiz.de/10012118569

The distributional effects of peer and aspirational pressure

Angelopulos, Kōnstantinos; Lazarakis, Spyridon; … - 2019

main patterns of inequality, between and within the social groupings. We find that the effects of peer pressure on within …-group inequality differ between groups. We also find that wealth and consumption inequality increase within groups who aspire to match … social targets from a higher class, despite a reduction in within-group inequality in hours and earnings. …

Persistent link: https://www.econbiz.de/10012103597

Redistributive capital taxation revisited

Kina, Özlem; Slavík, Ctirad; Yazici, Hakki - 2020

This paper shows that capital-skill complementarity provides a quantitatively significant rationale to tax capital for redistributive governments. The optimal capital income tax rate is 60%, which is significantly higher than the optimal rate of 48% in an identically calibrated model without...

Persistent link: https://www.econbiz.de/10012299800

Inequality and the environment : the economics of a two-headed hydra

Drupp, Moritz A.; Kornek, Ulrike; Meya, Jasper; Sager, Lutz - 2021

Preserving environmental quality and addressing economic inequality both feature prominently in public discourse … consider interactions with the other. We synthesize theoretical mechanisms that underpin inequality-environment interlinkages … distribution of environmental amenities and dis-amenities is associated with income and wealth, second, how economic inequality …

Persistent link: https://www.econbiz.de/10012694139

The unequal consequences of the Covid-19 pandemic : evidence from a large representative German population survey

Immel, Lea; Neumeier, Florian; Peichl, Andreas - 2021

We employ panel data from three waves of a large representative population survey carried out between June and November 2020 to assess in what regards and to what extent different groups of the German population are affected by the COVID- 19 crisis. Using common factor analysis, we demonstrate...

Persistent link: https://www.econbiz.de/10012582202

Employment and reallocation effects of higher minimum wages

Drechsel-Grau, Moritz - 2023

This paper studies the employment and reallocation effects of minimum wages in Germany in a search-and-matching model with endogenous job search effort and vacancy posting, multiple employment levels, a progressive tax-transfer system, and worker and firm heterogeneity. I find that minimum wages...

Persistent link: https://www.econbiz.de/10014267170

How much do workers actually value working from home?

Nagler, Markus; Rincke, Johannes; Winkler, Erwin - 2022

inequality across education levels. Finally, valuations meaningfully interact with commuting distance and WFH reduces (but does …

Persistent link: https://www.econbiz.de/10013445443

Factor income distribution and endogenous economic growth : when Piketty meets Romer

Irmen, Andreas; Tabaković, Amer - 2016

We scrutinize Thomas Piketty's (2014) theory concerning the relationship between an economy's long-run growth rate, its capital-income ratio, and its factor income distribution put forth in his recent book Capital in the Twenty-First Century. We find that a smaller long-run growth rate may be...

Persistent link: https://www.econbiz.de/10011568791

The distributional consequences of supply-side reforms in general equilibrium /

Angelopulos, Kōnstantinos; Fernández, Bernardo; … - 2011

can thus increase inequality in the long-run. Depending on the elasticity of substitution between capital and unskilled … show that including the transition period in the welfare evaluation lowers the inequality effects of capital tax reduc … conditions after the reform. -- tax reform ; structural heterogeneity ; inequality ; adaptive learning …

Persistent link: https://www.econbiz.de/10009230924

Distribution and growth in an economy with limited needs

Saint-Paul, Gilles - 2001

more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from profits to …

Persistent link: https://www.econbiz.de/10011398011