Showing 1 - 10 of 2,121
We study beliefs about wealth inequality and preferences for wealth redistribution. For this, we conduct a large-scale online survey in Germany. First, we analyze how well participants are informed about the German wealth distribution and their position in it. Second, we investigate how...
Persistent link: https://www.econbiz.de/10014543737
Does parental wealth inequality impact next generation labor income inequality? And does a tax on parental wealth affect the labor income distribution of the next generation? We tackle both questions empirically using detailed intergenerational data from Norway, focusing on effects on wages...
Persistent link: https://www.econbiz.de/10012597127
countries. The new findings suggest that wealth-income ratios were lower before World War I than previously claimed, that wealth …
Persistent link: https://www.econbiz.de/10012649784
find that Germans systematically underestimate their true place in the world’s income distribution, but that correcting …
Persistent link: https://www.econbiz.de/10012507321
We study the evolution of voter support for climate policies aimed at containing the effect of climate risk, as weather conditions worsens at a time of rising economic inequality. Households differ in age, beliefs and income, and the scale of intervention to preserve habitable land reflects the...
Persistent link: https://www.econbiz.de/10014478722
Value issues such as climate policy, immigration, or identity politics are among the most polarizing policy issues in the U.S. and other high-income countries. That polarization has been rising over the last decades. I investigate a novel channel of income inequality and political campaign...
Persistent link: https://www.econbiz.de/10014516223
Air pollution generates vast health burdens and economic costs around the world. Pollution exposure varies greatly …
Persistent link: https://www.econbiz.de/10014583784
countries (representing 85 percent of the world population) from 1960-2012. Since 1988, inequality has marginally decreased …
Persistent link: https://www.econbiz.de/10011597855
How to explain rising income and wealth inequality? We build an original heterogeneous-agent model with three key features: (i) an explicit link between firm's market power and top income shares, (ii) a granular representation of the tax and transfer system, and (iii) three assets with...
Persistent link: https://www.econbiz.de/10013384710
What are the consequences of the preference for wealth for the accumulation of capital and for the dynamics of wealth inequality? Assuming that wealth per se is a luxury good, inequality tends to rise whenever the interest rate is larger than the economic growth rate. This induces the economy to...
Persistent link: https://www.econbiz.de/10014444051