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-cycle model, we determine that taxes and transfers offset 45% of lifetime earnings inequality attributed to differences in … productive abilities and education. Additionally, the system insures against 48% of lifetime earnings risk. Implementing a …
Persistent link: https://www.econbiz.de/10014427523
life-cycle model, we find that redistribution by taxes and transfers off sets 54% of the inequality in lifetime earnings …
Persistent link: https://www.econbiz.de/10012108653
Constructing measures of post-tax income inequality that are consistent with national accounts requires the allocation … the form of in-kind collective expenditure (e.g., education, defense, infrastructure). The dominant assumption in the …, we find that public education spending goes disproportionately to the bottom half of the income distribution. A lump …
Persistent link: https://www.econbiz.de/10012816827
policies on the intergenerational persistence of education in 17 Latin American countries. First, we retrieve detailed … information on school lockdowns and on the policies enacted to support education from home in each country. Then, we use these …
Persistent link: https://www.econbiz.de/10012534595
rates, intergenerational mobility of education, and long-run earnings inequality in eight countries Sub-Saharan Africa. On … completion is higher. However, a small additional impact on girls’ education due to the Covid-19 induced rise in teenage … pregnancy is observed in some countries. Intergenerational mobility of education decreases from 1 to close to 50 percent …
Persistent link: https://www.econbiz.de/10013275358
Union. In the first three chapters we address the micro level of individual life courses: education, employment and income …
Persistent link: https://www.econbiz.de/10010430026
Wage growth occurs almost exclusively in full-time work, whereas it is close to zero in part-time work. German women, when asked to predict their own potential wage outcomes, show severely biased expectations with strong over-optimism about the returns to part-time experience. We estimate a...
Persistent link: https://www.econbiz.de/10014495723
We solve the problem of a social planner who seeks to minimize inequality via transfers with a fixed public budget in a …
Persistent link: https://www.econbiz.de/10011513031
strongly increases concerns about educational inequality but only slightly affects support for equity-oriented education …To study how information about educational inequality affects public concerns and policy preferences, we devise survey … experiments in representative samples of the German population. Providing information about the extent of educational inequality …
Persistent link: https://www.econbiz.de/10011905178
A common assumption in the optimal taxation literature is that the social planner maximizes a welfarist social welfare function with weights decreasing with income. However, high transfer withdrawal rates in many countries imply very low weights for the working poor in practice. We reconcile...
Persistent link: https://www.econbiz.de/10011721431