Showing 1 - 10 of 228
This paper aims to measure the degree of income mobility in Brazil in the 1987-2005 period. To achieve that, we consider the axiomatic mobility approach and the dynamic tool suggested by Aebi et al. (1999). The transition probability matrix calculations and the mobility index indicate that...
Persistent link: https://www.econbiz.de/10008516062
In this paper we develop a theoretical model that investigates the demand for cultural goods under the assumption of cultural capital and rational addiction. We also consider the effect of a policy intervention in order to raise the initial stock of cultural capital of a given individual, both...
Persistent link: https://www.econbiz.de/10010629721
In this paper we develop a theoretical model that investigates the demand for cultural goods under the assumption of cultural capital and rational addiction. We also consider the effect of a policy intervention in order to raise the initial stock of cultural capital of a given individual, both...
Persistent link: https://www.econbiz.de/10005110772
This study aims to estimate the extent of intergenerational mobility of earnings in Taiwan. The intergenerational elasticity of a child's earnings with respect to its parent's earnings is estimated by using household micro-data from the Panel Study of Family Dynamics (PSFD) in Taiwan. We apply...
Persistent link: https://www.econbiz.de/10011199669
inequality in total consumption expenditure by different sources (food, education, health, durable goods and other items … consumption over 1993-94 to 2009-10, thus contributing to the observed rise in consumption inequality in India. Except for the … expenditure on food items, inequality contributions of expenditures on all other heads including education, health, durable goods …
Persistent link: https://www.econbiz.de/10011207128
This paper presents a nonparametric analysis of the impact of the 2008 crisis on earnings distribution in Turkey. Using micro-level data from the Household Labor Force Survey (2004-2011), I show that the crisis has operated most visibly above the upper quartile of the earnings distribution. I...
Persistent link: https://www.econbiz.de/10010659647
Over the past few years a large body of literature has studied the determinants of individual preferences for income equality and redistributive policies. In this paper, using data collected in 2005 by the World Values Survey (WVS), we specifically focus on the preferences expressed by Italians...
Persistent link: https://www.econbiz.de/10011278694
In this article we provide an overview of the Gini decomposition and the generalized entropy inequality measures, a …
Persistent link: https://www.econbiz.de/10005416891
inequality in Brazil are higher than those estimated using household surveys, and, contrary to what these surveys show …, inequality did not fall over this period: the current trend is one of stability. …
Persistent link: https://www.econbiz.de/10011265570
We extend the framework of Dubey and Geanakoplos (2002) to the case of moral hazard. We analyze the equilibrium properties of the model and we show that equal ex-ante consumers may choose to promise differently, and, as a consequence, choose different actions. This illustrates how the pool of...
Persistent link: https://www.econbiz.de/10011199635