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one gets about trends in the level and inequality of living standards in the UK when using consumption, and when one adds …
Persistent link: https://www.econbiz.de/10010330990
Collective models have become the go-to framework for intra-household allocations. Available empirical collective models are built for fixed sets of household members and accommodate diversity in household structures with difficulty. Individual-level data on food consumption from Bangladesh...
Persistent link: https://www.econbiz.de/10012265328
one gets about trends in the level and inequality of living standards in the UK when using consumption, and when one adds …
Persistent link: https://www.econbiz.de/10011152737
-cycle model, we determine that taxes and transfers offset 45% of lifetime earnings inequality attributed to differences in …
Persistent link: https://www.econbiz.de/10014480488
importance of 'trade-induced horizontal inequality,' i.e. inequality brought about by trade shocks that occurs among workers with … the same level of earnings prior to the shock. While this type of inequality does not affect the income distribution, it … horizontal inequality and changes in the income distribution induced by trade in a data-driven way, we develop a characterization …
Persistent link: https://www.econbiz.de/10014480551
typically invisible in income data, distorting our understanding of the extent of income inequality. A recent strand of research … has illustrated the importance of accounting for retained earnings for measuring inequality. In this paper, we study the … role of privately held firms in income inequality in Finland, including the role of retained earnings, but also taking a …
Persistent link: https://www.econbiz.de/10014581796
growth. We use this approach to investigate the growth in income inequality in the UK in the 1980s. …
Persistent link: https://www.econbiz.de/10010275731
It is well known that children growing up in poor families leave school with considerably lower qualifications than children from better off backgrounds. Using a simple decomposition analysis, we show that around two thirds of the socio-economic gap in attainment at age 16 can be accounted for...
Persistent link: https://www.econbiz.de/10010275764
This paper describes the transmission of income inequality into consumption inequality and in so doing investigates the …
Persistent link: https://www.econbiz.de/10010292960
This paper assesses the accuracy of decomposing income risk into permanent and transitory components using income and consumption data. We develop a specific approximation to the optimal consumption growth rule and use Monte Carlo evidence to show that this approximation can provide a robust...
Persistent link: https://www.econbiz.de/10010292985