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When considering multiple hypothesis tests simultaneously, standard statistical techniques will lead to over-rejection of null hypotheses unless the multiplicity of the testing framework is explicitly considered. In this paper we discuss the Romano-Wolf multiple hypothesis correction, and...
Persistent link: https://www.econbiz.de/10012844826
We examine the gender wealth gap with a focus on pension wealth and statutory pension rights. By taking into account employment characteristics of women and men, we are able to identify the extent to which the redistributive effect of pension rights reduces the gender wealth gap. The data for...
Persistent link: https://www.econbiz.de/10014076713
In this paper, we develop and numerically solve a model of idiosyncratic labour income and idiosyncratic interest rates to predict the evolution of a wealth distribution over time. Stochastic labour income follows a deterministic growth trend and it fluctuates between a wage and unemployment...
Persistent link: https://www.econbiz.de/10012909981
Closely following recent innovations in the literature on the multidimensional measurement of poverty, this paper provides similar measures for the top of the distribution using a dual cutoff method to identify individuals, who can be considered as rich in a multidimensional setting. We use this...
Persistent link: https://www.econbiz.de/10013146473
Between 2009 and 2011, data were collected under the first wave of The Irish Longitudinal Study on Ageing (TILDA). Over 8,500 people aged 50 and over and living in Ireland were interviewed on a wide range of topics covering socioeconomic and health issues. Our primary goals in this paper are (a)...
Persistent link: https://www.econbiz.de/10013081818
While most studies on wealth inequality focus on the inequality between households, this paper examines the …
Persistent link: https://www.econbiz.de/10013074897
? How do the facts relate to proposed theories about changes in inequality? We present the main inequality trends, in some …-called top income literature and new evidence on wealth concentration. The picture that emerges shows that inequality was … increasing concentration, but in most cases inequality seems to have been relatively constant at a high level in the nineteenth …
Persistent link: https://www.econbiz.de/10013054572
A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in … inequality from Forbes magazine's listing of billionaires and compare its effect on growth to the effects of income inequality … and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …
Persistent link: https://www.econbiz.de/10013061938
The vast literature on earnings inequality has so far largely ignored the role played by hours of work. This paper … inequality in hours worked as well as the correlation between the two. We use data for the US, the UK, France, and Germany over … the period 1991-2016 to examine the evolution of inequality in hours worked and of the correlation between individual …
Persistent link: https://www.econbiz.de/10014241336
social interactions it can be socially desirable to keep substantial wealth inequality …
Persistent link: https://www.econbiz.de/10013324987