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This paper studies the estimation of wealth distribution using estates left at death. We establish formal conditions for adopting a simplied version of the classic estate multi- plier method, using only minimal information on estates and mortality. We empirically validate these conditions and...
Persistent link: https://www.econbiz.de/10015078156
Why are some people wealth rich while others are poor? To what extent can governments affect inequality? Which instruments should they use? Answering these questions requires understanding why people save. Dynamic quantitative models of wealth inequality can help us to understand and quantify...
Persistent link: https://www.econbiz.de/10011671879
The correlation in economic status among siblings is a useful omnibus measureʺ of the overall impact of family and community factors on adult economic status. In this study we compare brother correlations in long-run (permanent) earnings between the United States, on one hand, and the Nordic...
Persistent link: https://www.econbiz.de/10001483298
In the present paper an effort will be made to show empirically that education spending reduces inequality of income distribution. Author supports the view of (José De Gregorio and Jong-Wha Lee, 2002) using a different model for the period 1995-2006. Panel data are elaborated by means of Eviews...
Persistent link: https://www.econbiz.de/10014197686
In the present paper it will be pointed out with panel data that inflation worsens income distribution, but not in a linear way. More specifically, at lower inflation levels as inflation goes up, then income distribution worsens more rapidly than in the case of higher inflation levels...
Persistent link: https://www.econbiz.de/10013148586
This paper combines cross-sectional and longitudinal income data to present the evolution of absolute intergenerational income mobility in ten developed economies in the 20th century. Absolute mobility decreased during the second half of the 20th century in all these countries. Increasing income...
Persistent link: https://www.econbiz.de/10012897761
Labour market dynamics according the individual working hour tension (preferred working hours minus actual working hours) of active people with focus on the self-employed, as professions and entrepreneurs, and employees are investigated in our study. The individual longitudinal analysis based on...
Persistent link: https://www.econbiz.de/10009674603
This paper links data on establishments and individuals to analyze the role of establishments in the increase in inequality that has become a central topic in economic analysis and policy debate. It decomposes changes in the variance of log earnings among individuals into the part due to changes...
Persistent link: https://www.econbiz.de/10010403444
The correlation in economic status among siblings is a useful "omnibus measure" of the overall impact of family and community factors on adult economic status. In this study we compare brother correlations in long-run (permanent) earnings between the United States, on one hand, and the Nordic...
Persistent link: https://www.econbiz.de/10011335242