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estimated for the United States and Germany. The finding of previous studies regarding a higher elasticity of aggregate … cascades from the very top to the very bottom of the distribution. For Germany, we fail to find compelling evidence for …
Persistent link: https://www.econbiz.de/10011606907
This papers quantifies the redistributive effects on progressivity, poverty and welfare, that would occur if the monetary benefits currently in place in the Spanish system were to be replaced by a neutral alternative in terms of spending, granting a universal basic income (UBI) to everyone. We...
Persistent link: https://www.econbiz.de/10012008734
The "Minimum Vital Income" (IMV) constitutes a novelty in the panorama for fighting poverty by guaranteeing minimum incomes after the COVID-19 crisis. This work simulates the distributional and poverty effects of the IMV introduction across Spanish regions using EUROMOD. Our results show that...
Persistent link: https://www.econbiz.de/10012439058
The Great Recession and the widespread adoption of fiscal austerity policies have heightened concern about inequality and how well tax-benefit systems redistribute. We examine how the distribution of income in the EU countries which were hardest hit during the recession evolved over this time....
Persistent link: https://www.econbiz.de/10011864980
The Great Recession and the widespread adoption of fiscal austerity policies have heightened concern about inequality and how well tax-benefit systems redistribute. We examine how the distribution of income in the EU countries which were hardest hit during the recession evolved over this time....
Persistent link: https://www.econbiz.de/10011821286
This paper analyses how inequality across counties in the United States of America has shaped the impact of the COVID-19 pandemic on the incidence of protests. The empirical analysis combines weekly data between January and December 2020 on levels of COVID-19-related policy stringency and...
Persistent link: https://www.econbiz.de/10012489787
This paper assesses the impact on household incomes of the COVID-19 pandemic and governments’ policy responses in April 2020 in four large and severely hit European countries: Belgium, Italy, Spain and the UK. We provide comparative evidence on the level of relative and absolute welfare...
Persistent link: https://www.econbiz.de/10012439119
We present new empirical evidence for the US economy that inflation reduces the inequality of the earnings distribution. The main mechanism emphasized in this paper is the tax income bracket effect. Governments only adjust the nominal income tax brackets slowly to a rise in prices, typically...
Persistent link: https://www.econbiz.de/10011507921
subsidization program in Germany. We find that 38% of the aggregate subsidy accrues to the top two deciles of the population, but …
Persistent link: https://www.econbiz.de/10011281656
Does the federal minimum wage in Germany introduced in 2015 improve the income situation of low income households and …
Persistent link: https://www.econbiz.de/10012014238