Wealthy individuals often voluntarily provide public goods that the poor also consume. Such philanthropy is perceived as legitimizing one’s wealth. Governments routinely exempt the rich from taxation on grounds of their charitable expenditure. We examine the normative logic of this exemption....

Die ökonomische Ungleichheit steht im Fokus der aktuellen politischen Debatte. Paul Hufe, Andreas Peichl und Marc Stöckli zeigen in diesem Artikel, wie die Einkommen, der Konsum und die Vermögen in Deutschland verteilt sind. Dabei erläutern sie, welche Konzepte und Datengrundlagen in der...

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...

This paper employs a multidimensional approach for the measurement of well-being at the top of the distribution using German SOEP micro data. Besides income as traditional indicator for material well-being, we include health as a proxy for nonmaterial quality of life as well as self-reported...

Sowohl die Einkommensarmut als auch der Einkommensreichtum haben in Deutschland in den letzten Jahren deutlich zugenommen, zu Lasten der mittleren Einkommensgruppen. Reichtum sollte auch die Freiheit von materiellen Sorgen bedeuten. Trotz der Polarisierung der Einkommensverteilung hat der Anteil...

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...

This paper articulates biomedical research results published in The Telomere Effect by Elizabeth Blackburn and Elissa Epel. This paper also articulates social-science research results published in The Spirit Level by Richard Wilkinson and Kate Pickett. In addition, some of the thoughts of nine...

Why would anyone want to use antitrust law as a wealth distribution device when far more explicit statutory tools are available for that purpose? One feature of antitrust is its open-textured, nonspecific statutes that are interpreted by judges. As a result, using antitrust to redistribute...

Wealth inequality is an important matter for economic theory and policy. Ongoing debates have been discussing recent rise in wealth inequality in connection with recent development of active financial markets around the world. Existing literature on wealth distribution connects the origins of...

A college education has been linked to higher life-time earnings and better economic achievements, so the expectation would be that it is also linked to higher net wealth for everybody. However, recent analyses challenge this hypothesis and find that the expectation holds true for White...