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We study international migration responses of the super-rich to taxes using UK administrative data and a difference-in-differences design. We exploit a reform that removes access to a tax break on foreign income for foreigners based on their number of years in the UK, allowing us to compare...
Persistent link: https://www.econbiz.de/10015399597
Since Aristotle, a vast literature has suggested that economic inequality has important political consequences. Higher … inequality is thought to increase demand for government income redistribution in democracies and to discourage democratization … how high inequality is, how it has been changing, and where they fit in the income distribution. Using a variety of large …
Persistent link: https://www.econbiz.de/10011281602
framework to analyse how income inequality, besides other structural and policy-related features, shapes the trade-off between … inequality and poverty and that the magnitude of the change is larger in more unequal countries. Such a cumulative process shapes …
Persistent link: https://www.econbiz.de/10012214250
income inequality and the current account deficit and a consolidation of the government budget lead to a decrease in the …. Sustainable growth requires a decrease in income inequality, an improvement in the external position, and a relaxation of the …
Persistent link: https://www.econbiz.de/10011309510
-term growth and welfare in a currency union that faces fiscal rule constraints and inequality. To address this ongoing government …, inequality, and welfare depends on the type of fiscal policy adopted by government to fund it, notably the trade-off between … completely eliminating oil subsidies appears to be the best policy for reducing inequality while increasing growth and welfare …
Persistent link: https://www.econbiz.de/10014414077
This working paper advances research on inequality with unique, new data on income distribution in 61 countries …
Persistent link: https://www.econbiz.de/10011290253
The paper aims to encompass evidence on wage distribution and inequality with micro-mobility measures for several …
Persistent link: https://www.econbiz.de/10011484346
We measure selection of high-skilled migrants from Germany using predicted earnings. Migrants to less equal countries are positively selected relative to non-migrants, while migrants to more equal countries are negatively selected, consistent with the prediction in Borjas (1987). Positive...
Persistent link: https://www.econbiz.de/10011294115
We provide a common set of life-cycle earnings statistics using administrative data from the United States, Canada, Denmark and Sweden. Three qualitative patterns are common across countries: (1) the earnings distribution above the median fans out with age, (2) the extreme right tail of the...
Persistent link: https://www.econbiz.de/10011697392
Higher inequality reduces capital accumulation and increases the informal economy, which creates additional employment … links between inequality and informality because badly designed informality-reducing policies may increase inequality …
Persistent link: https://www.econbiz.de/10011665024