Showing 1 - 10 of 12
I examine the idea of 'the long run' in Piketty (2014) and related works. In contrast to simplistic interpretations of long-run models of income- and wealth-distribution Piketty (2014) draws on a rich economic analysis that models the intra- and inter-generational processes that underlie the...
Persistent link: https://www.econbiz.de/10011168925
This paper describes the UK income distribution and how it has evolved over the last 50 years. It also includes some comparisons with the income distributions of other rich countries. Multiple perspectives on the distribution are provided: there is evidence about real income levels and...
Persistent link: https://www.econbiz.de/10011170255
This paper is an overview of the social welfare systems of five East Asian countries, namely Japan, Korea, Taiwan, Hong Kong and Singapore. It analyses the overall costs of welfare as well as income distribution aspects, based on both aggregate data and a programme-by-programme review of their...
Persistent link: https://www.econbiz.de/10009201165
Social exclusion can be distinguished from social isolation, defining social isolation as the phenomenon of non-participation (of an individual or group) in a society's mainstream institutions, while reserving 'social exclusion' for the subset of cases in which social isolation occurs for...
Persistent link: https://www.econbiz.de/10009201223
Equivalisation of incomes for household size and composition is accepted practice when measuring poverty and inequality; adjustments to take account of other variations in needs are rarely made. This paper explores the financial implications of one possible source of additional needs:...
Persistent link: https://www.econbiz.de/10009201256
Persistent link: https://www.econbiz.de/10011547660
We focus on the statics and dynamics of poverty in Spain using data from the first eight waves of the European Community Household Panel from 1994 to 2001, a period not sufficiently covered by recent literature. The results confirm the pattern of poverty changes noted by other authors for the...
Persistent link: https://www.econbiz.de/10005151129
We address a puzzle in welfare economics - the possibility that rational people may be simultaneously against two apparently con‡icting forms of "tyranny." In fact the two types of tyranny can be reconciled but at the possible cost of con‡ict with other standard welfare principles. We...
Persistent link: https://www.econbiz.de/10008838681
Specific functional forms are often used in economic models of distributions; goodness-of-fit measures are used to assess whether a functional form is appropriate in the light of real-world data. Standard approaches use a distance criterion based on the EDF, an aggregation of differences in...
Persistent link: https://www.econbiz.de/10008838708
The analysis of inequality is placed in the context of recent developments in economics and statistics. Prepated for Handbook of Income Distribution, edited by A B Atkinson and F Bourguignon.
Persistent link: https://www.econbiz.de/10005670753