Showing 1 - 10 of 56
Persistent link: https://www.econbiz.de/10011742787
We investigate the effects of wealth inequality on the incentives to contribute to a public good or a team output when … agents are inequity averse. We show that inequality may increase total output when it favors the more able agents. Moreover …, the more inequity averse the agents, the larger should be the inequality in wealth if total output is to be maximized. …
Persistent link: https://www.econbiz.de/10010270183
This paper presents an analysis of bureaucratic corruption, income inequality and economic development. The analysis is … model predicts a positive relationship between corruption and inequality, and a negative relationship between corruption and …
Persistent link: https://www.econbiz.de/10010295968
(DHS) which lack information on incomes. This makes an analysis of trends and determinants of poverty and inequality … incomes from assets in the DHS, and is able to generate new information on poverty and inequality in Bolivia. …
Persistent link: https://www.econbiz.de/10010296009
inequality. Simulations show that inequality generally builds up fast even if players have equal starting conditions and house … prices are stable; rising house prices imply more extreme inequality. An extension of the classical game with interest rates … inequality by more than high interest rates. The simulations also demonstrate a first-mover advantage both within a generation …
Persistent link: https://www.econbiz.de/10012099109
The article is concerned with understanding the impact of social preferences and wealth inequality on aggregate … microeconomic level and how these in turn translate into macroeconomic outcomes. Increasing the workers' sensitivity to inequality … wealth differences raise aggregate profit and output but entail distributional utility losses and increased inequality. …
Persistent link: https://www.econbiz.de/10012287835
The inheritance tax is often seen as an effective tool to reduce wealth inequality, to raise public budgets if needed … tool for fighting wealth inequality without having distorting effects for the economy. For this purpose, the distributional …
Persistent link: https://www.econbiz.de/10012287840
Creating distributional national accounts (DINA; e.g. Piketty, Saez, and Zucman 2018) requires the allocation of all government expenditure to individuals in order to compute their post-tax, post-transfer income. A sizeable part of government expenditure is in-kind spending, either in the form of...
Persistent link: https://www.econbiz.de/10012623109
to be unaffected throughout childhood. Thus, initial inequality increases during childhood. Since families are the main …
Persistent link: https://www.econbiz.de/10010270262
While monthly wage inequality in Germany continued to increase strongly until 2010, it recently returned to the level … introduction can account for about half of the recent decrease in wage inequality …
Persistent link: https://www.econbiz.de/10012287831