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We provide an overview of microsimulation approaches for assessing the effects of policy on income distribution. We focus on the role of tax-benefit policies and review the concept of microsimulation and how it contributes to the analysis of income distribution in general and policy evaluation...
Persistent link: https://www.econbiz.de/10014025321
The contribution of government transfer programs to inequality is often assessed by analyzing to what extent the benefits paid go to lower income families. Several analysts have found that some key government transfers actually go mostly to middle and high income families and thus contribute to...
Persistent link: https://www.econbiz.de/10013142201
redistribution. While theoretical papers show that income inequality increases redistribution, empirical studies fail to confirm the … the relationship between income inequality and redistribution. This paper also introduces three specifications to … pressure for redistribution, it also increases the incentive to reduce the efficiency of redistribution in order to constrain …
Persistent link: https://www.econbiz.de/10013156737
macroeconomic performance: the distribution channel. Empirical data for the following dimensions of redistribution in the period of …
Persistent link: https://www.econbiz.de/10013088772
We demonstrate that a rank-preserving transfer from a richer individual to a poorer individual can exacerbate income inequality (when inequality is measured by the Gini coefficient). This happens when individuals' preferences depend negatively not only on work time (effort) but also on low...
Persistent link: https://www.econbiz.de/10013088825
Several Nobel laureates economists have called for redistributive policies. This paper shows that there is a strong case for redistributive policies because the global increase of income inequality and wealth concentration was an important driver for the financial and Eurozone crisis. The high...
Persistent link: https://www.econbiz.de/10013048507
opposite may be true. We develop a new theory which, incorporating insights from behavioral economics and social psychology …, predicts when greater inequality will lower charitable giving. We test the theory in an experiment on donations to a real …
Persistent link: https://www.econbiz.de/10012898572
By constructing a social welfare function that incorporates the explicit value judgments of Atkinson's measure of inequality, the paper develops implications of optimal income taxation derived using double limit analysis for transfers and inequality. The losses arising from transfers in the...
Persistent link: https://www.econbiz.de/10014237246
redistribution. One argument against increased redistribution is that it could hamper innovation and technological progress. To the …-quality and cross-country comparable panel data on income redistribution from distributional national accounts. The sample covers … innovation in the cross-country setting. This result is robust to the use of various measures of income redistribution and patent …
Persistent link: https://www.econbiz.de/10013229740
conventional wisdom, rather than calling for more redistribution, the presence of this scale dependence provides a rationale for …. At an aggregate level, a rise in redistribution induces a compression effect on the distribution of pre-tax returns. In … the financial market, I identify general equilibrium trickle-up externalities that provide a force for more redistribution …
Persistent link: https://www.econbiz.de/10013233147