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This paper investigates the relationship between growth and inequality from a demographic point of view. In an extended … inequality is at first positive and then may be negative in the process of population aging. The results are consistent with the …
Persistent link: https://www.econbiz.de/10010928630
This paper employs a decomposition analysis of inequality by income source to understand and explain particular aspects … of income inequality in Greece. The results suggest that entrepreneurial income is the most significant contributor to … overall inequality in Greece. It is also shown that there is a weak redistributive impact of taxes and social security …
Persistent link: https://www.econbiz.de/10010928797
income inequality in Greece. This analysis is quite revealing for understanding and explaining income idfferences among … certain population subgroups with apparent policy implications. The degree to which overall inequality is attributable to … inequality between these sub groups or to inequality within them is investigated, employing a decomposition analysis by …
Persistent link: https://www.econbiz.de/10010745031
will tend to be higher in countries with higher inequality and with greater pro-rich bias in the political system …. Conversely, the use of income tax will be higher in countries with lower inequality and less pro-rich bias. The model also … predicts that although inequality and political bias will have an impact on the composition of revenue, it will have no effect …
Persistent link: https://www.econbiz.de/10010745045
evaluation comprise the alleviation of poverty and the reduction in income inequality, whilst the diversity of opinions about …
Persistent link: https://www.econbiz.de/10010745069
By some definitions, social housing, social housing tenants are necessarily socially excluded. In other terms, in 2000, social housing tenants were at greater risk of being socially excluded than owner occupiers and private renters on measures of income, employment, education, health, and...
Persistent link: https://www.econbiz.de/10010745809
inequality of opportunity, as well as to greater output. This provides an additional rationale for an active role for the …
Persistent link: https://www.econbiz.de/10010746233
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality … share of both the “very unhappy” and the “perfectly happy”. Lower happiness inequality is found both between and within …
Persistent link: https://www.econbiz.de/10011126047
We introduce an alternative version of the Fama-French three-factor model of stock returns together with a new estimation methodology. We assume that the factor betas in the model are smooth nonlinear functions of observed security characteristics. We develop an estimation procedure that...
Persistent link: https://www.econbiz.de/10010884698
We propose an easy to use derivative based two-step estimation procedure for semi-parametric index models. In the first step various functionals involving the derivatives of the unknown function are estimated using nonparametric kernel estimators. The functionals used provide moment conditions...
Persistent link: https://www.econbiz.de/10010884702