Showing 1 - 10 of 71
This paper examines the link between inequality and individual well-being using household survey data from 27 … Transition Economies, where income inequality increased considerably since 1989. A test of inequality aversion in individual … preferences that draws on the Fehr and Schmidt (QJE, 1999) specification of inequality aversion is proposed, and the difficulties …
Persistent link: https://www.econbiz.de/10009370128
This paper analyzes the relationship between bipolarization and inequality, welfare and poverty measures. First, we … clarify the similarities and differences between bipolarization and inequality measures. Second, it is shown that …
Persistent link: https://www.econbiz.de/10005135145
redistribution policy makes it possible to increase output per capita and to reduce inequality because both increase the educated …
Persistent link: https://www.econbiz.de/10005135147
This paper examines the relationship between inequality and happiness through the lens of heterogeneous values, beliefs … to a shared set of rules, regardless of background and circumstances. These traits matter when it comes to how inequality … compatriot tend to dislike inequality. With reference to moderation, inequality aversion can be read in terms of a desire for …
Persistent link: https://www.econbiz.de/10005413359
distribution in a long run perspective. The second one focuses on the inverse causality between inequality and growth. This paper … aims at reviewing this second view about the effects of initial inequality of income and wealth on future growth rate. The … theoretical literature suggests several channels through which inequality might be harmful for growth, namely three economic …
Persistent link: https://www.econbiz.de/10005413373
The functioning of the labor market often has been stressed as a clear determinant in explaining poverty trends in developed countries. In this paper, we analyze the role of gender wage discrimination on household poverty rates in several EU countries, linking two related phenomena that rarely...
Persistent link: https://www.econbiz.de/10005413382
Theil’s approach to the measurement of inequality is set in the context of subsequent developments over recent decades …. It is shown that Theil’s initial insight leads naturally to a very general class of decomposable inequality measures. It … is thus closely related to a number of other commonly used families of inequality measures. …
Persistent link: https://www.econbiz.de/10005413394
During the last 20 years, microsimulation models have been increasingly applied in qualitative and quantitative analysis of public policies. This paper discusses microsimulation techniques and their theoretical background as a tool for the analysis of public policies. It next analyses basic...
Persistent link: https://www.econbiz.de/10005413400
Households can differ in size and needs. A reliable assessment of inequality in living standards, therefore … by means of an inequality decomposition by household types. Country inequality rankings are sensitive to the conversion … strategy applied. The decomposition analysis reveals the underlying mechanisms. We find inequality estimates typically to be …
Persistent link: https://www.econbiz.de/10005413420
earnings and income inequality in the USA. Time-inconsistency problems related to top coding in theses data have led many … summary measure of inequality. With access to public use and restricted-access internal CPS data, and bounding methods, we … show that using P90/P10 does not completely obviate time-inconsistency problems, especially for household income inequality …
Persistent link: https://www.econbiz.de/10005413422