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counterparts, then by comparing the true and generated values of the Gini coefficient and other inequality indices. The results …
Persistent link: https://www.econbiz.de/10010284587
We present a new data set we built based on Swiss rich lists going back to 1989. We show, among other things, that 60% of the super-rich are heirs-a fraction twice as large as in the US-and that wealth mobility at the very top has declined significantly. We find that top 0.01% wealth shares are...
Persistent link: https://www.econbiz.de/10014490904
We link survey data containing Danish people’s perceptions of where they rank in various reference groups and fairness views with administrative records on their income history, life events, and reference groups. People know their income positions well, but believe others are closer to...
Persistent link: https://www.econbiz.de/10012485329
We collect, digitize, and supplement the Swiss rich list for the years 1989-2020 published in the "BILANZ" business magazine to gain new insights on the structure and dynamics of top wealth in Switzerland. Using this data allows us study the super-rich in Switzerland in ways that were not...
Persistent link: https://www.econbiz.de/10013255620
change in the Gini (based on consumption expenditure) by up to 0.03 points. Cross-country heterogeneity in this change is … large as the change in the standard Gini measure over the period of interest. …
Persistent link: https://www.econbiz.de/10011862889
trade-off between size and inequality using the Gini or related families of positional indices. The key idea is that when …
Persistent link: https://www.econbiz.de/10012174704
(1987) and weights agree with the Lorenz quasi-ordering. Gini, S-Gini, and a class putting more emphasis on inequality in … for the maximin, Gini, and "illfare-ranked single-series Ginis". We then turn to a discrete population setting, and …
Persistent link: https://www.econbiz.de/10012249289
This paper uses the data gained from an income categorization experiment for five shapes of income distributions to investigate background context effects, relative deprivation, range-frequency theory to explain background context effects, individual income satisfaction versus aggregate...
Persistent link: https://www.econbiz.de/10010284529
Typical welfare and inequality measures are required to be Lorenz consistent which guarantees that inequality decreases and welfare increases as a result of a progressive transfer. We explore the implications for welfare and inequality measurement of substituting the weaker absolute...
Persistent link: https://www.econbiz.de/10010284885
Both buyers and sellers of goods and services may bene.t from letting their economic transactions go unrecorded for tax purposes. The supplier reduces his tax burden by underreporting income, whereas the consumer gains from buying a non-taxed lower-priced product. The distributional implications...
Persistent link: https://www.econbiz.de/10011481311