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Examination of a reported surge in income inequality in 1993 indicates that, despite changes in survey methodology, patterns of employment growth were consistent with greater income dispersion. This a...
Examining the Impact of Macro-Economic Conditions on Income Inequality
Income inequality macro-economic conditions unemployment inflation
2013/10/18
This paper proposes a new approach for analyzing the relationship between macroeconomic factors and the income distribution. The conventional method of analysis is regression of summary inequality ind...
Privacy, time consistent optimal labor income taxation and education policy
Privacy commitment time consistent income taxation
2013/10/17
Incomplete information is a commitment device for time consistency problems. In the contextof time consistent labor income taxation privacy can lead to a Pareto superior outcome and increases the effe...
Income and Employment Effects of Health Shocks - A Test Case for the German Welfare State
health labor force participation earnings welfare state
2013/10/17
Using data from the first eleven waves of the German Socio-Economic Panel this study investigates the dynamic effects of health shocks on employment and economic well-being of older workers. A health ...