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In recent years, a branch of literature on the top of the (income) distribution emerged in Economics using top income shares as a measure of richness. This paper contributes to this literature by comparing different measures of richness (income shares, headcount, intensity measures). We analyse the development of various richness indices over time in Europe (and other OECDCountries) using micro data. ...
Magdeburg:
2009,
| Andreas Peichl
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Microsimulation models (MSM) and Computable General Equilibrium models (CGE) have both been widely used in policy analysis. The combination of these two model types allows the utilization of the advantages of both types. The aim of this paper is to describe the state-of-the-art in simulation modeling and to demonstrate the benefits of linking both model types modeling using a flat tax reform proposal ...
In:
Zeitschrift für Wirtschaftspolitik
58 (2009), 1, 127-154
| Andreas Peichl
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Closely following recent innovations in the literature on the multidimensional measurement of poverty, this paper provides similar measures for the top of the distribution using a dual cutoff method to identify individuals, who can be considered as rich in a multidimensional setting. We use this framework to analyze the role of wealth, health and education, in addition to income, as dimensions of multidimensional ...
Berlin:
DIW Berlin,
2010,
(SOEPpapers 295)
| Andreas Peichl, Nico Pestel
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This paper suggests multidimensional affluence measures for the top of the distribution. In contrast to commonly used top income shares, they allow the analysis of the extent, intensity and breadth of affluence in several dimensions within a common framework. We illustrate this by analyzing the role of income and wealth as dimensions of multidimensional well-being in Germany and the US in 2007 as well ...
In:
Applied Economics
45 (2011), 32,
| Andreas Peichl, Nico Pestel
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This paper employs a multidimensional approach for the measurement of well-being at the top of the distribution using German SOEP micro data. Besides income as traditional indicator for material well-being, we include health as a proxy for nonmaterial quality of life as well as self-reported satisfaction with life as dimensions. We find that one third of the German population is well-off in at least ...
In:
Fiscal Studies
34 (2013), 3, 355-371
| Andreas Peichl, Nico Pestel
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Inequality has increased considerably in many Western countries over the past decades. When dealing with economic inequality as a research subject the question "inequality of what among whom" arises. Analyses of inequality are typically concerned with the distribution of wages, earnings or income and have been performed by different strands in the literature, mainly in public and in labor ...
Bonn:
Institute for the Study of Labor (IZA),
2014,
(IZA Policy Paper No. 89)
| Andreas Peichl, Nico Pestel
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In Germany, two observations can be tracked over the past 15 to 20 years: First, income inequality has constantly increased while, second, the average household size has been declining dramatically. The analysis of income distribution relies on equivalence-weighted incomes, which take into account household size. Therefore, there is an obvious link between these two developments. The aim of the paper ...
Berlin:
DIW Berlin,
2009,
(SOEPpapers 205)
| Andreas Peichl, Nico Pestel, Hilmar Schneider
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Da die Analyse von Einkommensverteilungen auf äquivalenzgewichteten Einkommen beruht, ist die Entwicklung der Einkommensungleichheit nicht nur Ausdruck für Veränderungen in der Entlohnungsstruktur, sondern auch für Veränderungen von Haushaltsgröße und -zusammensetzung. In den letzten 15 bis 20 Jahren ist die Einkommensungleichheit in Deutschland kontinuierlich gestiegen, während sich gleichzeitig die ...
In:
Zeitschrift für Arbeitsmarktforschung (ZAF)
43 (2011), 4, 327-338
| Andreas Peichl, Nico Pestel, Hilmar Schneider
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Income inequality in Germany has been continually increasing during the past 20 years. One cause of this development, among others, could be structural shifts in household formation due to long-term societal trends. These affect per capita incomes, which has repercussions for the income distribution even if wages remain constant. The aim of this paper is to quantify the proportion of changing household ...
In:
Review of Income and Wealth
58 (2012), 1, 118-141
| Andreas Peichl, Nico Pestel, Hilmar Schneider
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Die Komplexität des deutschen Steuersystems hat in den vergangenen Jahren immer wieder Kritik hervorgerufen und zu verschiedenen Verbesserungsvorschlägen geführt, von denen jedoch bislang noch keiner ungesetzt wurde. Denn um eine breite politische Akzeptanz zu erlangen, müssen Reformvorschläge zum Steuersystem neben Transparenz und Einfachheit gleichzeitig sicherstellen, dass die Einkommensungleichheit ...
In:
Wirtschaftsdienst
91 (2011), 5, 328-332
| Andreas Peichl, Nico Pestel, Hilmar Schneider, Sebastian Siegloch