-
We use social welfare functions that assign weights to individuals based on their income levels to document the relative importance of growth and inequality changes for changes in social welfare. In a large panel of industrial and developing countries over the past 40 years, we find that most of the cross-country and over-time variation in changes in social welfare is due to changes in average incomes. ...
Luxembourg:
Luxembourg Income Study (LIS),
2014,
(LIS Working Paper Series No. 626)
| David Dollar, Tatjana Kleineberg, Aart Kraay
-
This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 48 per cent of the shock are absorbed in the EU, compared to 34 ...
Cambridge:
National Bureau of Economic Research,
2010,
(NBER Working Paper 16275)
| Mathias Dolls, Clemens Fuest, Andreas Peichl
-
This paper investigates to what extent the tax and transfer systems in Europe protect households at different income levels against losses in current income caused by economic downturns like the present financial crisis. We use a multi country micro simulation model to analyse how shocks on market income and employment are mitigated by taxes and transfers. We find that the aggregate redistributive ...
Bonn:
Institute for the Study of Labor (IZA),
2010,
(IZA DP No. 4917)
| Mathias Dolls, Clemens Fuest, Andreas Peichl
-
This paper analyzes the effectiveness of social protection systems in Europe and the US to provide (income) insurance against macro level shocks in terms of automatic stabilizers. We find that automatic stabilizers absorb 38% of a proportional income shock and 47% of an idiosyncratic unemployment shock in Europe, compared to 32% and 34% in the US. There is large heterogeneity within Europe with stabilization ...
Bonn:
Institute for the Study of Labor (IZA),
2010,
(IZA Policy Paper No. 18)
| Mathias Dolls, Clemens Fuest, Andreas Peichl
-
This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We consider two scenarios: a proportional income shock and a shock on employment which increases the rate of unemployment. We find that automatic stabilizers absorb 38 percent of a proportional income shock in the EU, compared to 32 ...
In:
Perspektiven der Wirtschaftspolitik
11 (2010), 2, 132-145
| Mathias Dolls, Clemens Fuest, Andreas Peichl
-
Porto:
ERSA,
2004,
| Juana Domínguez Domínguez, José Javier Núñez Velázquez, Luis F. Rivera Galicia
-
2005,
| Juana Domínguez-Domínguez, José Núñez-Velásquez
-
München und Mering:
Rainer Hampp Verlag,
1996,
| Michel E. Domsch, Harriet Macke, Kristina Schöne
-
Cross-sectional age differences in the Big Five personality traits were investigated using 2 large datasets from Great Britain and Germany: the British Household Panel Study (BHPS; N >= 14,039) and the German Socio-Economic Panel Study (GSOEP; N >= 20,852). Participants, who ranged in age from 16 to the mid-80s, completed a 15-item version of the Big Five Inventory (e.g., John & Srivastava, ...
In:
Psychology and Aging
23 (2008), 3, 558-566
| M. Brent Donnellan, Richard E. Lucas
-
In:
Kali H. Trzesniewski, M. Brent Donnellan, Richard E. Lucas ,
Secondary Data Analysis. An Introduction for Psychologists.
Washington, D.C.: American Psychological Association
3-9
| M. Brent Donnellan, Kali H. Trzesniewski, Richard E. Lucas