Bonn:
IZA,
2008,
24 S.
(Discussion Paper Series / Forschungsinstitut zur Zukunft der Arbeit ; 3492)
| Anna Fräßdorf, Markus M. Grabka, Johannes Schwarze
Welfare-oriented analyses of economic outcome measures such as income and wealth generally rest on the assumption of pooled and equally shared resources among all household members. Yet the lack of individual-level data hampers the distribution of income and wealth within the ousehold context. Based on unique individual-level wealth data from the German Socio-Economic Panel (SOEP), this paper challenges ...
2008| Eva M. Sierminska, Joachim R. Frick, Markus M. Grabka
In several OECD countries, public pay-as-you-go financed pension systems have undergone major reforms in which future retirement benefit promises have been scaled down. A consequence of these reforms is that especially in countries with a tight tax-benefit linkage, the retirement benefit claims of low-income workers might not even exceed the minimum income guarantee which the government provides the ...
Using kernel density estimation we find that over their 1990s business cycles the entire distribution of after-tax (disposable) income moved to the right in the United States and Great Britain while inequality declined. In contrast, Germany and Japan experienced less growth, a rise in inequality and a decline in the middle mass of their distributions that spread mostly to the right, much like the United ...
2007| Richard V. Burkhauser, Takashi Oshio, Ludmila Rovba