scholarly journals Household Debt and Income Inequality: Evidence from Italian Survey Data

Author(s):  
David Loschiavo
2015 ◽  
Vol 22 (18) ◽  
pp. 1469-1473 ◽  
Author(s):  
Edmond Berisha ◽  
John Meszaros ◽  
Eric Olson

2014 ◽  
Vol 59 (01) ◽  
pp. 1450005 ◽  
Author(s):  
QUHENG DENG ◽  
JINJUN XUE

Using the 2007 education survey data in urban China, this paper measures the inequality of education expenditures, an indicator of education inequality, and analyzes the effect of household income on the components of education expenditures. Since the components of education expenditure are censored and inter-related, this paper runs a multivariate Tobit system regression of five categories of education expenditures. Our results imply that household income per capita positively affects expenditure on boarding, private tutoring and costs for selecting schools but does not affect expenditure on textbooks. In return, the inequality of education expenditures contribute to income inequality in urban China.


2021 ◽  
Vol 2021 (1320) ◽  
pp. 1-48
Author(s):  
Giuseppe Fiori ◽  
◽  
Filippo Scoccianti ◽  

This paper uses over two decades of Italian survey data on business managers' expectations to measure subjective firm-level uncertainty and quantify its economic effects. We document that firm-level uncertainty persists for a few years and varies across firms' demographic characteristics. Uncertainty induces long-lasting economic effects over a broad array of real and financial variables. The source of uncertainty matters with firms responding only to downside uncertainty, that is, uncertainty about future adverse outcomes. Economy-wide uncertainty, constructed aggregating firm-level uncertainty, is countercyclical but uncorrelated with typical proxies in the literature, and accounts for a sizable amount of GDP variation during crises.


2020 ◽  
pp. 1532673X2097210
Author(s):  
David Macdonald

Despite decades of rising inequality, there has been little observed increase in American public support for redistribution. This is puzzling because majorities of Americans profess to be aware of and opposed to high inequality. I argue that this lack of responsiveness is not due to public ignorance of, nor apathy toward, inequality but rather, in part, to negative feelings toward immigrants, a growing, politically salient, and negatively stereotyped “out-group” that is widely viewed as a target of redistributive spending. To test this, I combine data on state-level income inequality with survey data from the 1992 to 2016 Cumulative ANES. I find that growing inequality can prompt support for redistribution but that this depends, in part, on peoples’ immigration attitudes. Overall, these results suggest that immigration has important implications for economic redistribution in an era of high, and rising inequality.


2020 ◽  
pp. 67-106
Author(s):  
Rostislav I. Kapeliushnikov

The paper provides a critical assessment of an authoritative study “From Soviets to oligarchs” (2017) on evolution of economic inequality in Russia by F. Novokmet, T. Piketty and G. Zucman where Russia is portrayed as a country with abnormally polarized income distribution by international standards. The author examines main quantitative results obtained by Piketty’s team, describes peculiar methodological features of their measuring procedure and analyzes how they dissect available empirical data sets. A general conclusion is that the trio uses an unconventional methodology that does not allow to apply equivalence scales; their argument suffers from internal inconsistencies (different units of observation and different definitions of income are used); they misunderstand the nature of data that form a base for their calculations (simulated estimates are perceived as raw survey data, post-tax incomes as pretax ones, etc.); deduction and declaration coefficients that they impose on tax data are empirically improbable; their final estimates of income inequality for Russia are higher than empirically realistic ones approximately by one third (Gini coefficients 0.5—0.6 instead of 0.3—0.4 by other researchers).


1988 ◽  
Author(s):  
Αλεξάνδρα Λειβαδά

THIS THESIS EXAMINES MACROECONOMIC AND MICROECONOMIC ASPECTS OF INCOME INEQUALITY IN GREECE DURING THE PERIOD 1959-1982. THE MACROECONOMIC ASPECTS ARE CONCERNED WITH THE TREND AND CYCLES OF INCOME DISTRIBUTION. THE MICROECONOMIC ASPECTS ARE RELATED TO THE DISTRIBUTIONAL IMPACT OF HOUSEHOLD'S INFLATION RATES. A BROAD SET OF SUMMARY AND DISAGGREGATED INEQUALITY MEASURES IS COMPUTED FOR THE FORMER PURPOSE USING REPORTED INCOME DATA FROM TAX DECLARATIONS. THERE IS A DISCREPANCY IN THE SUGGESTED INEQUALITY TREND DUE TO INTERSECTING LORENZ CURVES AND THE PROPERTIES SATISFIED BY EACH INEQUALITY INDEX. ALSO, THE 1981-82 HOUSEHOLD EXENDITURE SURVEY DATA ARE USED TO CALCULATE THE DISTRIBUTION RATES ACROSS HOUSEHOLDS.


2016 ◽  
Vol 24 (6) ◽  
pp. 404-409 ◽  
Author(s):  
Apostolos Fasianos ◽  
Hamid Raza ◽  
Stephen Kinsella

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