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Review of Income and Wealth最新文献

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Mortgage prepayments and tax‐exempted intergenerational transfers: from rich parents to rich children? 抵押贷款提前支付和免税代际转移:从富裕的父母到富裕的孩子?
3区 经济学
Review of Income and Wealth Pub Date : 2023-06-07 DOI: 10.1111/roiw.12644
Yue Li, Mauro Mastrogiacomo
{"title":"Mortgage prepayments and tax‐exempted intergenerational transfers: from rich parents to rich children?","authors":"Yue Li, Mauro Mastrogiacomo","doi":"10.1111/roiw.12644","DOIUrl":"https://doi.org/10.1111/roiw.12644","url":null,"abstract":"The Dutch government implemented two changes to the taxation of intergenerational transfers aimed at mortgage down payments and prepayments. We identify the effects of these tax exemptions on prepayments and inter vivos transfers separately by taking advantage of the changes in policy design. The policy changes resulted in two expansions of tax‐exempt transfers, which increased the probability of receiving such transfers, translating into a modest increase in prepayments. Initially, the amounts prepaid increased by a similar magnitude, while the second policy change only resulted in an increase in the amounts being transferred but not the prepayments. The macroprudential policy goal was to reduce the number of underwater mortgages, but the policy was too generic and did not help to achieve this. The prepayments triggered by the policy change increased mostly for borrowers with low original loan‐to‐value ratios, implying that most transfers were made from wealthy parents to housing‐rich children.","PeriodicalId":47853,"journal":{"name":"Review of Income and Wealth","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135404612","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Safe at Last? Late Effects of a Mass Immunization Campaign on Households' Economic Insecurity 终于安全了?大规模免疫运动对家庭经济不安全的后期影响
3区 经济学
Review of Income and Wealth Pub Date : 2023-05-29 DOI: 10.1111/roiw.12643
Alessandro Belmonte, Harry Pickard
{"title":"Safe at Last? Late Effects of a Mass Immunization Campaign on Households' Economic Insecurity","authors":"Alessandro Belmonte, Harry Pickard","doi":"10.1111/roiw.12643","DOIUrl":"https://doi.org/10.1111/roiw.12643","url":null,"abstract":"We study the effects of receiving immunization from COVID‐19 on households' economic insecurity. To provide causal estimates we use a fuzzy regression discontinuity design which takes advantage of the UK's immunization plan. The plan was primarily based on age, granting differential eligibility to proximate cohorts. Our estimated local average treatment effect indicates that the share of households who declared being economically insecure dropped by 41 percentage points among those who received the vaccine due to the eligibility criteria. Using a difference‐in‐discontinuity design we next document that immunization was more salient for women as well as for large households and those with children. Our results suggest that the mass immunization campaign against COVID‐19 had relevant short‐run economic effects, well beyond its expected impact on people's health.","PeriodicalId":47853,"journal":{"name":"Review of Income and Wealth","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135793017","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Income sources, intrahousehold allocation and individual poverty 收入来源、家庭内部分配和个人贫困
IF 2 3区 经济学
Review of Income and Wealth Pub Date : 2023-05-03 DOI: 10.1111/roiw.12642
O. Bargain
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引用次数: 0
Land Allocation Policy and Income Inequality: Evidence From Vietnam 土地分配政策与收入不平等:来自越南的证据
IF 2 3区 经济学
Review of Income and Wealth Pub Date : 2023-04-17 DOI: 10.1111/roiw.12640
Jinjing Li, Thi Bich Hanh Tran, H. A. La, M. Nguyen
{"title":"Land Allocation Policy and Income Inequality: Evidence From Vietnam","authors":"Jinjing Li, Thi Bich Hanh Tran, H. A. La, M. Nguyen","doi":"10.1111/roiw.12640","DOIUrl":"https://doi.org/10.1111/roiw.12640","url":null,"abstract":"","PeriodicalId":47853,"journal":{"name":"Review of Income and Wealth","volume":"28 3","pages":""},"PeriodicalIF":2.0,"publicationDate":"2023-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73250878","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Industry‐Specific Productivity and Spillovers Through Input–Output Linkages: Evidence from Asia‐Pacific Value Chain 产业特定生产率与投入产出关联的溢出效应:来自亚太价值链的证据
IF 2 3区 经济学
Review of Income and Wealth Pub Date : 2023-04-07 DOI: 10.1111/roiw.12639
Weilin Liu, R. Sickles
{"title":"Industry‐Specific Productivity and Spillovers Through Input–Output Linkages: Evidence from Asia‐Pacific Value Chain","authors":"Weilin Liu, R. Sickles","doi":"10.1111/roiw.12639","DOIUrl":"https://doi.org/10.1111/roiw.12639","url":null,"abstract":"","PeriodicalId":47853,"journal":{"name":"Review of Income and Wealth","volume":"8 1","pages":""},"PeriodicalIF":2.0,"publicationDate":"2023-04-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85055692","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Earnings, Cohort Effects, and Inter‐Generational Inequality: Evidence From the Luxembourg Income Study 收入、群体效应和代际不平等:来自卢森堡收入研究的证据
IF 2 3区 经济学
Review of Income and Wealth Pub Date : 2023-04-04 DOI: 10.1111/roiw.12641
Michael Freedman
{"title":"Earnings, Cohort Effects, and Inter‐Generational Inequality: Evidence From the Luxembourg Income Study","authors":"Michael Freedman","doi":"10.1111/roiw.12641","DOIUrl":"https://doi.org/10.1111/roiw.12641","url":null,"abstract":"","PeriodicalId":47853,"journal":{"name":"Review of Income and Wealth","volume":"44 1","pages":""},"PeriodicalIF":2.0,"publicationDate":"2023-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80251677","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Inequality Measurement and The Rich: Why Inequality Increased More Than We Thought 不平等测量与富人:为什么不平等的增长比我们想象的要多
IF 2 3区 经济学
Review of Income and Wealth Pub Date : 2023-03-06 DOI: 10.1111/roiw.12638
F. Cowell, Emmanuel Flachaire
{"title":"Inequality Measurement and The Rich: Why Inequality Increased More Than We Thought","authors":"F. Cowell, Emmanuel Flachaire","doi":"10.1111/roiw.12638","DOIUrl":"https://doi.org/10.1111/roiw.12638","url":null,"abstract":"Many standard inequality measures can be written as ratios with the mean in the denominator. When one income moves away from equality, both the numerator and the denominator may vary in the same direction and such indices may decrease. This anomalous behaviour is not shared by median-normalised inequality measures developed in this paper, where the mean at the denominator is replaced by the median. However, median-normalised inequality measures do not respect the principle of transfers. We show that the absolute Gini and the mean logarithmic deviation, or second Theil index, are the only measures that both avoid anomalous behaviour when one income is varied and also satisfy the principle of transfers. An application shows that the increase in inequality in the United States over recent decades is understated by the Gini index and that the mean logarithmic deviation index should be preferred in practice.","PeriodicalId":47853,"journal":{"name":"Review of Income and Wealth","volume":"72 1","pages":""},"PeriodicalIF":2.0,"publicationDate":"2023-03-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78735678","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 9
Martin Ravallion (1952–2022): In Memoriam 马丁·拉瓦里昂(1952-2022):悼念
IF 2 3区 经济学
Review of Income and Wealth Pub Date : 2023-03-01 DOI: 10.1111/roiw.12636
Francisco H. G. Ferreira
{"title":"Martin Ravallion (1952–2022): In Memoriam","authors":"Francisco H. G. Ferreira","doi":"10.1111/roiw.12636","DOIUrl":"https://doi.org/10.1111/roiw.12636","url":null,"abstract":"","PeriodicalId":47853,"journal":{"name":"Review of Income and Wealth","volume":"14 1","pages":""},"PeriodicalIF":2.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87643945","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
An Examination of Public Income Redistribution 公共收入再分配研究
IF 2 3区 经济学
Review of Income and Wealth Pub Date : 2023-02-14 DOI: 10.1111/roiw.12637
J. Arendt, Mads Lybech Christensen
{"title":"An Examination of Public Income Redistribution","authors":"J. Arendt, Mads Lybech Christensen","doi":"10.1111/roiw.12637","DOIUrl":"https://doi.org/10.1111/roiw.12637","url":null,"abstract":"","PeriodicalId":47853,"journal":{"name":"Review of Income and Wealth","volume":"55 1","pages":""},"PeriodicalIF":2.0,"publicationDate":"2023-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80638621","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A bivariate relative poverty line for leisure time and income poverty: Detecting intersectional differences using distributional copulas 休闲时间和收入贫困的双变量相对贫困线:使用分布联结检测交叉差异
IF 2 3区 经济学
Review of Income and Wealth Pub Date : 2023-02-14 DOI: 10.1111/roiw.12635
Franziska Dorn, Rosalba Radice, G. Marra, T. Kneib
{"title":"A bivariate relative poverty line for leisure time and income poverty: Detecting intersectional differences using distributional copulas","authors":"Franziska Dorn, Rosalba Radice, G. Marra, T. Kneib","doi":"10.1111/roiw.12635","DOIUrl":"https://doi.org/10.1111/roiw.12635","url":null,"abstract":"Empirical research on poverty today often goes beyond a focus on income to consider other dimensions of well-being. However, relatively few multidimensional poverty measures explicitly consider time, despite its particular relevance to women’s double burden of paid and unpaid work. We construct a bivariate relative poverty line between income and leisure, based on their joint distribution in the population. Because the strength of the dependence between income and leisure influences the vulnerability to poverty, we incorporate distributional regression into copula models. Utilizing the 2018 Mexican National Survey of Households, Income and Expenses, we investigate differences in bidimensional poverty with respect to gender and ethnicity. We find that the fraction defined as bidimensional poor is 18 percentage points higher than the poverty rate computed from separate time and income measures. Those below the relative but above the absolute poverty line are primarily non-indigenous women whose poverty is made visible by our approach.","PeriodicalId":47853,"journal":{"name":"Review of Income and Wealth","volume":"26 1","pages":""},"PeriodicalIF":2.0,"publicationDate":"2023-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90543652","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
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