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J.h.m. Nelissen - One of the best experts on this subject based on the ideXlab platform.
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Lifetime Income distribution: households versus individuals
Applied Economics Letters, 1995Co-Authors: J.h.m. NelissenAbstract:Equivalent Lifetime Income is more equally distributed than individual (non-equivalent) Lifetime Income. The assumption that Lifetime Income inequality is smaller than the annual Income inequality is confirmed by our results. However, the difference between both appears to be rather small, in particular with respect to the older generations.
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Lifetime Income distribution: Households versus individuals
1995Co-Authors: J.h.m. NelissenAbstract:Equivalent Lifetime Income is more equally distributed than individual (non-equivalent) Lifetime Income. The assumption that Lifetime Income inequality is smaller than the annual Income inequality is confirmed by our results. However, the difference between both appears to be rather small, in particular with respect to the older generations.(This abstract was borrowed from another version of this item.)
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Lifetime Income redistribution by the old-age state pension in The Netherlands
Journal of Public Economics, 1995Co-Authors: J.h.m. NelissenAbstract:Abstract This paper looks at how the Dutch General Old-Age Pensions Act impacts the distribution of equivalent Lifetime Income, using a dynamic cross-sectional microsimulation model. Considering both vertical and horizontal redistributional effects, the paper shows that Lifetime redistribution is considerably smaller than the redistribution measured on the basis of a period approach. The horizontal Lifetime redistribution is more important than the vertical one, but this effect is rather limited, in particular due to the increasing premium percentages in combination with the regressive nature of the contribution levying.
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Lifetime Income redistribution by social security
1995Co-Authors: J.h.m. NelissenAbstract:This paper discusses the redistributive impact of the Dutch social security system on Lifetime basis. Net benefits appear to be positive for the birth generations up to 1960. Social insurances show a declining net benefit, whereas for occupational pensions the reverse holds. It is generally assumed that flat-rated social security schemes are more redistributive ones than wage-related schemes. However, the Dutch social security system shows that on a Lifetime basis the redistributive impact of flat-rated general insurances does not necessarily largely differ from the wage-related employee insurances. Social assistance schemes result in a very large Income redistribution in view of the small amounts involved. Social insurances and social assistance schemes have an Income equalizing effect. On the contrary, occupational pensions increase Income inequality.(This abstract was borrowed from another version of this item.)
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Lifetime Income redistribution by social security.
Journal of population economics, 1995Co-Authors: J.h.m. NelissenAbstract:This paper discusses the redistributive impact of the Dutch social security system on Lifetime basis. Net benefits appear to be positive for the birth generations up to 1960. Social insurances show a declining net benefit, whereas for occupational pensions the reverse holds. It is generally assumed that flat-rated social security schemes are more redistributive ones than wage-related schemes. However, the Dutch social security system shows that on a Lifetime basis the redistributive impact of flat-rated general insurances does not necessarily largely differ from the wage-related employee insurances. Social assistance schemes result in a very large Income redistribution in view of the small amounts involved. Social insurances and social assistance schemes have an Income equalizing effect. On the contrary, occupational pensions increase Income inequality.
Jean-marc Robin - One of the best experts on this subject based on the ideXlab platform.
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Twenty Years of Rising Inequality in U.S. Lifetime Labour Income Values
Review of Economic Studies, 2004Co-Authors: Audra J. Bowlus, Jean-marc RobinAbstract:In this paper we study the evolution of Lifetime labour Income inequality by constructing present value life cycle measures that incorporate both earnings and employment risk. We find that, even though Lifetime Income inequality is 40% less than earnings inequality, the total increase in Lifetime Income inequality over the past 20 years is the same as earnings inequality. While the total increase is the same, the pathways there differ with earnings inequality experiencing a steady increase and Lifetime Income inequality increasing in spurts particularly in the latter half of the 1990s. Finally, we find the changes in Lifetime Income inequality are primarily driven by changes in earnings mobility and changes in the earnings distribution itself, changes in employment risk and the composition of the sample, such as the shift toward attaining more education and the ageing population, do not play a large role. © 2004 The Review of Economics Studies Limited.
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Twenty Years of Rising Inequality in U.S. Lifetime Labour Income Values
2002Co-Authors: Audra J. Bowlus, Jean-marc RobinAbstract:In this paper we study the evolution of Lifetime labour Income inequality by constructing present value life cycle measures that incorporate both earnings and employment risk. We find that, even though Lifetime Income inequality is 40% less than earnings inequality, the total increase in Lifetime Income inequality over the past 20 years is the same as earnings inequality. While the total increase is the same, the pathways there differ with earnings inequality experiencing a steady increase and Lifetime Income inequality increasing in spurts particularly in the latter half of the 1990s. Finally, we find the changes in Lifetime Income inequality are primarily driven by changes in earnings mobility and changes in the earnings distribution itself, changes in employment risk and the composition of the sample, such as the shift toward attaining more education and the ageing population, do not play a large role. Copyright 2004 The Review of Economic Studies Ltd.
Sofia Sandgren - One of the best experts on this subject based on the ideXlab platform.
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Parental Income, Lifetime Income, and Mortality
Journal of the European Economic Association, 2008Co-Authors: Mårten Palme, Sofia SandgrenAbstract:This article studies the relation between parental economic resources and mortality later in life. We use a data set on a cohort of individuals born in 1928 in the county of Malmo in southern Sweden, which contains exceptionally detailed measures of parental household Income from five years during the individuals’ childhood between 1929 and 1942. The data also contain very rich information on individual earnings throughout these individuals’ entire life cycle that allows us to construct a measure of Lifetime earnings. Date and cause of death are obtained from national registers. Using Cox proportional hazard models, we find an inverse relationship between parental Income and mortality, also when controlling for individual Lifetime Income and when studying those with high education separately. A competing risk analysis shows the relation between parental Income and mortality to apply to cancer as the cause of death. (JEL: D31, I10, I12, J10)
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Parental Income, Lifetime Income and Mortality
Research Papers in Economics, 2007Co-Authors: Mårten Palme, Sofia SandgrenAbstract:This paper studies the relation between parental economic resources and mortality later in life. We use a data set on a cohort of individuals born in 1928 in the county of Malmo in southern Sweden, which contains exceptionally detailed measures of parental household Income from five years during the indivduals' childhood between 1929 and 1942. The data also contain very rich information on individual earnings throughout these individuals' entire life cycle that allows us to construct a measure of Lifetime earnings. Date and cause of death are obtained from national registers. Using Cox proportional hazard models, we find an inverse relationship between parental indome and mortality, also when controling for indivdual Lifetime Income and when studying those with high education separately. A competing risk analysis shows the relation between parental Income and mortality to apply to cancer as the cause of death.
Audra J. Bowlus - One of the best experts on this subject based on the ideXlab platform.
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Twenty Years of Rising Inequality in U.S. Lifetime Labour Income Values
Review of Economic Studies, 2004Co-Authors: Audra J. Bowlus, Jean-marc RobinAbstract:In this paper we study the evolution of Lifetime labour Income inequality by constructing present value life cycle measures that incorporate both earnings and employment risk. We find that, even though Lifetime Income inequality is 40% less than earnings inequality, the total increase in Lifetime Income inequality over the past 20 years is the same as earnings inequality. While the total increase is the same, the pathways there differ with earnings inequality experiencing a steady increase and Lifetime Income inequality increasing in spurts particularly in the latter half of the 1990s. Finally, we find the changes in Lifetime Income inequality are primarily driven by changes in earnings mobility and changes in the earnings distribution itself, changes in employment risk and the composition of the sample, such as the shift toward attaining more education and the ageing population, do not play a large role. © 2004 The Review of Economics Studies Limited.
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Twenty Years of Rising Inequality in U.S. Lifetime Labour Income Values
2002Co-Authors: Audra J. Bowlus, Jean-marc RobinAbstract:In this paper we study the evolution of Lifetime labour Income inequality by constructing present value life cycle measures that incorporate both earnings and employment risk. We find that, even though Lifetime Income inequality is 40% less than earnings inequality, the total increase in Lifetime Income inequality over the past 20 years is the same as earnings inequality. While the total increase is the same, the pathways there differ with earnings inequality experiencing a steady increase and Lifetime Income inequality increasing in spurts particularly in the latter half of the 1990s. Finally, we find the changes in Lifetime Income inequality are primarily driven by changes in earnings mobility and changes in the earnings distribution itself, changes in employment risk and the composition of the sample, such as the shift toward attaining more education and the ageing population, do not play a large role. Copyright 2004 The Review of Economic Studies Ltd.
Mårten Palme - One of the best experts on this subject based on the ideXlab platform.
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Parental Income, Lifetime Income, and Mortality
Journal of the European Economic Association, 2008Co-Authors: Mårten Palme, Sofia SandgrenAbstract:This article studies the relation between parental economic resources and mortality later in life. We use a data set on a cohort of individuals born in 1928 in the county of Malmo in southern Sweden, which contains exceptionally detailed measures of parental household Income from five years during the individuals’ childhood between 1929 and 1942. The data also contain very rich information on individual earnings throughout these individuals’ entire life cycle that allows us to construct a measure of Lifetime earnings. Date and cause of death are obtained from national registers. Using Cox proportional hazard models, we find an inverse relationship between parental Income and mortality, also when controlling for individual Lifetime Income and when studying those with high education separately. A competing risk analysis shows the relation between parental Income and mortality to apply to cancer as the cause of death. (JEL: D31, I10, I12, J10)
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Parental Income, Lifetime Income and Mortality
Research Papers in Economics, 2007Co-Authors: Mårten Palme, Sofia SandgrenAbstract:This paper studies the relation between parental economic resources and mortality later in life. We use a data set on a cohort of individuals born in 1928 in the county of Malmo in southern Sweden, which contains exceptionally detailed measures of parental household Income from five years during the indivduals' childhood between 1929 and 1942. The data also contain very rich information on individual earnings throughout these individuals' entire life cycle that allows us to construct a measure of Lifetime earnings. Date and cause of death are obtained from national registers. Using Cox proportional hazard models, we find an inverse relationship between parental indome and mortality, also when controling for indivdual Lifetime Income and when studying those with high education separately. A competing risk analysis shows the relation between parental Income and mortality to apply to cancer as the cause of death.