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dc.contributor.authorFräßdorf, Annaen_US
dc.contributor.authorGrabka, Markus M.en_US
dc.contributor.authorSchwarze, Johannesen_US
dc.date.accessioned2008-08-29en_US
dc.date.accessioned2010-07-07T11:30:35Z-
dc.date.available2010-07-07T11:30:35Z-
dc.date.issued2008en_US
dc.identifier.piurn:nbn:de:101:1-20080527129en_US
dc.identifier.urihttp://hdl.handle.net/10419/34906-
dc.description.abstractThis paper analyses the contribution of capital income to income inequality in a cross-national comparison. Using micro-data from the Cross-National Equivalent File (CNEF) for three prominent panel studies, namely the BHPS for Great Britain, the SOEP for West Germany, and the PSID for the USA, a factor decomposition method described by Shorrocks (1982) is applied. The factor decomposition of disposable income into single income components shows that capital income is exceedingly volatile and its share in disposable income has risen in recent years. Moreover, capital income makes a disproportionately high contribution to overall inequality in relation to its share in disposable income. This applies to Germany and the USA in particular. Thus capital income accounts for a large part of disparity in all three countries.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 3492en_US
dc.subject.jelD33en_US
dc.subject.ddc330en_US
dc.subject.keywordInequalityen_US
dc.subject.keywordcapital incomeen_US
dc.subject.keywordfactor decompositionen_US
dc.subject.keywordCNEFen_US
dc.subject.stwHaushaltseinkommenen_US
dc.subject.stwKapitalertragen_US
dc.subject.stwEinkommensverteilungen_US
dc.subject.stwDekompositionsverfahrenen_US
dc.subject.stwGroßbritannienen_US
dc.subject.stwDeutschlanden_US
dc.subject.stwUSAen_US
dc.titleThe impact of household capital income on income inequality: A factor decomposition analysis for Great Britain, Germany and the USAen_US
dc.typeWorking Paperen_US
dc.identifier.ppn568962990en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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