Arbeitspapier

Measuring richness and poverty: a micro data application to Europe and Germany

In this paper, we define a new class of richness measures. In contrast to the often used headcount, these new measures are sensitive to changes in rich persons' income and therefore allow for a more sophisticated analysis of richness. We demonstrate the application of these new measures to analyze the development of poverty and richness over time in Germany, to compare Germany to many other European countries and to investigate the impact of tax reforms on poverty and richness. Using these examples, we show the importance of taking into account the intensity of changes and not only the number of people beyond a given richness line (headcount). We propose to use the new measures in addition to the headcount index for a more comprehensive analysis of richness.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 3790

Klassifikation
Wirtschaft
Personal Income, Wealth, and Their Distributions
Thema
Richness
affluence
poverty
tax reform
flat tax
Reichtum
Armut
Disparitätsmaß
Flat Tax
Steuerreform
Steuerinzidenz
Simulation
Deutschland
Welt

Ereignis
Geistige Schöpfung
(wer)
Peichl, Andreas
Schaefer, Thilo
Scheicher, Christoph
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2008

Handle
URN
urn:nbn:de:101:1-20081126543
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Peichl, Andreas
  • Schaefer, Thilo
  • Scheicher, Christoph
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2008

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