Inequality, Taxation, and Intergenerational Transmission

John A. Bishop is a Professor of Economics at East Carolina University, USA. He has published more than seventy-five papers on the topics of inequality and poverty. His best known work includes statistical inference for inequality and poverty measures, benefit incidence analysis, tax progressivity analysis, and the inequality effects of alternative public policies. Current research interests include subjective equivalence scales, regional price effects on inequality and poverty, and discrimination. Recent papers appear in the Review of Income and Wealth, Journal of Economic Inequality, and the B.E. Journal of Economic Analysis and Policy.Juan Gabriel Rodríguez is a Professor of Economics at Universidad Complutense de Madrid (Spain) and member of EQUALITAS, ICAE and CEDESOG. Previously, he was Head of Research Studies of the Spanish Fiscal Studies Institute (2008-10). His fields of research are inequality, equality of opportunity, economic growth and social welfare. He has published in reviews like Journal of Economic Theory, Journal of Economic Development, Oxford Bulletin of Economics and Statistics, Journal of Economic Inequality, Social Choice and Welfare and Review of Income and Welfare. Current research interests include measurement of opportunity, inequality-of-opportunity effects on economic growth, and mobility.

This volume brings together 11 papers presented at the Eighth Society for the Study of Economic Inequality meeting, held in New York in July 2017. Economists and other social scientists from Europe, Israel, Brazil, and the US address topics related to inequality, poverty, taxation, and intergenerational transmission: inheritance taxation, the relationship between inequality and progressive taxation under a general definition of inequality equivalence, income and wealth distributions in a neoclassical growth model, the application of a decomposition method of the Foster-Wolfson bipolarization index to earnings functions, the application of multidimensional poverty measurement to food security, the impact of education on income inequality in Latin America, income inequality and inequality of opportunity in Europe, macroeconomic determinants of cross-country differences in intergenerational transmission of economic disadvantage in Europe, long-run factors influencing intergenerational perceived job status mobility, why the perception of inequality and objective inequality often differ, and the role of governance in the expression of equality preferences.

• INTRODUCTION Chapter 1. INHERITANCE TAXATION: REDISTRIBUTION AND PREDISTRIBUTION; Frank A. Cowell, Dirk van de Gaer and Chang HeChapter 2. A NOTE ON PROGRESSIVE TAXATION AND INEQUALITY EQUIVALENCE; Claudio ZoliChapter 3. INCOME AND WEALTH DISTRIBUTION IN A NEOCLASSICAL GROWTH MODEL WITH σ≥1; Mauro PatraoChapter 4. APPLYING THE DECOMPOSITION OF THE FOSTER AND WOLFSON BIPOLARIZATION INDEX TO EARNINGS FUNCTIONS; Elena Bárcena-Martín and Jacques Silber Chapter 5. THE COUNTING APPROACH TO MULTIDIMENSIONAL FOOD SECURITY MEASUREMENT: THE CASE OF ISRAEL; Miri Endeweld and Jacques Silber Chapter 6. THE IMPACT OF EDUCATION ON INCOME INEQUALITY IN LATIN AMERICA BETWEEN 2000 AND 2010; Claudia Samano-Robles Chapter 7. INCOME INEQUALITY AND INEQUALITY OF OPPORTUNITY IN EUROPE. ARE THEY ON THE RISE?; Ana Suárez Álvarez and Ana Jesús López Menéndez Chapter 8. MACROECONOMIC DETERMINANTS OF CROSS-COUNTRY DIFFERENCES IN INTERGENERATIONAL TRANSMISSION OF ECONOMIC DISADVANTAGE IN EUROPE; Maria A. Davia and Nuria Legazpe Chapter 9. LONG-RUN FACTORS INFLUENCING INTERGENERATIONAL PERCEIVED JOB STATUS MOBILITY; John A. Bishop, Haiyong Liu and Juan Gabriel RodríguezChapter 10. MISPERCEPTIONS: AN ANALYSIS OF SUBJECTIVE ECONOMIC INEQUALITY; Aboozar HadavandChapter 11. DEMOCRACY AND EQUALITY PREFERENCES; John A. Bishop and Haiyong Liu