‘Low Income Inequality, High Wealth Inequality'

E.H.P. Frankema, B. van Bavel

Research output: Working paperAcademic

Abstract

Inequality studies tend to assume a positive correlation between income and wealth inequality. We doubt whether this holds for Rhineland welfare states as they seem to combine low income inequality with high wealth inequality levels. We hypothesize that publicly funded life-time income security, which is so typical for Rhineland welfare states, enhances private debt creation, while the redistributive taxes required to finance this system are targeting income rather than wealth.
Original languageEnglish
Place of PublicationUtrecht
PublisherCentre for Global Economic History
Publication statusPublished - 2013

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Income inequality
Income
Wealth inequality
Low income
Welfare state
Targeting
Wealth
Tax
Private debt
Finance

Cite this

Frankema, E. H. P., & van Bavel, B. (2013). ‘Low Income Inequality, High Wealth Inequality'. Utrecht: Centre for Global Economic History.
Frankema, E.H.P. ; van Bavel, B. / ‘Low Income Inequality, High Wealth Inequality'. Utrecht : Centre for Global Economic History, 2013.
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Frankema, EHP & van Bavel, B 2013 '‘Low Income Inequality, High Wealth Inequality'' Centre for Global Economic History, Utrecht.

‘Low Income Inequality, High Wealth Inequality'. / Frankema, E.H.P.; van Bavel, B.

Utrecht : Centre for Global Economic History, 2013.

Research output: Working paperAcademic

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Frankema EHP, van Bavel B. ‘Low Income Inequality, High Wealth Inequality'. Utrecht: Centre for Global Economic History. 2013.