JVM Seminar: Andreas Peichl (ZEW Mannheim)
Inequality by Income Source over the Business Cycle
Andreas Peichl (ZEW Mannheim)
We provide a comprehensive analysis of the impact of business cycle variation on income inequality in Germany. Our analysis is based on data from the German Tax Payer Panel (TPP) covering the entire population of taxpayers from 2001 to 2010. In particular, we pose the following questions: In what aspects does the distribution of individual market income risk differ between economic downturns and periods of economic growth? Which parts of the income distribution are affected the most and how do such potential differences translate into changes of market income inequality? In our analysis, we consider not only earnings but all components of individual market income, i.e. we distinguish between labor earnings, self-employment income, business income and capital income. Results are still work in progress...
paper jointly with M. Drechsel-Grau and K. Schmid