African American children are more likely to be poor and live in households that are ‘‘asset poor,’’ with no or very little net worth. Using the Panel Study of Income Dynamics and its Child Development Supplement, this article explores whether living in a household with net worth above the sample median seems to promote educational success and the development of human capital over time, irrespe...

The standard theory of optimal income taxation under uncertainty has been developed under the assumption that individuals maximize expected utility. However, prospect theory has now been established as an alternative model of individual behaviour, with empirical support. This paper explores the theory of optimal income taxation under uncertainty when individuals behave according to the tenets o...

The Effect of Migration on Income Growth and Convergence: Meta-Analytic Evidence We compare a set of econometric studies that measure the effect of net internal migration in neoclassical models of long-run real income convergence and derive 67 comparable effect sizes. The precision-weighted estimate of beta convergence is about 2.7%. An increase in the net migration rate of a region by one perc...

The Effect of Migration on Income Growth and Convergence: Meta-Analytic Evidence We compare a set of econometric studies that measure the effect of net internal migration in neoclassical models of long-run real income convergence and derive 67 comparable effect sizes. The precision-weighted estimate of beta convergence is about 2.7%. An increase in the net migration rate of a region by one perc...

An assessment is made of the distributive effects of state subsidies to undergraduate education in public universities and community colleges in Illinois during 1989. The main finding is that the existing system of public subsidy to undergraduate education favors lower-income and middle-income groups. Public subsidies lead to redistribution of income from higher-income to lower-income and middl...

In this study I discuss the pros and cons of using net income vs. gross income in gross income-shares states. It is argued that the “standardized net” approach is the best approach in determining child support awards based on the combined principles of equity and accuracy. However most states use gross income approaches for the sake of simplicity. Such gross income approaches can generate biase...

BACKGROUND International HIV guidelines have recently shifted from a medium-late to an early-start treatment strategy. As a consequence, more people will be eligible to Highly Active Antiretroviral Therapy (HAART). We estimate mean life years gained using different treatment indications in low income countries. METHODS We carried out a systematic search to identify relevant studies on the tre...

In Germany, inequality of net equivalized income increased noticeably in the first half of the new millennium. We aim to identify the main drivers of this rise in income inequality since the early 1990s. We provide a broad overview of the circumstances under which inequality evolved, i.e. which changes in the German economy are most likely to provide an explanation for changes in income concent...

As Medicare's share of federal spending and gross domestic product (GDP) rises, the program may have increasingly important consequences not only for the health of Americans but also for their net income and financial well-being. We use incidence analysis to study payments and benefits in Medicare to various generations and income groups. We find that Medicare actually provides larger net dolla...