Calendrier du 29 mars 2022
Virtual Development Economics Seminar
Du 29/03/2022 de 17:00 à 18:15
On line
CASEY Kate (Standford University & CEPR)
Scaling Political Information Campaigns
PSI-PSE (Petit Séminaire Informel de la Paris School of Economics) Seminar
Du 29/03/2022 de 17:00 à 18:00
R1-13, Zoom link: https://zoom.us/j/94740575953
NG Robin (UC Louvain)
TBA
Applied Economics Lunch Seminar
Du 29/03/2022 de 12:30 à 13:30
Salle R1.09 PSE
NEEF Theresa (Halle Institute for Economic Research & World Inequality Lab)
When capitalism takes over socialism: (missing) capital and East-West-German income inequality
écrit avec Stefan Bach (DIW Berlin), Charlotte Bartels (DIW Berlin)
Thirty years after the German reunification, differences in income, wealth and living standards between East and West German households persist. Economic convergence is slowing down, while resentment and extreme voting behaviour are on the rise. In recent years, a critical debate about the adequacy of policies accompanying the German reunification has rekindled. This paper explores the reasons behind the persisting income differences by constructing Distributional National Accounts (DINA) for East and West Germany. We use the universe of individual income taxpayers, complement it with information on non-filers recorded in SOEP survey data and align incomes with National Accounts aggregates. This allows us to study the distribution of pre-tax income since 1990. We find that East German residents are still underrepresented at the top of the national income distribution and relate this finding to a lack of capital ownership among East Germans. At the macro level, this phenomenon is mirrored by capital income generated in East Germany flowing to West German capital owners.