Ph.D. Programme Quantitative Economics

Erich-Schneider-Seminar

Weekly seminar of the Department of Economics on mondays, 4:15 - 5:30 p.m.

Organizer: Dr. Rüdiger Voss

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Winter term 2019/2020

27.01.2020: 2nd ESS Speed Seminar

Jan 27, 2020 from 04:15 PM to 05:30 PM

WSP1 R401

Welcome to our 2nd ESS Speed Seminar, which includes short talks (15 min) from:

- Andreas Winkler
- Gianluca Grimalda
- Rudi Voss
- Christian Seidl

... and a short Lego Star Wars story ...
May the force be with you!

 

Dr. Rüdiger Voss

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03.02.2020: Prof. Andreas Peichel (LMU München, ifo Institut)

Feb 03, 2020 from 04:15 PM to 05:30 PM

IfW, Lecture Hall

Title: Measuring Unfair Inequaliy: Reconciling Equality of Opportunity and Freedom from Poverty

Host: Prof. Gabriel Felbermayr

Paper to be found here: Paper

Autors:

Paul Hufe, Ravi Kanbur, Andreas Peichl

Abstract:

Rising income inequalities are widely debated in public and academic discourse. In this paper, we contribute to this debate by proposing a new family of measures of unfair inequality. To do so, we acknowledge that inequality is not bad per se, but that its underlying sources need to be taken into account. Thereby, this paper is the first to reconcile two prominent fairness principles, namely equality of opportunity and freedom from poverty, into a joint measure of unfair inequality. Two empirical applications provide important new insights on the development of unfair inequality both over time (in the US) and across countries (in Europe). First, unfair inequality shows different time trends and country rankings compared to total inequality. Second, average unfair inequality doubles when complementing the ideal of an equal opportunity society with poverty aversion. Furthermore, we show that an exclusive focus on top incomes may misguide fairness judgments.

 

Dr. Rüdiger Voss

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Summer term 2020