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Prior to the last three decades, regular surveys on household income were rare or nonexistent in many developed countries, making it difficult for economists to compare income distribution in the long run. Using taxation statistics, which tend to be available over a longer time span,...
Over recent years a number of papers have used individual or household longitudinal survey data to investigate the rationality of income expectations. In this paper the authors provide a novel contribution to this literature by examining the ability of individuals to correctly predict their own...
Written by one of the 'five economists', Peter Dawkins, this paper focuses on the plan's best-known proposal, the wage-tax trade-off, discussing its impact on employment, unemployment and income distribution. The paper considers new evidence on the impact of the plan and responds to its critics....