Regina Pleninger
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Publications 1 - 10 of 25
- Do Stringent COVID-19 Containment Measures Work? Evidence from SwitzerlandItem type: PresentationPleninger, Regina; Streicher, Sina; Sturm, Jan-Egbert (2021)
- The "Forgotten" Middle Class - An Analysis of the Effects of GlobalisationItem type: Conference Paper
Online Program: 75th Annual Congress of the International Institute of Public Finance (IIPF 2019). Taxation and MobilityPleninger, Regina; Sturm, Jan-Egbert; de Haan, Jakob (2019) - The 'Forgotten' middle class: An analysis of the effects of globalisationItem type: Journal Article
The World EconomyPleninger, Regina; de Haan, Jakob; Sturm, Jan-Egbert (2022)This paper studies the effects of globalisation on the income share of the middle class. Our findings suggest that globalisation, proxied by the KOF Economic Globalization Index, reduces the income share of the middle class. The income share of the poorest 20% also drops due to globalisation, while that of the richest 20% increases. We find that only de facto and not de jure measures of globalisation have statistically significant effects on income shares and inequality. Our results are robust for alternative definitions of the middle-class income share and hold for trade and financial globalisation. When we distinguish between groups of countries, we find that our main result is driven by low- and middle-income countries; for high-income countries, we do not find evidence that globalisation has an effect on the income share of the middle class. - Impact of Natural Disasters on the Income InequalityItem type: PresentationPleninger, Regina (2019)
- Measuring Inequality using Geospatial DataItem type: Conference PaperKingeski Galimberti, Jaqueson; Pichler, Stefan; Pleninger, Regina (2021)The main challenge in studying economic inequality is limited data availability, which is particularly problematic in developing countries. We construct a measure of economic inequality for 234 countries/territories from 1992 to 2013 using satellite data on night lights and gridded population data. Key methodological innovations include the use of varying levels of data aggregation, and a calibration of the lights-prosperity relationship to match traditional inequality measures based on income data. We obtain a measure that is significantly correlated with cross country variation in income inequality. We provide three applications of the data in the fields of health economics and international finance. Our results show that light- and income-based inequality measures lead to similar results in terms of cross-country correlations, but not for the dynamics of inequality within countries. Namely, we find that the light-based inequality measure can capture more enduring features of economic activity that are not directly captured by income.
- Does Financial Development Reduce the Poverty Gap?Item type: Journal Article
Social Indicators Researchde Haan, Jakob; Pleninger, Regina; Sturm, Jan-Egbert (2022)Financial development may affect poverty directly and indirectly through its impact on income inequality, economic growth, and financial instability. Previous studies do not consider all these channels simultaneously. To proxy financial development, we use the ratio of private credit to GDP or an IMF composite measure. Our preferred measure for poverty is the poverty gap, i.e. the shortfall from the poverty line. Our fixed effects estimation results for an unbalanced panel of 84 countries over the 1975–2014 period suggest that financial development does not have a direct effect on the poverty gap. However, as financial development leads to greater inequality, which, in turn, results in more poverty, financial development has an indirect effect on poverty through this transmission channel. Only if we use poverty lines of $3.20 or $5.50 (instead of $1.90 a day as in our baseline model) to define the poverty gap, we find that economic growth reduces poverty. This implies that in those cases the overall effect of financial development on poverty may be positive or negative, depending on which indirect effect, i.e. that of income inequality or growth, is stronger. Financial instability does not seem to affect the poverty gap. These results are consistent across various robustness checks. - Do Stringent COVID-19 Containment Measures Work? Evidence from SwitzerlandItem type: Other Conference ItemSturm, Jan-Egbert; Pleninger, Regina; Streicher, Sina (2021)
- Impact of Natural Disasters on Income InequalityItem type: Other Conference ItemPleninger, Regina (2019)
- Beyond Gini Coefficients – Distributional Effects at Different Units of AnalysisItem type: Doctoral ThesisPleninger, Regina (2020)
- Vermögen und Einkommen über den LebenszyklusItem type: Journal Article
KOF AnalysenMartínez, Isabel Z.; Pleninger, Regina (2021)Anhand von Steuerdaten der Schweizer Kantone liefern wir eine umfassendeAnalyse der Zusammensetzung, der gemeinsamen Verteilung und der Mobilität von Einkommen und Vermögen. Es wird die Heterogenität nach Einkommens- und Vermögensperzentilen und Erwerbsstatusuntersucht. Unsere Ergebnisse deuten darauf hin, dass sich die Zusammensetzungvon Einkommen und Vermögen für verschiedene Perzentile und nach Erwerbsstatus unterscheidet.So nimmt beispielsweise das Einkommen aus Erwerbstätigkeit am oberen Ende der Einkommensverteilung ab und ist bei Personen im Ruhestand fast nicht vorhanden. Zweitens stellen wir eine starke Korrelation zwischen Einkommen und Vermögen fest, insbesondere an der Spitze der Verteilung.Drittens ist die Vermögensmobilität über einen Zeitraum von zehn Jahren wesentlich geringer als die Einkommensmobilität. Die Persistenz des Vermögensrangs ist an den Rändern besonders ausgeprägt: Die unteren 20% scheinen in einer Vermögensfalle festzustecken, während die oberen 1% die oberen 10% fast nie verlassen, es sei denn, diese Personen versterben.
Publications 1 - 10 of 25