General Introduction and Motivation
With his book “Capital in the Twenty-First Century”, Thomas Piketty doubtlessly caught the spirit of the age. He addresses the dynamics which drive the accumulation and distribution of capital, using a collection of data over twenty countries which ranges
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Mareike Schad
Intergenerational Income Mobility and Redistributive Policy
Mareike Schad München, Germany Technische Universität München, 2014
ISBN 978-3-658-10464-1 ISBN 978-3-658-10465-8 (eBook) DOI 10.1007/978-3-658-10465-8 Library of Congress Control Number: 2015942506 Springer Gabler © Springer Fachmedien Wiesbaden 2016 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, speci¿cally the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on micro¿lms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a speci¿c statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper Springer Gabler is a brand of Springer Fachmedien Wiesbaden Springer Fachmedien Wiesbaden is part of Springer Science+Business Media (www.springer.com)
Acknowledgments First and foremost I would like to thank Professor Robert K. von Weizs¨acker. He has been an excellent supervisor and mentor, offering guiding advice and inspiring encouragement. I would also like to thank Professor Alwine Mohnen who agreed to serve as second supervisor on my thesis committee for her helpful comments. Additionally, Professor Bernd S¨ ußmuth deserves my thanks for representing Professor Alwine Mohnen at my doctoral thesis defense. Furthermore, I am grateful to Professor Martin Moog, who completes my thesis committee as third examiner, for willingly accepting this office. Furthermore, I would like to thank my colleagues from the Lehrstuhl f¨ ur Volkswirtschaftslehre at the Technische Universit¨ at M¨ unchen, who provided me with a very pleasurable work and research environment. I am grateful for their advice that helped to advance my research project as well as for many fruitful lunch discussions. I am indebted to my family and friends for supporting me while I was working on this thesis, especially Kathrin Schad and Johannes Berger for their understanding, support, and encouragement. Last, but by no means least, I am indebted to my parents Karl and Maria Schad for their love and support. Mareike Schad
Abstract Redistributive policy measures may reduce economic inequality and promote greater equality of opportunity. Whether such measures also increase intergenerational income mobility is the central
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