Household Savings and Income Distribution in Mexico

The Distribution of Household Savings in Germany

Jahrbücher für Nationalökonomie und Statistik ◽

10.1515/jbnst-2017-0120 ◽

2018 ◽

Vol 238 (1) ◽

pp. 3-32

Author(s):

Jochen Späth ◽

Kai Daniel Schmid

Keyword(s):

Income Distribution ◽

Household Income ◽

Wealth Distribution ◽

Sample Survey ◽

Household Savings ◽

Industrialized Countries ◽

Income Groups ◽

Saving Rates ◽

Ongoing Assessment ◽

Income And Wealth Distribution

Abstract Against the ongoing assessment of the root causes of rising economic inequality in industrialized countries, analyses of the distribution of savings along the income and wealth distribution are of high interest. We analyze the concentration of household savings in Germany by estimating saving amounts, saving rates and shares in aggregate savings across income and wealth groups. Our calculations are based on the Sample Survey of Household Income and Expenditure (EVS), containing more than 40,000 households in Germany. We show that the concentration of savings is substantial: while the top income decile’s share in total savings reaches 60 percent, the lower half of the income distribution on average does not save at all. Across wealth groups the concentration of savings is somewhat less pronounced. We also look beyond the top income threshold underlying the EVS (18,000 euros of monthly net household income) and demonstrate that corrected saving rates for the top income groups are considerably higher than those derived from the EVS alone. Hence, the top income groups’ shares in aggregate savings exceed estimated shares solely based on EVS data, revealing a substantially more pronounced concentration of savings along the income distribution.

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The State’s Role in Ensuring Fair Income Distribution in Vietnam Today: Some Issues from the Theory of Justice as Fairness by John Rawls

Tập chí Khoa học Xã hội và Nhân văn ◽

10.33100/jossh6.2.lethivinh ◽

2020 ◽

Vol 6 (2) ◽

pp. 181-195

Keyword(s):

Income Distribution ◽

Economic Efficiency ◽

John Rawls ◽

Social Stability ◽

Social Equality ◽

Justice As Fairness ◽

Theory Of Justice ◽

Analysis And Synthesis ◽

Economic Philosophy ◽

The Relationship

Fairness in income distribution is a factor that both motivates employees and contributes to maintaining social stability. In Vietnam, fair income distribution has been studied from various perspectives. In this article, through the analysis and synthesis of related documents and evidence, and from the perspective of economic philosophy, the author applies John Rawls’s Theory of Justice as Fairness to analyze some issues arising from the implementation of the state’s role in ensuring fair income distribution from 1986 to present. These are unifying the perception of fairness in income distribution; solving the relationship between economic efficiency and social equality; ensuring benefits for the least-privileged people in society; and controlling income. On that basis, the author makes some recommendations to enhance the state’s role in ensuring fair income distribution in Vietnam. Received 11thNovember 2019; Revised 10thApril 2020; Accepted 20th April 2020

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