Cervellati, Matteo; Esteban, Joan; Kranich, Laurence - Barcelona Graduate School of Economics (Barcelona GSE) - 2007
or pride extensively studied in Social Psychology. We examine the interactions between sentiments, individual behaviour … in which sentiments, labor supply and redistribution are simultaneously determined. The model has two types of equilibria … below. In such an equilibrium, income inequality is large and sentiments are biased in favor of the industrious. As …