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Combining Rights and Welfarism: A New Approach to Intertemporal Evaluation of Social Alternatives

Long, Ngo Van; Martinet, Vincent - CESifo - 2012

We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the evaluation of economic development paths. The concern for rights is captured by a pre-ordering over combinations of thresholds (floors or ceilings on various quantitative...

Persistent link: https://www.econbiz.de/10009651182

Sustainability and Discounted Utilitarianism in Models of Economic Growth

Asheim, Geir B.; Mitra, Tapan - CESifo - 2009

Discounted utilitarianism treats generations unequally and leads to seemingly unappealing consequences in some models of economic growth. Instead, this paper presents and applies sustainable discounted utilitarianism (SDU). SDU respects the interests of future generations and resolves...

Persistent link: https://www.econbiz.de/10005181313

Justifying Social Discounting: The Rank-Discounted Utilitarian Approach

Zuber, Stéphane; Asheim, Geir B. - CESifo - 2010

The discounted utilitarian criterion for infinite horizon social choice has been criticized for treating generations unequally. We propose an extended rank-discounted utilitarian (ERDU) criterion instead. The criterion amounts to discounted utilitarianism on non-decreasing streams, but it treats...

Persistent link: https://www.econbiz.de/10008671700

Happiness, Habits and High Rank: Comparisons in Economic and Social Life

Clark, Andrew E. - Institute for the Study of Labor (IZA) - 2011

The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...

Persistent link: https://www.econbiz.de/10009294836

Following in Your Father's Footsteps: A Note on the Intergenerational Transmission of Income between Twin Fathers and their Sons

Amin, Vikesh; Lundborg, Petter; Rooth, Dan-Olof - Institute for the Study of Labor (IZA) - 2011

We provide the first twin-based estimates of the intergenerational transmission of income between fathers and sons …. Using Swedish register data on the income of monozygotic twin fathers and their sons, we are able to control for unobserved … income elasticity of 0.276, while our twin-based intergenerational income elasticity is 0.12. This is close to the estimate …

Persistent link: https://www.econbiz.de/10009323385

Knowledge is Power - A Theory of Information, Income, and Welfare Spending

Lind, Jo Thori; Rohner, Dominic - CESifo - 2011

. In US election survey data, we find that income is more important in affecting voting behavior for more informed voters … strong correlation between income and political information, Congress representatives vote more conservatively, which is also …

Persistent link: https://www.econbiz.de/10009324089

Optimal Piecewise Linear Income Taxation

Apps, Patricia; Long, Ngo Van; Rees, Ray - Institute for the Study of Labor (IZA) - 2011

Given its significance in practice, piecewise linear taxation has received relatively little attention in the literature. This paper offers a simple and transparent analysis of its main characteristics. We fully characterize optimal tax parameters for the cases in which budget sets are convex...

Persistent link: https://www.econbiz.de/10009325435

Long-Run Effects of Gestation During the Dutch Hunger Winter Famine on Labor Market and Hospitalization Outcomes

Scholte, Robert; den Berg, Gerard J. van; Lindeboom, Maarten - Institute for the Study of Labor (IZA) - 2012

The Dutch Hunger Winter (1944/45) is the most-studied famine in the literature on long-run effects of malnutrition in utero. Its temporal and spatial demarcations are clear, it was severe, it was not anticipated, and nutritional conditions in society were favorable and stable before and after...

Persistent link: https://www.econbiz.de/10009646289

Is There Such Thing as Middle Class Values? Class Differences, Values and Political Orientations in Latin America

López-Calva, Luis Felipe; Rigolini, Jamele; Torche, … - Institute for the Study of Labor (IZA) - 2012

relation between class (measured by the position in the income distribution), values, and political orientations using … comparable values surveys for six Latin American countries. We find that both a continuous measure of income and categorical … measures of income-based class are robustly associated with values. Both income and class tend to display a similar association …

Persistent link: https://www.econbiz.de/10009646310

Inter- and Intra-Marriage Premiums Revisited: It's Probably Who You Are, Not Who You Marry!

Nekby, Lena - Institute for the Study of Labor (IZA) - 2010

-marriage) on annual income from any remaining positive selection effects into respective marriage type. Results from fixed effects …. Significant pre-marriage income growth and a lack of post-marriage income growth for those that marry natives suggest that …

Persistent link: https://www.econbiz.de/10008727772