Showing 1 - 10 of 98
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10008683292
We argue that perceived fairness of the income generation process affects the association between income inequality and … income redistribution. Income inequality is predicted to have a more favorable impact on subjective wellbeing for individuals … differences in individual tolerance for income inequality, and the predicted influence of actual fairness. …
Persistent link: https://www.econbiz.de/10011112607
In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the … less in favor of income redistribution. In societies with a high level of actual social mobility, income inequality is …
Persistent link: https://www.econbiz.de/10008557077
In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the … less in favor of income redistribution. In societies with a high level of actual social mobility, income inequality is …
Persistent link: https://www.econbiz.de/10008557081
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...
Persistent link: https://www.econbiz.de/10009144731
In this paper we analyzed a dynamic cross-country panel dataset on 31 sampled developing countries involving 16 Latin America and the Caribbean, and 15 Sub-Sahara African countries within the framework of Blundell-Bond Generalized Method of Moments (GMM). Our results show that generally the...
Persistent link: https://www.econbiz.de/10008873543
evidence on the effect of remittances on poverty in an unbalanced panel of 40 high remittances economies. The endogeneity issue …, driven by the possibility that remittances and poverty may have bidirectional causality, is tackled by a system estimation … poverty. On the other hand, remittances decline with the wake of widespread poverty. There is consistent evidence that …
Persistent link: https://www.econbiz.de/10008695077
This paper develops a simple theoretical model that can be implemented to estimate the willingness to pay for distributive justice. We derive a formula that allows one to recover the willingness to pay for distributive justice from the estimated coefficients of a probit regression and fiscal...
Persistent link: https://www.econbiz.de/10005792214
This paper considers the distribution of responsibility for prevention of negative social or ecological effects of production and consumption. Responsibility is related to ability and ability depends on welfare. An increase in competition between Western companies depresses their profitability,...
Persistent link: https://www.econbiz.de/10008636487
We present an economic experiment on network formation, in which subjects can decide to form links to one another. Direct links are costly but being connected is valuable. The game-theoretic basis for our experiment is the model of Bala and Goyal (2000). They distinguish between two scenarios...
Persistent link: https://www.econbiz.de/10005792485