It is argued that the concept of well –being inequality cannot be properly defined without taking the referencing … happiness inequality in happiness studies.We plead for an extension of the present happiness paradigm by setting up a new …

This paper examines the measurement of social welfare, poverty and inequality taking into account reference … differences between standard poverty and inequality measures based on observed income and measures that are calculated based on …

develop a dynamic two-region model, in which each region suffers from global warming, but also has an inequality aversion over … current consumption allocations. Inequality aversion generally lifts the consumption path of the poor region, while the rich … region must take a greater share of the climate burden. Furthermore, with inequality aversion, the optimal climate policy …

Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood … as an increase in inequality of wages due to changes in bargaining power of employees. However, the role of changing … paper is to quantify the proportion of changing household structures in the increase in inequality. We find that the rise in …

Existing evidence of inequality aversion relies on data from class-room experiments where subjects face hypothetical … questions. This paper estimates the magnitude of inequality aversion using representative survey data, with questions related to … the real-economy situations the respondents face. The results reveal that the magnitude of inequality aversion can be …

In this paper, we demonstrate how age-adjusted inequality measures can be used to evaluate whether changes in … inequality over time are due to changes in the age structure. To this end, we use administrative data on earnings for every male … Norwegian during 1967-2000. We find that the substantial rise in earnings inequality over the 1980s and into the early 1990s, is …

We examine the relationship between capitalism and income inequality for a large sample of countries using an adjusted … economic freedom index as proxy for capitalism and Gini coefficients based on gross-income as proxy for income inequality. Our … results suggest that there is no robust relationship between economic freedom and income inequality. In addition, we analyze …

We examine the determinants of income mobility and inequality in a Ramsey model with elastic labor supply and … relationship between mobility and inequality is complex. For example, a reduction in the interest rate and an increase in the wage … rate reduce capital income inequality and allow upward mobility of the ability-rich. However, the increase in the labor …