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perceived and the actual fairness of the income generation process affects this association. Building on a simple model of … of utility, and lower preferred levels of income redistribution. In societies with a low level of actual social mobility …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10008671705
The goal of this paper is to provide a preliminary overview of empirical Capability Approach (CA) applications for high-income …-being in affluent countries. It focuses on CA applications related to general well-being, inequalities, poverty and human …
Persistent link: https://www.econbiz.de/10008853849
We explore the relationships between subjective well-being and income, as seen across individuals within a given … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same … whether we compare individuals or countries, suggesting that absolute income plays an important role in influencing well …
Persistent link: https://www.econbiz.de/10008671708
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms’ job offer and workers’ job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show...
Persistent link: https://www.econbiz.de/10010877633
1.63% increase in real income. Furthermore, favorably endowed regions attract more economic activity, providing new …
Persistent link: https://www.econbiz.de/10010877649
improvement over what can be achieved with an optimal income tax. The reason is that a graduated minimum wage requires high …-productivity workers to work more to earn the same income as low-productivity workers, which makes it more difficult for the former to …-degree price discrimination which increases their income. …
Persistent link: https://www.econbiz.de/10010877884
Although both economists and psychologists seek to identify determinants of heterogeneity in behavior, they use different concepts to capture them. In this review we first analyze the extent to which economic preferences and psychological concepts of personality - such as the Big Five and locus...
Persistent link: https://www.econbiz.de/10010877971
The compensation of executive board members in Germany has become a highly controversial topic since Vodafone’s hostile takeover of Mannesmann in 2000 and it is again in the spotlight since the outbreak of the financial crisis of 2009. Based on unique panel data evidence of the 500 largest...
Persistent link: https://www.econbiz.de/10009653374
, reduces quality, and increases in-pocket income of team managers. …
Persistent link: https://www.econbiz.de/10010539149
Educators in public schools in the United States are typically enrolled in defined-benefit pension plans, which penalize across-plan mobility. We use administrative data from Missouri to examine how the mobility penalties affect the labor market for school leaders. We show that pension borders...
Persistent link: https://www.econbiz.de/10009320366