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The paper uses 18 waves of BHPS data to provide evidence of the roles of both own social status and upward mobility relative to one's parents on job and life satisfaction, preferences for redistribution, pro-public sector attitudes and voting. Both own social status and greater mobility with...
Persistent link: https://www.econbiz.de/10010722843
Should raising the growth rate of GDP per capita be a policy goal of governments in general, and of the British …'t make people any happier; and 4) The planet is finite, so further growth of GDP (at least in rich countries) is not feasible … anyway. I discuss and reject all four of these objections. I urge the LSE Growth Commission to focus its efforts on policies …
Persistent link: https://www.econbiz.de/10010702077
will tend to be higher in countries with higher inequality and with greater pro-rich bias in the political system …. Conversely, the use of income tax will be higher in countries with lower inequality and less pro-rich bias. The model also … predicts that although inequality and political bias will have an impact on the composition of revenue, it will have no effect …
Persistent link: https://www.econbiz.de/10005797253
rise in inequality will lead to more redistribution. This paper shows that, for the UK in the period 1983-2004, a plausibly … exogenous rise in income inequality has not been associated with increased redistribution. We then explore this further using …
Persistent link: https://www.econbiz.de/10005151062
ethnic groups, group sizes, income inequality, and expropriable resources. …
Persistent link: https://www.econbiz.de/10005797258
Institutions that serve the interests of an elite are often cited as an important reason for poor economic performance. This paper builds a model of institutions that allocate resources and power to maximize the payoff of an elite, but where any group that exerts sufficient fighting effort can...
Persistent link: https://www.econbiz.de/10009649750
? How are wages determined? What role do labor market dynamics play in explaining business cycles and growth? The survey …
Persistent link: https://www.econbiz.de/10005510441
The austerity programme of the coalition government knocked at least one percent per year off growth in the first two …
Persistent link: https://www.econbiz.de/10011196719
John Van Reenen examines the 'unbalancing' of Britain's economy away from manufacturing since 1979.
Persistent link: https://www.econbiz.de/10010738420
John Van Reenen examines the 'unbalancing' of Britain's economy away from manufacturing since 1979.
Persistent link: https://www.econbiz.de/10010774268