Showing 1 - 10 of 32
We show that it is possible to reconcile the utilitarian and welfarist principles under the requirement of unanimity provided that the set of profiles over which the consensus is attained is rich enough. More precisely, we identify a closedness condition which, if satisfied by a class of...
Persistent link: https://www.econbiz.de/10009325716
This paper documents the magnitude, pattern, and evolution of lifetime earnings inequality in Germany. Based on a large …. Earnings data for thirty-one cohorts reveals striking evidence of a secular rise of intra-generational inequality in lifetime … earnings: West-German men born in the early 1960s are likely to experience about 80 % more lifetime inequality than their …
Persistent link: https://www.econbiz.de/10009327816
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced … declare low and high levels of happiness. Rising income inequality moderates the fall in happiness inequality, and may even … the happiness of all, it will at least harmonize the happiness of all, providing that income inequality does not grow too …
Persistent link: https://www.econbiz.de/10010738897
Measuring individual preferences of savers have two main motivations: to reduce the share of non-observed heterogeneity in explaining households' wealth behaviors, and to construct more accurate tests of the theories of savings and portfolio choices. For France, we have constructed a unique data...
Persistent link: https://www.econbiz.de/10010738899
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality …
Persistent link: https://www.econbiz.de/10010738907
Traditional indices of bi-dimensional inequality and polarization were developed for cardinal variables and cannot be … the measurement of inequality and bi-polarization using only ordinal information. An empirical illustration is given for …
Persistent link: https://www.econbiz.de/10010738926
In this paper, we provide an axiomatic characterization of social welfare functions for uncertain incomes. Our most general result is that a small number of reasonable assumptions regarding welfare orderings under uncertainty rule out pure ex ante as well as pure ex post evaluations. Any social...
Persistent link: https://www.econbiz.de/10010750535
-productivity workers, leading to an increase in welfare inequality. We show that the very popular idea that a more funded system would … ineluctably lead to more inequalities in well-being can be justified only by focusing on the inequality of positions in case of …
Persistent link: https://www.econbiz.de/10010750692
In this paper we investigate the relationship between inequality and the environment in a growing economy from a … and show that inequality is harmful for the environment : the poorer the median voter relative to the average individual …
Persistent link: https://www.econbiz.de/10010750774
This article analyses the distributional impact of remittances across two regions of Algerian emigration (Nedroma and Idjeur) using an original survey we conducted of 1,200 households in 2011. Remittances and especially the role played by foreign pensions decrease the Gini index by nearly 4 %...
Persistent link: https://www.econbiz.de/10011026110