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distribution of risks inside society, the Liberal system wins if the inequality of income is low, and the Beveridgean system wins … if the inequality of income is high. Using a utilitarian criterion, the Beveridgean system always dominates and the …
Persistent link: https://www.econbiz.de/10010635025
This paper combines ISSP survey data and experimental evidence from a gift-exchange game to determine the effect of status or relative income on work effort. We find a strong effect of others' incomes on individual effort decisions in both datasets. The individual's rank in the income...
Persistent link: https://www.econbiz.de/10010930217
bootstrapping a commonly used index of inequality leads to inference that is not accurate even in very large samples, although … inference with poverty indices is satisfactory. We find that the major cause is the extreme sensitivity of many inequality …
Persistent link: https://www.econbiz.de/10010750903
This paper combines ISSP survey data and experimental evidence from a gift-exchange game to determine the effect of status or relative income on work effort. We find a strong effect of others' incomes on individual effort decisions in both datasets. The individual's rank in the income...
Persistent link: https://www.econbiz.de/10008790979
distributions. Two main approaches can be distinguished: one in which the object of interest is some index of income inequality or …
Persistent link: https://www.econbiz.de/10008794291