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these investments, output levels and growth. In this context, inequality plays a key role both as a determinant of the …
Persistent link: https://www.econbiz.de/10008793414
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
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
determining inequality, as tax changes that affect hours of work will affect the distribution of wealth and income, reinforcing or …
Persistent link: https://www.econbiz.de/10008794135