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citizens' support for the market by guaranteeing income redistribution to inequality-averse agents. Our identification strategy …
Persistent link: https://www.econbiz.de/10010739031
Social banks are financial intermediaries paying attention to non-economic (i.e., social, ethical, and environmental) criteria. To investigate the behavior of social banks on the credit market, this paper proposes both theory and empirics. Our theoretical model rationalizes the idea that...
Persistent link: https://www.econbiz.de/10010820843
We consider a large population of agents choosing either to engage in a criminal activity or working. Individuals feel varying degrees of selfreproach if they commit criminal acts. In addition, they are concerned with their social status in society, based on others' perceptions of their values....
Persistent link: https://www.econbiz.de/10008791518
Homo Economicus has progressed from an atomistic and self-interested individual in standard economics to a socially embedded agent in modern economics who is endowed with a particular social identity or with specific preferences for the latter. While this vision makesthe economic agent more...
Persistent link: https://www.econbiz.de/10008794201
margins for 17 EU countries and the US. Using the same data, inequality aversion is measured as the degree of redistribution …
Persistent link: https://www.econbiz.de/10010933830
We show the existence of a twin peaks relation between trust and the size of the welfare state that stems from two opposing forces. Uncivic people support large welfare states because they expect to benefit from them without bearing their costs. But civic individuals support generous benefits...
Persistent link: https://www.econbiz.de/10010933915
. Measuring individualism and the demand for redistribution by questions of the General Social Survey (GSS), we show that: (i …) individuals living in states with mineral resources are more individualistic and support less redistribution by the government … ; (ii) the higher the number of mines in a states, the lower the support for governmental redistribution and the higher the …
Persistent link: https://www.econbiz.de/10010930183
An early death is, undoubtedly, a serious disadvantage. However, the compensation of short-lived individuals has remained so far largely unexplored, probably because it appears infeasible. Indeed, short-lived agents can hardly be identified ex ante, and cannot be compensated ex post. We argue...
Persistent link: https://www.econbiz.de/10010930209
In this paper, we highlight the link between the political demand and social policy outcome while taking into account the design of the party system. The political demand is measured by individual preferences and the design of the party system is defined as the extent of party fractionalization....
Persistent link: https://www.econbiz.de/10010930221
alternative institutional options: the degree of labour market flexibility and the intensity of redistribution. We show that the … (positive flexibility versus positive redistribution). …
Persistent link: https://www.econbiz.de/10010930237