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their interplay with income inequality. We identify a positive interaction of perceived social mobility that mitigates its … overall impact of income inequality that is SWB lowering, while for low social mobility the effect of inequality is positive …. These interactions hold stronger for pre-transfer than post-transfer income inequality. Actual social mobility appears to be …
Persistent link: https://www.econbiz.de/10005061673
effects, particularly in their interplay with income inequality. We identify a positive interaction of perceived social … mobility that mitigates the overall SWB lowering effect of income inequality. In contrast to expectations, a high degree of … actual social mobility yields an overall impact of income inequality that is SWB lowering, while for low social mobility the …
Persistent link: https://www.econbiz.de/10005109561
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10008683292
We argue that perceived fairness of the income generation process affects the association between income inequality and … income redistribution. Income inequality is predicted to have a more favorable impact on subjective wellbeing for individuals … differences in individual tolerance for income inequality, and the predicted influence of actual fairness. …
Persistent link: https://www.econbiz.de/10011112607
In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the … less in favor of income redistribution. In societies with a high level of actual social mobility, income inequality is …
Persistent link: https://www.econbiz.de/10008557077
In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the … less in favor of income redistribution. In societies with a high level of actual social mobility, income inequality is …
Persistent link: https://www.econbiz.de/10008557081
We show that socio-economic status (SES) is a powerful predictor of many facets of a child's personality. The facets of … personality we investigate encompass time preferences, risk preferences, and altruism, as well as crystallized and fluid IQ. We …'s personality by documenting that many dimensions of a child's environment differ systematically by SES: parenting style, quantity …
Persistent link: https://www.econbiz.de/10011252547
ways that increase income inequality. An increase in the skill premium induces low-ability minority types to reduce …
Persistent link: https://www.econbiz.de/10011114515
Tertiarisation of labour market has globally been associated with economic progress. But in developing countries, labour market deformities may push people into service economy out of distress also. This paper examines the tertiarisation process in Indian labour market to bring out the reasons...
Persistent link: https://www.econbiz.de/10005616990
and that the exact nature of consumption patterns is important not only for growth and inequality, as has been emphasized …
Persistent link: https://www.econbiz.de/10008871296