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We link life-satisfaction data to inequality of the pre-government income distribution at the regional level, to estimate the degree of inequality aversion. In addition, we investigate whether a reduction in inequality by the state increases individual well-being. We find that Germans are...
Persistent link: https://www.econbiz.de/10011436192
. Kleptocratic policies are more likely when foreign aid and rents from natural resources provide rulers with substantial resources …
Persistent link: https://www.econbiz.de/10013240570
This paper studies the importance of politician's qualification, in terms of education and experience, for fiscal outcomes. The analysis is based on a large panel for 2,031 German municipalities for which we have collected information on municipal budgets as well as the election results and...
Persistent link: https://www.econbiz.de/10009688757
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We show that hosting the Olympic Games in 2012 had a positive impact on the life satisfaction and happiness of Londoners during the Games, compared to residents of Paris and Berlin. Notwithstanding issues of causal inference, the magnitude of the effects is equivalent to moving from the bottom...
Persistent link: https://www.econbiz.de/10011514865
The paper uses a new country-level, panel data set to study the effect of public sector wages on corruption. The … results show that wage inequality in the public sector is an important determinant of the effectiveness of anti-corruption … policies. Increasing the wages of public officials could help reduce corruption in countries with low public sector wage …
Persistent link: https://www.econbiz.de/10012564880
This study tests the prediction that perceived corruption reduces ethical behavior. Integrating a standard "cheating … corruption in state affairs are more likely to cheat and, thus, to fortify the negative consequences of corruption. Interestingly …
Persistent link: https://www.econbiz.de/10012384531
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Using life satisfaction as a direct measure of individual utility has become popular in the empirical economic literature. In this context, it is crucial to know what circumstances or changes the measure is sensitive to. Is life satisfaction a volatile concept that is affected by minor changes...
Persistent link: https://www.econbiz.de/10003726201