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Many literatures investigate the causal impact of income on economic outcomes, for example in the context of intergenerational transmission or well-being and health. Some studies have proposed to use employer wage differentials and in particular industry affiliation as an instrument for income....
Persistent link: https://www.econbiz.de/10011083623
This paper examines how the level and dispersion of self-reported happiness has evolved over the period 1972 …-2006. While there has been no increase in aggregate happiness, inequality in happiness has fallen substantially since the 1970s …. There have been large changes in the level of happiness across groups: Two-thirds of the black-white happiness gap has been …
Persistent link: https://www.econbiz.de/10005136431
This paper provides a comprehensive survey of seven aspects of rising inequality that are usually discussed separately: changes in labor’s share of income; inequality at the bottom of the income distribution, including labor mobility; skill-biased technical change; inequality among high incomes;...
Persistent link: https://www.econbiz.de/10005123580
Wealthy individuals often voluntarily provide public goods that the poor also consume. Such philanthropy is perceived as legitimizing one’s wealth. Governments routinely exempt the rich from taxation on grounds of their charitable expenditure. We examine the normative logic of this exemption....
Persistent link: https://www.econbiz.de/10005504401
We investigate how vertical unity within a community interacts with horizontal class divisions of an unequal income distribution. Community is conceptualized in terms of a public good to which all those in the community have equal access, but from which outsiders are excluded. We formulate the...
Persistent link: https://www.econbiz.de/10005666575
costs and benefits of redistribution are generally of the same order of magnitude, resulting in reasonable values for the …
Persistent link: https://www.econbiz.de/10005124288
This study examines the scope for redistributive government policies based on progressive income taxation and direct income transfers. We concentrate on the case of Hungary. We first survey recent developments in the economic circumstances of the household sector and changes in the Hungarian...
Persistent link: https://www.econbiz.de/10005792118
happiness’, we find that there is a large, negative and significant effect of inequality on happiness in Europe but not in the … European happiness because of their lower social mobility (since no preference for equality exists amongst the rich or the …
Persistent link: https://www.econbiz.de/10005123800
This paper analyzes the effects of information about inequality and taxes on preferences for redistribution using … problem. By contrast, we find quantitatively small effects of the treatment on views about policy and redistribution: support …
Persistent link: https://www.econbiz.de/10011084154
Using a large Australian social survey, combined with precise data on neighbourhood characteristics, I explore the factors that affect trust at a local level (‘localised trust’) and at a national level (‘generalised trust’). Trust is positively associated with the respondent’s...
Persistent link: https://www.econbiz.de/10005032871