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Distributive Justice and Social Conflict in an Ak Model

Tsoukis, Christopher - 2019

We introduce distributive justice into a simple model of growth and distribution. Two groups (‘classes’) of otherwise … and Nash bargaining, encapsulating electoral politics and socio-political bargaining) and two normative (justice) criteria … of ‘justice as minimal social friction’. Under the plausible assumption that the capitalists’ overall socio …

Persistent link: https://www.econbiz.de/10012871763

Monetary Policy and Racial Inequality

Bartscher, Alina K.; Wachtel, Paul; Kuhn, Moritz; … - 2021

This paper aims at an improved understanding of the relationship between monetary policy and racial inequality. We investigate the distributional effects of monetary policy in a unified framework, linking monetary policy shocks both to earnings and wealth differentials between black and white...

Persistent link: https://www.econbiz.de/10013246912

Price and Prejudice : Housing Rents Reveal Racial Animus

Brülhart, Marius; Klinke, Gian-Paolo; Marcucci, Andrea; … - 2023

We study market rents in the neighborhood of asylum seeker hosting centers. Our empirical setting exploits the quasi-random opening of centers and spatial allocation of asylum seekers in Switzerland. Rents within 0.7km of an active center are found on average to be 3.8% lower than rents in the...

Persistent link: https://www.econbiz.de/10014357814

Leroux, M.‐L; Pestieau, Pierre - 2021

This paper studies the properties of the optimal taxes on bequests when individuals differ in wage and in their risks of mortality and old-age dependance. Survival is positively correlated to income but dependency is negatively correlated with it. The government cannot distinguish between...

Persistent link: https://www.econbiz.de/10013234521

Moral judgments in social dilemmas: How bad is free riding?

Cubitt, Robin P.; Drouvelis, Michalis; Gaechter, Simon; … - 2010

distributive justice. Here we study people's normative views in social dilemmas, which underlie many situations of economic and …

Persistent link: https://www.econbiz.de/10010274836

Leaky Bucket in the Real World : Estimating Inequality Aversion Using Survey Data

Pirttila, Jukka; Uusitalo, Roope - 2021

Existing evidence of inequality aversion relies on data from class-room experiments where subjects face hypothetical questions. This paper estimates the magnitude of inequality aversion using representative survey data, with questions related to the real-economy situations the respondents face....

Persistent link: https://www.econbiz.de/10013317002

What's the monetary value of distributive justice?

Corneo, Giacomo; Fong, Christina M. - 2006

This paper proposes a model that can be implemented to estimate the willingness to pay for distributive justice. A … formula is derived that allows one to recover the willingness to pay for distributive justice from the estimated coefficients … monetary value of justice in the United States is about one fifth of GDP. We find no evidence that the value of justice varies …

Persistent link: https://www.econbiz.de/10010272738

Justifying the Lindahl solution as an outcome of fair cooperation

Buchholz, Wolfgang; Peters, Wolfgang - 2005

The Lindahl equilibrium is mostly motivated by a rather artificial price mechanism. Even though the analogy to a competitive market has been emphasised by Lindahl himself his approach does not directly explain the normative ideas, which are behind this concept. In the present paper we therefore...

Persistent link: https://www.econbiz.de/10010261328

Inequality and happiness: When perceived social mobility and economic reality do not match

Bjørnskov, Christian; Dreher, Axel; Fischer, Justina A.V. - 2010

In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the perceived and the actual fairness of the income generation process affects this association. Building on a simple model of individual labor-market participation under...

Persistent link: https://www.econbiz.de/10010274890

Do employers discriminate less if vacancies are difficult to fill? Evidence from a field experiment

Baert, Stijn; Cockx, Bart; Gheyle, Niels; Vandamme, Cora - 2013

We empirically test the relationship between hiring discrimination and labour market tightness at the level of the occupation. To this end, we conduct a correspondence test in the youth labour market. In line with theoretical expectations, we find that, compared to natives, candidates with a...

Persistent link: https://www.econbiz.de/10010291494

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