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This article presents a novel explanation why demand for redistribution on average does not respond to information on low intergenerational mobility. Building on insights from behavioral economics, we expect that incentives to update perceptions of intergenerational mobility change along the...
Persistent link: https://www.econbiz.de/10014345626
strong role in household income persistence, and parental income is also strongly associated with several key long …
Persistent link: https://www.econbiz.de/10014243166
social mobility than under political regimes supported by the rich; pretax inequality is greater in the first case, but post …
Persistent link: https://www.econbiz.de/10010264081
While World War II (WWII) is often employed as natural experiment to identify long-term effects of adverse early-life and prenatal conditions, little is known about the short-term effects. We estimate the short-term impact of the onset of WWII on newborn health using a unique data set of...
Persistent link: https://www.econbiz.de/10012872061
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/10010274890
Decisions concerning marriage, fertility, participation, and the education of children are explained using a two … fertility and female labour market participation, negative until the mid-1970s, has turned positive where developed, but not …
Persistent link: https://www.econbiz.de/10013316739
are related to different dimensions of grievance-inducing and, partly, greed-related inequality, which may occur in … polygynous societies. These dimensions include (i) economic, reproductive and social inequality resulting in relative deprivation … among non-elite men; (ii) inequality within elites when it comes to the distribution of resources and inheritance, both …
Persistent link: https://www.econbiz.de/10012836203
We analyze inequality and mobility across generations in a dynastic economy. Nurture, in terms of bequests and the … nature affect mobility and the transmission of income inequality across generations, thus complementing the vast empirical …
Persistent link: https://www.econbiz.de/10012841147
We study the determinants of individual aversion to health and income inequality in three European countries and the … population in each country. Comparing levels of health- and income-inequality aversion in the UK between the years 2016 and 2020 … we find a significant increase in inequality aversion in both income and health domains. Inequality aversion is higher in …
Persistent link: https://www.econbiz.de/10013215672
this return inequality? I study capital taxation in an economy in which return rates endogenously correlate with wealth … lower marginal tax rates. The endogeneity of returns generates an inequality multiplier effect between wealth and its …
Persistent link: https://www.econbiz.de/10013233147