Showing 1 - 10 of 218
Supporters of left-wing parties typically place more emphasis on redistributive policies than right-wing voters. I investigate whether this difference in tolerating inequality is amplified by suspicious success - achievements that may arise from cheating. Using a laboratory experiment, I...
Persistent link: https://www.econbiz.de/10011932947
People with higher-incomes tend to support less redistribution than lower-income people. This has been attributed not … underlying inequality, differing fairness views, and differing perceptions of social norms. In this study, we directly measure … each of these mechanisms and compare their mediating roles in the relationship between status and redistribution. In our …
Persistent link: https://www.econbiz.de/10014467776
life-cycle model, we find that redistribution by taxes and transfers off sets 54% of the inequality in lifetime earnings …
Persistent link: https://www.econbiz.de/10012141894
and contested issue. We investigate how fairness in a laboratory experiment framed explicitly as a market exchange relates … the experiment. These results support the notion that fairness preferences as assessed in laboratory experiments capture …
Persistent link: https://www.econbiz.de/10011932929
Economic decisions have been shown to depend on actual outcomes as well as perceived intentions. In this paper, we examine wether and how the relative importance of outcomes or intentions for economic decision develops with age. We report the resullt of ultimatum games with children, teens and...
Persistent link: https://www.econbiz.de/10005866901
Fairness is a strong concern as shown by dictator and ultimatum experiments. Efficiency, measured by the sum of … fain by gift giving. Our results indicate that efficiency concerns are dominated by fairness concerns that are less …
Persistent link: https://www.econbiz.de/10005867006
negatively to redistribution decisions that do not fit any fairness ideals. Our results suggest that even in the realm of moral … decisions are mainly driven by own material interests and fairness ideals. For the latter, players display remarkable …
Persistent link: https://www.econbiz.de/10014467833
Using a factor decomposition of the Gini coefficient we measure the contribution to inequality of direct monetary income flows to and from the Brazilian State. The income flows from the State include public servants' earnings, Social Security pensions, unemployment benefits and Social Assistance...
Persistent link: https://www.econbiz.de/10012234206
The rational expectations assumption, e.g. in life-cycle models and portfolio-choice models, prescribes agents to have model-consistent beliefs and to avoid systematic prediction errors. In reality, justi cation and identification of expectations are nontrivial. One way to solve this problem is...
Persistent link: https://www.econbiz.de/10012290349
Wage growth occurs almost exclusively in full-time work, whereas it is close to zero in part-time work. German women, when asked to predict their own potential wage outcomes, show severely biased expectations with strong over-optimism about the returns to part-time experience. We estimate a...
Persistent link: https://www.econbiz.de/10014467802