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Income, happiness, and the disutility of labor

Knabe, Andreas; Rätzel, Steffen - 2009

We reexamine the claim that the effect of income on subjective well-being suffers from a systematic downward bias if one ignores that higher income is typically associated with more work effort. We analyze this claim using German panel data, controlling for individual unobserved heterogeneity,...

Persistent link: https://www.econbiz.de/10003876027

Optimal taxation under different concepts of justness

Jessen, Robin; Metzing, Maria; Rostam-Afschar, Davud - 2017

A common assumption in the optimal taxation literature is that the social planner maximizes a welfarist social welfare function with weights decreasing with income. However, high transfer withdrawal rates in many countries imply very low weights for the working poor in practice. We reconcile...

Persistent link: https://www.econbiz.de/10011721431

Distributional effects of a minimum wage in a welfare state : the case of Germany

Müller, Kai-Uwe; Steiner, Viktor - 2013

A popular argument for a federal minimum wage is that it will prevent in-work poverty and reduce income inequality. We …

Persistent link: https://www.econbiz.de/10010234179

Measuring unfair inequality : reconciling equality of opportunity and freedom from poverty

Hufe, Paul; Kanbur, Ravi; Peichl, Andreas - 2020

Empirical evidence on distributional preferences shows that people do not judge inequality as problematic per se but … inequality do not adequately reflect these normative preferences. In this paper we address this shortcoming by developing a new … measure of unfair inequality that reconciles two widely-held fairness principles: equality of opportunity and freedom from …

Persistent link: https://www.econbiz.de/10012236841

Crowding (at) the margins : investigating the unequal distribution of housing space in Germany

Kohl, Sebastian; Steinhardt, Max Friedrich; Stella, Luca; … - 2024

This study explores the factors influencing household overcrowding using longitudinal survey data from Germany spanning the years 1985 to 2022. As average square meters per capita have declined for urban tenants, we find that overcrowding rates have substantially increased since 2012: By 2022,...

Persistent link: https://www.econbiz.de/10015123306

Analysis of changes in Thailand's income distribution from 2013 to 2021 using growth incidence and Delta Lorenz curves

Theepakorn Jithitikulchai; Sittisak Leelahanon - 2025

Persistent link: https://www.econbiz.de/10015168399

Behavioral Strong Implementation

Hayashi, Takashi; Jain, Ritesh; Korpela, Ville; … - 2021

Choice behavior is rational if it is based on the maximization of some context-independent preference relation. This study re-examines the questions of implementation theory in a setting where players’ choice behavior need not be rational and coalition formation must be taken into account. Our...

Persistent link: https://www.econbiz.de/10012503094

Habit formation and the Pareto-efficient provision of public goods

Aronsson, Thomas; Schöb, Ronnie - 2017

This paper examines the implications of habit formation in private and public consumption for the Pareto-efficient provision of public goods, based on a two-period model with nonlinear taxation. If the public good supply is time-invariant, the presence of habit formation generally alters the...

Persistent link: https://www.econbiz.de/10011587590

Do what you know and leave the rest to the experts : quantifying the gains from efficient trade

Larch, Mario; Meinen, Philipp; Nagengast, Arne J.; … - 2025

We develop and test a theory of efficient international trade. Efficiency gains arise through lower trade costs faced by 'trade specialists', whose superiority over 'common traders' manifests itself through lower trade costs. To test our theory, we construct and deploy a novel dataset based on...

Persistent link: https://www.econbiz.de/10015413538

Microfinance at the margin : experimental evidence from Bosnia and Herzegovina

Augsburg, Britta; Haas, Ralph de; Harmgart, Heike; … - 2014

We use a randomised controlled trial (RCT) to analyse the impact of microcredit on poverty reduction in Bosnia and Herzegovina. The study population are loan appli-cants that would normally have just been rejected based on regular screening. We find that access to credit allowed borrowers to...

Persistent link: https://www.econbiz.de/10010247395