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We investigate the manner in which a desire to emulate the rich influences individuals' allocation of time between labour and leisure, greater inequality inducing longer work hours as a result. Data on work hours in ten countries over the period 1963-98 show that greater inequality is indeed...
Persistent link: https://www.econbiz.de/10004990210
"Community governance" is the set of small group social interactions that, with market and state, determine economic outcomes. We argue (i) community governance addresses some common market and state failures but typically relies on insider--outsider distinctions that may be morally repugnant...
Persistent link: https://www.econbiz.de/10004990212
Persistent link: https://www.econbiz.de/10005099473