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their interplay with income inequality. We identify a positive interaction of perceived social mobility that mitigates its … overall impact of income inequality that is SWB lowering, while for low social mobility the effect of inequality is positive …. These interactions hold stronger for pre-transfer than post-transfer income inequality. Actual social mobility appears to be …
Persistent link: https://www.econbiz.de/10005061673
-transfer than post-transfer income inequality suggesting that government redistribution disentangles the effect of income inequality … effects, particularly in their interplay with income inequality. We identify a positive interaction of perceived social … mobility that mitigates the overall SWB lowering effect of income inequality. In contrast to expectations, a high degree of …
Persistent link: https://www.econbiz.de/10005109561
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the … of utility, and lower preferred levels of income redistribution. In societies with a low level of actual social mobility …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10008683292
income redistribution. Income inequality is predicted to have a more favorable impact on subjective wellbeing for individuals …We argue that perceived fairness of the income generation process affects the association between income inequality and … differences in individual tolerance for income inequality, and the predicted influence of actual fairness. …
Persistent link: https://www.econbiz.de/10011112607
less in favor of income redistribution. In societies with a high level of actual social mobility, income inequality is …In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the …
Persistent link: https://www.econbiz.de/10008557077
less in favor of income redistribution. In societies with a high level of actual social mobility, income inequality is …In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the …
Persistent link: https://www.econbiz.de/10008557081
We model the evolution of age-dependent personal income distribution and inequality as expressed by the Gini ratio. In … our framework, inequality is an emergent property of a theoretical model we develop for the dynamics of individual incomes … predict the dynamics of personal incomes for every single person in the working-age population in the USA between 1930 and …
Persistent link: https://www.econbiz.de/10011259180
This paper aims to characterize the behavior of economic agents on Sub-Saharan Africa’s credit market in order to understand the financial exclusion of poor households. Through its theoretical approach, it gives a description of the functioning of the credit market. By considering the social...
Persistent link: https://www.econbiz.de/10011259545
Whereas the supply of redistribution is relatively easy to measure, the determinants of the demand for redistribution … are controversially discussed in international literature. Economic theory typically models redistribution as the result … constraint. This study aims at eliciting preferences for redistribution in Germany with the help of a Discrete Choice Experiment …
Persistent link: https://www.econbiz.de/10011259582
East Germany's unemployment rate still doubles that of West Germany and for the last decade its economic growth has been below that of other transition countries. Policy makers often point to the lack of entrepreneurship as one of East Germany's main problems. This paper addresses the question...
Persistent link: https://www.econbiz.de/10011114077