Different beliefs about how fair social competition is and what determines income inequality, influence the … their effort, it will chose low redistribution and low taxes. In equilibrium effort will be high, the role of luck limited … income inequality and choices of redistributive policies …

happiness,' we find that there is a large, negative and significant effect of inequality on happiness in Europe but not in the … Europe inequality makes the poor unhappy, as well as the leftists. This favors the hypothesis that inequality affects … right). The results help explain the greater popular demand for government to fight inequality in Europe relative to the US …

Recent years have witnessed increased interest in issues of inequality and mobility in the labor market. Using data …

This paper presents new findings on global inequality dynamics from the World Wealth and Income Database (WID …. Long-run wealth inequality dynamics appear to be highly unstable. We stress the need for more democratic transparency on …

Many American policy analysts point to Denmark as a model welfare state with low levels of income inequality and high …

The U.S. both tolerates more inequality than Europe and believes its economic mobility is greater than Europe's. These … attitudes and beliefs help account for differences in the magnitude of redistribution through taxation and social welfare … spending. In fact, the U.S. and Europe had roughly equal rates of inter-generational occupational mobility in the late …

that redistribution is a function of the variance and skewness of the pre-tax income distribution, the volatility of income … these factors appear to explain the differences between the US and Europe. Instead, the differences appear to be the result … of racial heterogeneity in the US and American political institutions. Racial animosity in the US makes redistribution to …