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Does happiness vary with age? The evidence is inconclusive. Some studies show happiness to increase with age (Diener et al. 1999; Argyle 2001). Others hold that the association is U-shaped with either highest depression rates (Mroczek and Christian, 1998; Blanchflower and Oswald, 2008) or highest...
Persistent link: https://www.econbiz.de/10011600876
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced … declare low and high levels of happiness. Rising income inequality moderates the fall in happiness inequality, and may even … the happiness of all, it will at least harmonize the happiness of all, providing that income inequality does not grow too …
Persistent link: https://www.econbiz.de/10010287229
Can consumption taxes reduce inequality in developing countries? This paper combines household expenditure data from 31 … allow for informal consumption and calibrates it to the data to study the effects of different tax policies on inequality …. Contrary to consensus, the findings show that consumption taxes are redistributive, lowering inequality by as much as personal …
Persistent link: https://www.econbiz.de/10012241323
The quest for status is a powerful motivator, but does it affect inequality? This paper presents a novel lab experiment … that was designed and conducted to identify the relationship between inequality, status signaling, debt, and conspicuous … finance exacerbates inequality. The results point to a vicious cycle of inequality and costly borrowing …
Persistent link: https://www.econbiz.de/10012297516
This paper characterizes the trade-off between the income gains and the inequality costs of trade using survey data for … gains and the inequality costs of trade liberalization are quantified and the trade-offs between them are assessed using an … inequality costs (gains), which arise because trade tends to exacerbate income inequality: 45 countries face a trade-off, while …
Persistent link: https://www.econbiz.de/10012022290
Understanding the economic and social effects of the recent global trends of rising market concentration and market power has become a policy priority, particularly in developing countries where markets are often more concentrated. In this context, since the poor are typically the most affected...
Persistent link: https://www.econbiz.de/10012022355
inequality. To reduce the incidence of low-quality jobs, tax policy interventions should go hand in hand with more effective …
Persistent link: https://www.econbiz.de/10012113993
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality …
Persistent link: https://www.econbiz.de/10011267929