This article focuses on the relationship between happiness and standard of living compared with kids and parents in the United States. Using General Social Survey (GSS) data from 1993 to 2010, I find that people who are poorer than their parents or those whose kids are worse off than them are...

Separatist terrorism has been a severe problem for Turkey since the mid-1980s. The conventional wisdom contends that economic deprivation in southeastern Turkey is the fundamental reason for the long-running battle against the Kurdish rebels. Considering that there is limited empirical...

We use General Social Survey data to test our theory's prediction that voluntary giving increases with inequality aversion for high income individuals, and that the opposite is true for low income individuals. We find strong support for our theoretical predictions.

[This item is a preserved copy. To view the original, visit http://econtheory.org/] The de Finetti Theorem is a cornerstone of the Bayesian approach. Bernardo (1996) writes that its "message is very clear: if a sequence of observations is judged to be exchangeable, then any subset of them must...

State-dependent pricing (SDP) models treat the timing of price changes as a profit-maximizing choice, symmetrically with other decisions of firms. Using quantitative general equilibrium models that incorporate a “generalized (S,s) approach,” we investigate the implications of SDP for topics...