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the dynamic study of inequality through the lens of social stratification. …
Persistent link: https://www.econbiz.de/10012146514
the dynamic study of inequality through the lens of social stratification. …
Persistent link: https://www.econbiz.de/10011987096
The large amount of equal division of bequests by parents who otherwise would have compensated the earning differences among their children is attributed to the cost associated with unequal bequests. This paper identifies a source of this cost and explains why equal bequests to children whose...
Persistent link: https://www.econbiz.de/10010291756
The intersection of the standard altruism hypothesis with the quite strong evidence that bequests tend to be equal suggests that inter-vivos transfers should be strongly compensatory. Yet the available evidence is not in congruence with this implication. It has therefore been inferred that the...
Persistent link: https://www.econbiz.de/10010292405
We provide an analytical-behavioral explanation for the observed positive relationship between income inequality, as …
Persistent link: https://www.econbiz.de/10010293708
This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters … coefficient of wealth inequality. Hence the Gini coefficient and growth are positively correlated, holding the population's wealth …
Persistent link: https://www.econbiz.de/10010293749
Let a society's unhappiness be measured by the aggregate of the levels of relative deprivation of its members. When two societies of equal size, F and M, merge, unhappiness in the merged society is shown to be higher than the sum of the levels of unhappiness in the constituent societies when...
Persistent link: https://www.econbiz.de/10010304756
inequality (when inequality is measured by the Gini coefficient). This happens when individuals' preferences depend negatively … that gives rise to this perverse effect of a transfer on inequality is a non-empty open subset of all preference profiles …
Persistent link: https://www.econbiz.de/10010323674
Let a society's unhappiness be measured by the aggregate of the levels of relative deprivation of its members. When two societies of equal size, F and M, merge, unhappiness in the merged society is shown to be higher than the sum of the levels of unhappiness in the constituent societies when...
Persistent link: https://www.econbiz.de/10010323684
We relate to others in two important ways: we care about others, and we care about how we fare in comparison to others. In some contexts, these two forms of relatedness interact. Caring about others can conveniently be labeled altruism. Caring about how we fare in comparison with others who fare...
Persistent link: https://www.econbiz.de/10010326706