Showing 1 - 10 of 159
The authors examine the importance of absolute income and relative deprivation incentives for internal and international migration in developing country households. Empirical results, based on Mexican village data, support the hypothesis that households'relative deprivation in the village...
Persistent link: https://www.econbiz.de/10005030337
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
coefficient of wealth inequality. Hence the Gini coefficient and growth are positively correlated, holding the population's wealth …This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters …
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
I study the integration of regions in the form of a merger of populations, which I interpret as a revision of people's social space and their comparison set; I illustrate the way in which a merger can aggravate social distress; and I consider policy responses. Specifically, I view the merger of...
Persistent link: https://www.econbiz.de/10010307717
This paper looks at the integration of regions and nations through the prism of the merger of populations (societies). The paper employs a particular index of social stress. Stylized examples of the merging of two populations suggest that with integration, the social stress index will increase....
Persistent link: https://www.econbiz.de/10011402527
I study the integration of regions in the form of a merger of populations, which I interpret as a revision of people's social space and their comparison set; I illustrate the way in which a merger can aggravate social distress; and I consider policy responses. Specifically, I view the merger of...
Persistent link: https://www.econbiz.de/10010323670
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