This paper provides unheard direct evidence that comparisons exert a significant effect onsubjective well-being. It also evaluates the relative importance of different types ofbenchmarks...

This paper investigates the evolution of earnings inequality in urban China from 1989 to2006. After decomposing the variance of log of earnings into transitory and permanent twoparts, we find that both components are important contributors to the total variance ofearnings. We also find that the...

Using data on annual individual labor income from three representative panel datasets(German SOEP, British BHPS, Australian HILDA) we investigate a) the selectivity of itemnon-response (INR) and b) the impact of imputation as a prominent post-survey means tocope with this type of measurement...

The paper reviews the macroeconomic data describing the British economy from 1760 to1913 and shows that it passed through a two stage evolution of inequality. In the first half ofthe nineteenth century, the real wage stagnated while output per worker expanded. The profitrate doubled and the...

The paper reviews the macroeconomic data describing the British economy during theindustrial revolution and shows that they contain a story of dramatically increasing inequalitybetween 1800 and 1840: GDP per worker rose 37%, real wages stagnated, and the profit ratedoubled. They share of profits...

Der vorliegende Beitrag skizziert ein ordonomisches Diskussionsangebot zur Korruptionspräventiondurch und in Unternehmen. Hierzu nimmt er sowohl eine wirtschaftsethische(Korruptionsprävention durch Unternehmen) als auch unternehmensethische Perspektiveein (Korruptionsprävention in...

This article discusses how the theoretical perspective of ordonomics provides a frameworkfor better understanding and advancing the practice of social entrepreneurship.From an ordonomic perspective, the concept of social entrepreneurship offers a semanticinnovation (at the ideas level) whose...

The purpose of this article is to develop an ordonomic conceptualization of corporate citizenshipand new governance that (a) provides a framework for positively explaining thepolitical participation of companies in new governance processes and (b) does not weakenbut instead strengthens the...

Dieser Beitrag geht der Frage nach, wie Wissenschaft als Wissenschaft in einer Gesellschaftwirksam werden kann, wenn die Ideen der öffentlichen Meinung über die Gestaltungsmöglichkeitender Gesellschaftspolitik entscheiden. Die These dieses Beitragslautet, dass Ludwig von Mises‘...

’Nothing in business excites so much interest in the wider world as the pay of top executives.’ theEconomist wrote in a 2003 article titled ’Fat cats feeding - Executive pay’. Indeed, it seems thatthe dwindling heights to which CEO compensation has risen trigger stronger feelings than...