and consolidation of class society and inequality. Money, class society, and inequality came into being simultaneously, so … harmony and equality, while inequality was growing and solidifying. Rather than "invented" by private traders, money was first … origins of inequality, a well-functioning democratic society has the power to subvert the inequality-inducing characteristic …

This paper presents findings on the changing effectiveness of cash transfers and income taxes on inequality and poverty … and inequality. The strength of the relationship varies between countries and in some cases between the all age and the …

variables over the period 1970 to 2013. For the baseline simulation, the welfare gain for capital owners is 3.7% of per …-period consumption while workers suffer a welfare loss of 1.4%. Using counterfactual simulations, we find that both groups could have …

In this paper, the concept of Income Satisfaction Inequality is operationalized on the basis of individual responses to … analogue of the objective income concept and includes objective income inequality as a special case. The paper introduces a … method to decompose Income Satisfaction Inequality according to the contributions from variables such as income, education …

-ordering introduced by S.R. Chakravarty (Keio Economic Studies 34 (1997), 17-32) for making welfare comparisons based on the absence of … deprivation. We show that the non-deprivation quasi-ordering obeys a weaker version of the principle of transfers: welfare … individuals and allocated to one arbitrary poorer individual. We identify the subclass of extended Gini social welfare functions …

inequality. We estimate this parameter using four large cross-sectional surveys of subjective happiness and two panel surveys …

effects on economic inequality and welfare. For that purpose we built a general equilibrium heterogeneous-agent model capable … wealth. The results show a quite impressive positive welfare gain despite significant transition costs. The simulations point … to an increase of inequality during the initial transition period, reversing to more compressed distributions as the …

On the presumption that poorer people tend to work less, it is often claimed that standard measures of inequality and … horizontal inequality. Using equivalent incomes to adjust for effort can reveal either higher or lower inequality depending on …

We investigate the welfare implications of two pre-crisis immigration waves (1991–2000 and 2001–2010) and of the post … across countries and across skill groups. In relative terms, the post-crisis wave induces smaller welfare gains compared to …