One reason to be concerned about income inequality is the idea that people not only care about their own absolute income, but also their income relative to various reference groups (e.g. co-workers, friends, neighbors, relatives, etc.). We use Canadian linked employer-employee data to estimate...

By reporting his satisfaction with his job or any other experience, an individual does not communicate the number of utils that he felt. Instead, he expresses his posterior preference over available alternatives conditional on acquired knowledge of the past. This new interpretation of reported...

In 2009, the Australian, Brazilian and UK parliaments faced strong criticism - to say the least - over the issue of parliamentarians' expenses. The uncovering of widespread misuses of public resources by parliamentarians in each of these three countries was the subject of intense media and...