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Equality of opportunity is an ethical goal with almost universal appeal. The interpretation taken here is that a society has achieved equality of opportunity if it is the case that what individuals accomplish, with respect to some desirable objective, is determined wholly by their choices and...
Persistent link: https://www.econbiz.de/10010274702
We analyze the effect of some circumstances, i.e. exogenously determined individual characteristics, over individual income and likewise over achieved years of education. Gathering information for Bolivia and applying the theoretical scheme of Equality of Opportunity, this paper identifies as...
Persistent link: https://www.econbiz.de/10011703371
While inequality of opportunity (IOp) in earnings is well studied, the literature on IOp in individual net wealth is … wealth and income distribution can significantly diverge. We measure ex-ante IOp in net wealth for Germany using data from … wealth before effort is exerted. The SOEP allows for a direct mapping from individual circumstances to individual net wealth …
Persistent link: https://www.econbiz.de/10014390537
While inequality of opportunity (IOp) in earnings is well studied, the literature on IOp in individual net wealth is … wealth and income distribution can significantly diverge. We measure ex-ante IOp in net wealth for Germany using data from … wealth before effort is exerted. The SOEP allows for a direct mapping from individual circumstances to individual net wealth …
Persistent link: https://www.econbiz.de/10014375149
The case of German reunification has been subject to extensive research on earnings inequality and labor market integration. however, little is known about the development of equality of opportunity (EOp) in East and West Germany after 1990.Using German micro data, we empirically analyze how...
Persistent link: https://www.econbiz.de/10011391647
In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the income generation process affects this association. Building on a two-period model of individual life-time utility maximization, we predict that persons with higher perceived...
Persistent link: https://www.econbiz.de/10010302716
In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the income generation process affects this association. Building on a two-period model of individual life-time utility maximization, we predict that persons with higher perceived...
Persistent link: https://www.econbiz.de/10011422202
In this paper, we assume that redistribution modifies the community structure of an economy and generates both intra and intergenerational mobility. In a world in which neighbourhood attributes and family backgrounds are important to determine the investment effort and the productivity of...
Persistent link: https://www.econbiz.de/10011608803
This paper proposes a method to decompose earnings inequality into a component due to unequal opportunities and a residual term. Drawing on the distinction between 'circumstance' and 'effort' variables in John Roemer's work on equality of opportunity, we associate inequality of opportunities...
Persistent link: https://www.econbiz.de/10010265064
This paper analyses the extent of income inequality and opportunity inequality in 25 European countries. The present work contributes to understanding the origin of standard income inequality, helping to identify potential institutional setups that are associated to opportunity inequality. We...
Persistent link: https://www.econbiz.de/10010269930