Showing 1 - 10 of 1,694
This paper draws on evidence from an internal attitude survey in the freight-handling terminals of a unionized trucking firm to investigate the effect of local labor market conditions on employee wage-fairness perceptions. The key element of our research design is that local managers have no...
Persistent link: https://www.econbiz.de/10013318983
Standard income inequality indices can be interpreted as a measure of welfare loss entailed in departures from equality … of outcomes, for egalitarian social welfare functions defined on the distribution of outcomes. But such a welfare …
Persistent link: https://www.econbiz.de/10011641764
Economists praise the efficiency of the price mechanism in allocating scarce resources. Others, however, often reject …
Persistent link: https://www.econbiz.de/10010503705
In this paper, we examine students' attitudes towards various allocation mechanisms for a scarce resource. For this purpose, we have run a survey among officers of the German military who are enrolled in different courses of study (such as economics) at the University of the German Federal Armed...
Persistent link: https://www.econbiz.de/10014077234
assume agents have preferences for equity and efficiency as well as their own material payoffs. Empirical failure of the … that have higher efficiency and greater equity …
Persistent link: https://www.econbiz.de/10014185562
Recent revelations on the use of fiduciary services by the wealthy and political leaders raise concerns regarding the use of such services for tax and creditor evasion. Yet given the secrecy shrouding much of the fiduciary industry, we do not know which fiduciary services are used for such...
Persistent link: https://www.econbiz.de/10012968231
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/10010258037
Persistent link: https://www.econbiz.de/10012249705
Using detailed data on a cohort of young Americans who were in their late twenties and early thirties in 2008, we investigate the importance of forces different from economic incentives in nest-leaving decisions. We apply recent methods from social network econometrics to identify the importance...
Persistent link: https://www.econbiz.de/10011531870
This paper studies the social and economic responses to the COVID-19 pandemic in a large sample of countries. I stress, in particular, the importance of countries' interconnections to understand the spread of the virus. I estimate a Global VAR model and exploit a dataset on existing social...
Persistent link: https://www.econbiz.de/10012262142