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Empirical studies have shown that preferences for redistribution are significantly correlated with expectations of future mobility and the belief that society offers equal opportunities. We add to previous research by investigating the role of individual and social norms on rent seeking. We find...
Persistent link: https://www.econbiz.de/10010381041
Economists increasingly accept that social norms have powerful effects on human behavior and outcomes. In recent history, one norm widely adhered to in most developed nations has been for men to be the primary breadwinner within mixed-gender households. As women have entered the labor market in...
Persistent link: https://www.econbiz.de/10011948995
’ response to an exogenous shock of (un)happiness (i.e. the death of husband or wife). We conclude that SWB explains voting …
Persistent link: https://www.econbiz.de/10013315574
We set up a theoretical framework to analyze the possible role of economic growth and technological progress in the erosion of social capital. Under certain parameters, the relationship between technological progress and social capital can take the shape of an inverted U curve. We show the...
Persistent link: https://www.econbiz.de/10011524856
This paper incorporates tax morale into the Allingham Sandmo (1972) model of income tax evasion. Tax morale is interpreted as a social norm for tax compliance. The norm strength, depending on the share of evaders in the society, is endogenously derived. Taxpayers act conditionally cooperative,...
Persistent link: https://www.econbiz.de/10003412385
In this paper, we attempt to show why the importance of relational goods compared to conventional goods and status goods threatens to decline in contemporary societies. In our point of view, the development of the relative significance of these three types of goods is not a consequence of...
Persistent link: https://www.econbiz.de/10009356432
The nexus between income and happiness is very much disputed. Many cross-sectional studies see a positive relationship …, most longitudinal studies don't. Starting from the fact that the theoretical basis in happiness research has been … findings establish the income-satiation hypothesis of longitudinal studies also in cross-sectional perspective. -- Happiness …
Persistent link: https://www.econbiz.de/10009722218
If policy-makers care about well-being, they need a recursive model of how adult life-satisfaction is predicted by childhood influences, acting both directly and (indirectly) through adult circumstances. We estimate such a model using the British Cohort Study (1970). The most powerful childhood...
Persistent link: https://www.econbiz.de/10013073851
Cross-disciplinary 'happiness research' has made big progress in the measurement of individual welfare. This … development makes it tempting to pursue the old dream of maximizing aggregate happiness as a social welfare function. However, we … postulate that the appropriate approach is not to maximize aggregate happiness in seeking to improve outcomes by direct policy …
Persistent link: https://www.econbiz.de/10014055391
Inaccurate beliefs about social norms can reduce useful social interactions and adversely affect an individual's ability to deal with negative shocks. We implement a randomized controlled trial with low-income workers in urban India who lack access to formal financial and healthcare support. We...
Persistent link: https://www.econbiz.de/10015075984