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A defining feature of meritocratic societies is that resource distributions reflect individual effort levels. However, this introduces a dilemma in a world where parents care for their children. If one pair of parents works harder than a second pair of parents, the first pair has merited the...
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"This is a book about the demand for redistribution of income through taxes and transfers. It is also a book about how our main intuition about what affects individual preferences for redistribution (whether a person is rich or poor) needs to be complemented with the consideration of other...
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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...
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