Arguments about the appropriate discount rate often start by assuming a Utilitarian social welfare function with isoelastic utility, in which the consumption discount rate is a function of the (constant) elasticity of marginal utility along with the (much discussed) utility discount rate. In...

In this paper we develop a methodology for identifying a population group surveyed latently in the (target) survey relevant for further processing, for example poverty calculations, but surveyed explicitly in another (source) survey, not suitable for such processing. Identification is achieved...

Subgroup Decomposability is a very useful property in an inequality measure, and level-sensitivity, which requires a given level of inequality to acquire a greater significance the poorer a population is, is a distributionally appealing axiom for an inequality index to satisfy. In this paper,...

This article provides a tool to study over time the distributions of income in a population, regardless the irregular distribution of data. We even approach Lorenz curves at the times when we lack the required data. Finally we apply the present technique to a European country where inequalities...

In 1990, during reunification, West German democratic institutions and the existing political party system were expanded to the East German states. Even after 25 years, the people of eastern and western Germany still differ in their political engagement and attitudes. However, these differences...

Im Jahr 1990 wurden im Zuge der Wiedervereinigung die westdeutschen demokratischen Institutionen und das bestehende Parteiensystem auf die ostdeutschen Bundesländer ausgeweitet. Auch 25 Jahre danach unterscheiden sich die Menschen in Ost- und Westdeutschland weiterhin in ihrem politischen...

How do firms motivate their employees to be productive? The conventional wisdom is that workers respond to monetary incentives—"Pay them more and they will work harder." However, a large and growing body of empirical evidence from laboratory and field experiments, surveys, and observational...

People who are unable to maintain the same standard of living as others around them experience a sense of relative deprivation that has been shown to reduce feelings of well-being. Relative deprivation reflects conditions of worsening relative poverty despite striking reductions in absolute...

A strong association between incomes across generations—with children from poor families likely to be poor as adults—is frequently considered an indicator of insufficient equality of opportunity. Studies of such “intergenerational persistence,” or lack of intergenerational mobility, are...

The policy discourse termed flexicurity is on its way of becoming a concept. Yet, this political process bears the risk of departing from the very idea of flexicurity. This paper argues that this could be prevented if flexicurity were guided by a clear conception of human well-being. The paper...