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interpersonal inequality during 1975-2005 are measured using data from UNU-WIDER's World Income Inequality Database. In order to … better understand the trends, global interpersonal inequality is decomposed into within-country and between …-country inequality. The paper illustrates that the relationship between global interpersonal inequality and these constituent components …
Persistent link: https://www.econbiz.de/10010343234
association of reduction of income inequality (redistribution) with subjective wellbeing. Their results provide evidence that … people in Europe are negatively affected by income inequality, whereas reduction of inequality has a positive effect on well …-being. Since the authors simultaneously estimate the effects of income inequality and its reduction, their results indicate that …
Persistent link: https://www.econbiz.de/10010352877
This paper investigates physiological responses to perceptions of unfair pay. We use an integrated approach exploiting complementarities between controlled lab and representative panel data. In a simple principal-agent experiment agents produce revenue by working on a tedious task. Principals...
Persistent link: https://www.econbiz.de/10011558641
Meltzer and Richard (1981), higher initial inequality levels do not correlate positively with redistribution. I conduct a …
Persistent link: https://www.econbiz.de/10011575803
We examine vulnerability to poverty in Tajikistan during the global financial crisis, focusing on the roles played by international migration and remittances, using a formal, practical, and easily decomposable vulnerability measure. Our strategy is to estimate a Markov transition probability...
Persistent link: https://www.econbiz.de/10011580510
We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure … voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged. …
Persistent link: https://www.econbiz.de/10011584914
This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions … of inequality aversion. We use two integrated assessment models (FUND and RICE) for our numerical exercise to get more … robust findings. Our results suggest that inequality considerations lead to a higher (lower) SCC values in high (low) income …
Persistent link: https://www.econbiz.de/10011586846
income inequality during periods of private debt overhang. In contrast, there are no discernible distributional effects when …
Persistent link: https://www.econbiz.de/10011595946
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...
Persistent link: https://www.econbiz.de/10011601022
At least half of all employees in Germany described their wages in all three survey years under consideration here - 2005, 2007, and 2009 - as just. Still, major changes occurred over this period in how people perceived their earnings. Data from the Socio- Economic Panel (SOEP) Study show that...
Persistent link: https://www.econbiz.de/10011601313