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Direct Evidence on Income Comparisons and Their Welfare Effects

Senik, Claudia - 2021

This paper provides unheard direct evidence that comparisons exert a significant effect on subjective well-being. It also evaluates the relative importance of different types of benchmarks. Dynamic comparisons outweigh static ones. Internal benchmarks are more important than external reference...

Persistent link: https://www.econbiz.de/10013316674

Perception of Inequality and Social Mobility

Gimpelson, Vladimir - 2014

This paper explores the perceptions of inequality and their associations with social mobility exploiting the ISSP and … more tolerant to income inequality than a less mobile and segmented one? The intuitive answer seems to be an obvious “yes …

Persistent link: https://www.econbiz.de/10013040179

Perceptions of distributive justice in Latin America during a period of falling inequality

Reyes, Germán; Gasparini, Leonardo - 2017

In this paper we explore perceptions of distributive justice in Latin America during the 2000s and its relationship … with income inequality. In line with the fall in income inequality in the region, we document a widespread, although modest … inequality for 17 out of the 18 countries for which microdata is available. Our analysis reveals unfairness perceptions are more …

Persistent link: https://www.econbiz.de/10011691107

Communication matters : sensitivity in fairness evaluations across wealth inequality expressions and levels

Oppel, Annalena - 2023

individuals' fairness perceptions regarding wealth inequality. It begins from the premise that prominent measures of inequality … expressions lead to a larger decline in fairness evaluations for higher levels of inequality. More broadly, the paper …This paper seeks to understand whether the way in which inequality is communicated through measurements influences …

Persistent link: https://www.econbiz.de/10014314736

Are people inequality averse, and do they prefer redistribution by the state? : evidence from German longitudinal data on life satisfaction

Schwarze, Johannes; Härpfer, Marco - 2002

We link life-satisfaction data to inequality of the pre-government income distribution at the regional level, to … estimate the degree of inequality aversion. In addition, we investigate whether a reduction in inequality by the state … increases individual well-being. We find that Germans are inequality averse over the entire income distribution. However …

Persistent link: https://www.econbiz.de/10011436192

Are people inequality averse, and do they prefer redistribution by the state? : evidence from German longitudinal data on life satisfaction

Schwarze, Johannes; Härpfer, Marco - 2002

Persistent link: https://www.econbiz.de/10011406589

Local neighbors as positives, regional neighbors as negatives : competing channels in the relationship between others' income, health, and happiness

Ifcher, John; Zarghamee, Homa; Graham, Carol - 2016

We develop a theoretical framework that considers four distinct explanatory channels through which neighbors' income could affect utility: public goods, cost of living, expectations of future income, and the direct effect (relative income hypothesis (RIH) and altruism). The relationship is...

Persistent link: https://www.econbiz.de/10011476321

Relative income and happiness : an Experiment

Ifcher, John; Zarghamee, Homa S.; Houser, Daniel; Diaz, Lina - 2018

John Stuart Mill claimed that "men do not desire merely to be rich, but richer than other men." Do people desire to be richer than others? Or is it that people desire favorable comparisons to others more generally, and being richer is merely a proxy for this ineffable relativity? We conduct an...

Persistent link: https://www.econbiz.de/10011902869

Money, social capital and materialism : evidence from happiness data

Piekalkiewicz, Marcin - 2016

Are unhappiness, high concern for money and scarcity of social capital different faces of the same phenomenon? Economists tend to treat these variables as distinct correlates of well-being. On the contrary, positive psychologists argue that they all relate to materialism, a system of personal...

Persistent link: https://www.econbiz.de/10011454490

Well-Being and Fair Distribution : Beyond Cost-Benefit Analysis

Adler, Matthew D. - 2014

-evaluation methodologies — traditional cost-benefit analysis, inequality metrics, poverty metrics, and cost-effectiveness analysis. Only the …

Persistent link: https://www.econbiz.de/10014174416