This paper analyses the extent of income inequality and opportunity inequality in 25 European countries. The present work contributes to understanding the origin of standard income inequality, helping to identify potential institutional setups that are associated to opportunity inequality. We...

This paper analyses the extent of income inequality and opportunity inequality in 25 European countries. The present work contributes to understanding the origin of standard income inequality, helping to identify potential institutional setups that are associated to opportunity inequality. We...

This paper uses cross-national data from happiness surveys, jointly with data on per capita income and pollution, to examine how self-reported well-being varies with prosperity and environmental conditions. This approach allows us to show that citizens care about prosperity and the environment,...

We study the effect of power sharing over income redistribution among different socio-economic groups in a model of redistributive politics with fairness concern. We prove that a unique pure-strategy equilibrium exists under fairly general conditions; and we show that equilibrium transfers...

"Wohlstand für alle" - das ist seit Ludwig Erhard das Credo der deutschen Politik. Doch Deutschland ist an seinem Ideal gescheitert: In unserer Marktwirtschaft wird mit gezinkten Karten gespielt. In kaum einem Industrieland herrscht eine so hohe Ungleichheit - in Bezug auf Einkommen, Vermögen...