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In this paper, we study the welfare effects of Christmas presents with a focus on the effect of presents for gift … welfare gain for presents to friends and partners is lower than for presents to close family members. Our empirical analysis … "giver's surplus" of 10 Euro. This indicates a welfare gain of approximately 143% from the average giver's perspective. The …
Persistent link: https://www.econbiz.de/10011949015
potential welfare loss. Also, we give advice about which behaviours might get you more Christmas presents from Santa this year … Christmas entails a welfare loss or gain, however, we give you an idea as to which institutional settings might reduce a …Do you believe that at Christmas time the gas prices, the economy and the number of suicides peak? Do you think that …
Persistent link: https://www.econbiz.de/10010427142
potential welfare loss. Also, we give advice about which behaviours might get you more Christmas presents from Santa this year … Christmas entails a welfare loss or gain, however, we give you an idea as to which institutional settings might reduce a …Do you believe that at Christmas time the gas prices, the economy and the number of suicides peak? Do you think that …
Persistent link: https://www.econbiz.de/10010429146
potential welfare loss. Also, we give advice about which behaviours might get you more Christmas presents from Santa this year … Christmas entails a welfare loss or gain, however, we give you an idea as to which institutional settings might reduce a …Do you believe that at Christmas time the gas prices, the economy and the number of suicides peak? Do you think that …
Persistent link: https://www.econbiz.de/10011076221
altruistic transfers by Pareto-efficient public redistribution. The chapter is organized as follows. Section 2 presents an …
Persistent link: https://www.econbiz.de/10014023678
In this paper, we study the welfare effects of Christmas presents with a focus on the effect of presents for gift … welfare gain for presents to friends and partners is lower than for presents to close family members. Our empirical analysis … "giver's surplus" of 10 Euro. This indicates a welfare gain of approximately 143% from the average giver's perspective. The …
Persistent link: https://www.econbiz.de/10012896220
Reciprocity is one of the main basic social relations that constitute societies. It consists of being favourable to others because others are favourable to you (and not from an exchange in the strict sense). It rests on three possible rationales: (1) balance (comparison, matching), often related...
Persistent link: https://www.econbiz.de/10014023677
Many social democrats believe that the failure of past government interventions in social and economic life can be explained by the absence of social capital, and that government must intervene to create that social capital. This argument is comprehensively undermined in this Hobart Paper. The...
Persistent link: https://www.econbiz.de/10012773245
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form...
Persistent link: https://www.econbiz.de/10012148202
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form...
Persistent link: https://www.econbiz.de/10010945116