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Nominal or Real?: The Impact of Regional Price Levels on Satisfaction with Life

Deckers, Thomas; Falk, Armin; Schildberg-Hörisch, Hannah - Forschungsbasierte Infrastruktureinrichtung … - 2013

We study the effect of real versus nominal income on life satisfaction. According to economic theory real income, i.e., nominal income adjusted for purchasing power, should be the relevant source of life satisfaction. Previous work, however, has only studied the impact of nominal income. We use...

Persistent link: https://www.econbiz.de/10011129006

Optimal level of government debt - matching wealth inequality and the fiscal sector

Vogel, Edgar - European Central Bank - 2014

We calibrate an incomplete markets large scale OLG model to the US income and wealth distribution and examine the effects of alternative government debt levels and adjustment policies on macroeconomic aggregates and welfare. We find that the government should hold negative debt. Due to the high...

Persistent link: https://www.econbiz.de/10011067279

A Political Economy Explanation for In-kind Redistribution: The Interplay of Corruption and Democracy

Hessami, Zohal; Thum, Claudio; Uebelmesser, Silke - Fachbereich Wirtschaftswissenschaften, Universität Konstanz - 2012

This paper identifies a novel political-economy explanation for the observed variation in the cash and in-kind (basic health care, public housing or food stamps) mixture of social transfers. We put forward the hypothesis that the share of in-kind transfers is positively correlated with...

Persistent link: https://www.econbiz.de/10011070855

Diversity and redistribution

Fernández, Raquel; Levy, Gilat - London School of Economics (LSE) - 2005

low, the equilibrium policy is characterized by some amount of general income redistribution and some targeted transfers … interest groups and against general redistribution. As diversity increases further, however, only general redistribution …

Persistent link: https://www.econbiz.de/10011071391

La redistribution est-elle encore un objectif des politiques budgétaire et sociale ?

Sterdyniak, Henri - Université Paris-Dauphine (Paris IX) - 2006

1993 à 2005. Sa première partie définit la redistribution fiscalo-sociale et discute ses fondements et les obstacles qu …’elle rencontre. La deuxième présente quelques indicateurs du poids de la redistribution. La troisième analyse les réformes survenues … importance relative diminuer. Le souci de la redistribution fait place à celui d’inciter les riches à rester en France ; celui de …

Persistent link: https://www.econbiz.de/10011072685

A system of inequalities arising in mathematical economics and connected with the Monge-Kantorovich problem

Shananin, A.A.; Levin, V.L.; Ekeland, Ivar; Carlier, … - Université Paris-Dauphine (Paris IX) - 2002

least four diﬀerent economic issues: redistribution, spatial economics, theory of incentives and utility theory. The main …

Persistent link: https://www.econbiz.de/10011073621

La croissance est-elle pro-pauvres au Mali ?

Günther, Isabel; Marouani, Mohamed Ali; Raffinot, Marc - Université Paris-Dauphine (Paris IX) - 2006

dynamics of poverty alleviation. For promoting the equality of opportunities and poverty reduction, redistribution issues …

Persistent link: https://www.econbiz.de/10011073696

Trust and the Welfare State: The Twin Peaks Curve

Algan, Yann; Cahuc, Pierre; Sangnier, Marc - Institute for the Study of Labor (IZA) - 2014

We show the existence of a twin peaks relation between trust and the size of the welfare state that stems from two opposing forces. Uncivic people support large welfare states because they expect to benefit from them without bearing their costs. But civic individuals support generous benefits...

Persistent link: https://www.econbiz.de/10011074815

Weakly monotonic solutions for cooperative games

Casajus, André; Huettner, Frank - In: Journal of Economic Theory 154 (2014) C, pp. 162-172

The principle of weak monotonicity for cooperative games states that if a game changes so that the worth of the grand coalition and some player's marginal contribution to all coalitions increase or stay the same, then this player's payoff should not decrease. We investigate the class of values...

Persistent link: https://www.econbiz.de/10011076675

The Friedman rule in an overlapping-generations model with nonlinear taxation and income misreporting

Gahvari, Firouz; Micheletto, Luca - In: Journal of Public Economics 119 (2014) C, pp. 10-23

This paper models a two-period overlapping-generations economy with money populated with individuals of different skills. They face a nonlinear income tax schedule and can engage in tax evasion. Money serves two purposes: the traditional one, modeled through a money-in-the-utility-function; it...

Persistent link: https://www.econbiz.de/10011077758