In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the … less in favor of income redistribution. In societies with a high level of actual social mobility, income inequality is …

This paper decomposes inequality in subjective well-being into inequality due to socioeconomic background (SEB) and … meritocratic inequality due to differences in individual merits such as school performance. We measure the meritocratic share of … outcomes are not yet visible. At age 18-19, about 40 percent of the inequality in well-being is meritocratic. The role of …

Do the people around us influence our personality? To answer this question, we conduct an experiment with 543 … of peers'extraversion, agreeableness, or neuroticism. To explain these results, we propose a simple model of personality … development under the influence of peers. Consistent with the model's prediction, personality spillovers are concentrated in …

This paper provides evidence of a novel facet of peer effects by showing how peer personality affects educational … persistence of their peers. The personality peer effects that we document are distinct from other observable peer characteristics … and suggest that the personality traits of peers causally affect human capital accumulation. …

Do the people around us influence our personality? To answer this question, we conduct an experiment with 543 … of peers’ extraversion, agreeableness, or neuroticism. To explain these results, we propose a simple model of personality … development under the influence of peers. Consistent with the model’s prediction, personality spillovers are concentrated in …

This paper provides evidence of a novel facet of peer effects by showing how peer personality affects educational … persistence of their peers. The personality peer effects that we document are distinct from other observable peer characteristics … and suggest that the personality traits of peers causally affect human capital accumulation. …

Do the people around us influence our personality? To answer this question, we conduct an experiment with 543 … of peers' extraversion, agreeableness, or neuroticism. To explain these results, we propose a simple model of personality … development under the influence of peers. Consistent with the model's prediction, personality spillovers are concentrated in …

Do the people around us influence our personality? To answer this question, we conduct an experiment with 543 … personality development under the influence of peers. Consistent with the model - prediction, personality spillovers are … concentrated in traits predictive of performance. Students adopt personality traits that are productive in the university context …