Showing 1 - 10 of 170
Middle class values have long been perceived as drivers of social cohesion and growth. In this paper we investigate the relation between class (measured by the position in the income distribution), values, and political orientations using comparable values surveys for six Latin American...
Persistent link: https://www.econbiz.de/10013111185
This paper provides an analysis of the social consequences of people seeking to keep up with the Joneses. All individuals attempt to reach a higher rank than the Joneses, including the Joneses themselves. This attitude gives rise to an equilibrium in which all individuals have equal utilities...
Persistent link: https://www.econbiz.de/10013022644
Tony Atkinson is universally celebrated for his outstanding contributions to the measurement and analysis of inequality …, but he never saw the study of inequality as a separate branch of economics. He was an economist in the classical sense …
Persistent link: https://www.econbiz.de/10012952591
A large empirical literature documents a rise in wage inequality in the American economy. Itis silent on whether the … increase in inequality is due to greater heterogeneity in thecomponents of earnings that are predictable by agents or whether …
Persistent link: https://www.econbiz.de/10005861533
earnings and income inequality in the USA. Time-inconsistencyproblems related to top coding in theses data have led many … traditionalsummary measure of inequality... …
Persistent link: https://www.econbiz.de/10005862788
In this paper, we address the problem of estimating transport surplus (a.k.a. matching affinity) in high dimensional optimal transport problems. Classical optimal transport theory species the matching affinity and determines the optimal joint distribution. In contrast, we study the inverse...
Persistent link: https://www.econbiz.de/10012966059
-deprived are and for tracking inequality of opportunity over time. We find that, regardless of how wellbeing is measured, the same …
Persistent link: https://www.econbiz.de/10012948573
We conducted a randomized controlled trial testing the effect of modest incentives to attend the gym among new members of a fitness facility, a population that is already engaged in trying to change a health behavior. Our experiment randomized 836 new members of a private gym into a control...
Persistent link: https://www.econbiz.de/10012952585
This paper uses a laboratory experiment to explore individuals' motivations for redistribution. The laboratory results show that as income uncertainty diminishes, participants become more extreme in their preferences for redistribution. The findings suggest that for most people, the motivation...
Persistent link: https://www.econbiz.de/10012981509
We investigate the role of marital patterns in explaining rising income inequality using a structural marriage matching … explain about 1/3 of the rise in income inequality. The intensive margin (educational assortative mating) has only played a …
Persistent link: https://www.econbiz.de/10012917082