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We investigate the effects of inequality in wealth on the incentives to contribute to a public good when agents are … generated by purely selfish agents. But introducing inequality motivates more productive agents to exert higher efforts and help … disadvantageous inequality. Moreover, the more inequity averse the agents, the more inequality should be imposed even by an …
Persistent link: https://www.econbiz.de/10010278642
We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects eithervote on or exogenously...
Persistent link: https://www.econbiz.de/10010274671
While the allocative efficiency of mobility is typically considered to be positive but small in the long run, the …
Persistent link: https://www.econbiz.de/10010268747
inequality is permanent, the increase in growth appears to be permanent. However, our estimates imply that it would take 13 years …
Persistent link: https://www.econbiz.de/10010269773
In view of rising wage and income inequality, the introduction of a legal minimum wage has recently become an important … reducing income inequality, even if it led to a substantial increase in hourly wages at the bottom of the wage distribution …
Persistent link: https://www.econbiz.de/10010269901
identity on individuals' intrinsic response to incentives, and consequently on widening income inequality. …
Persistent link: https://www.econbiz.de/10010286869
counterfactual simulations. We start by decomposing changes in inequality/poverty indices into three contributions: reforms of the … (benefit amounts, tax bands, etc.), and all other changes in the underlying population (market income inequality, demographic …-benefit changes on inequality when evaluated against a distributionally-neutral benchmark, i.e., a situation where tax …
Persistent link: https://www.econbiz.de/10010268220
as well off as he could be by undertaking inter-period income transfers. There is long-term ex-post inequality of …
Persistent link: https://www.econbiz.de/10010269663
We analyze the association between inequality and growth across 72 labor market regions in Sweden 1990-2006. Highly … accurate measures of growth and inequality (gini, Q3, p9075, p5010) are derived from population register data. The regional set … within a country share the same redistributive policies and institutions. The findings suggest that inequality between the 90 …
Persistent link: https://www.econbiz.de/10010278526
Since 1989, there has been a sharp increase in the role of caste and religion in determining political fortunes at both state and federal levels in India. As a consequence, significant inter-caste and inter-religion differences in earnings have the potential to stall the process of economic...
Persistent link: https://www.econbiz.de/10010267499