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Does envy destroy social fundamentals? The impact of relative income position on social capital

Fischer, Justina A. V.; Torgler, Benno - London School of Economics (LSE) - 2006

Research evidence on the impact of relative income position on individual attitudes and behaviour is sorely lacking. Therefore, this paper assesses such positional impact on social capital by applying 14 different measurements to International Social Survey Programme data from 25 countries. We...

Persistent link: https://www.econbiz.de/10010746066

Inequality in Greece: an analysis by income source

Papatheodorou, Christos - London School of Economics (LSE) - 1998

This paper employs a decomposition analysis of inequality by income source to understand and explain particular aspects of income inequality in Greece. The results suggest that entrepreneurial income is the most significant contributor to overall inequality in Greece. It is also shown that there...

Persistent link: https://www.econbiz.de/10010928797

Life satisfaction and relative income: perceptions and evidence

Mayraz, Guy; Wagner, Gert G.; Schupp, Jürgen - London School of Economics (LSE) - 2009

Using a unique dataset we study both the actual and self-perceived relationship between subjective well-being and income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of questions than in previous studies. In questions inserted into a...

Persistent link: https://www.econbiz.de/10011071089

Parental investment in childhood and later adult well-being: can more involved parents offset the effects of socioeconomic disadvantage?

Hango, Darcy - London School of Economics (LSE) - 2005

Parental involvement in their children’s lives can have a lasting impact on well-being. More involved parents convey to their children that they are interested in their development, and this in turn signals to the child that their future is valued. However, what happens in socio-economically...

Persistent link: https://www.econbiz.de/10011126544

Membership has its priveleges : the effect of social capital and neighbourhood characteristics on the earnings of microfinance borrowers

Gomez, Rafael; Santor, Eric - London School of Economics (LSE) - 2001

This paper examines the determinants of self-employment success for microcredit borrowers. Theories of social capital and neighbourhood effects are integrated in an attempt to account for earnings differentials amongst a unique sample of microfinance borrowers. The paper posits that social...

Persistent link: https://www.econbiz.de/10010745098

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

Public education for the minority, private education for the majority

Levy, Gilat - London School of Economics (LSE) - 2004

Public provision of private goods such as education is usually viewed as a form of redistribution in kind. However …, does it arise when income redistribution is feasible as well? In this paper I analyse a two-dimensional model of political … decision making. Society has to choose both the tax rate and the allocation of the revenues between income redistribution and …

Persistent link: https://www.econbiz.de/10010744923

Spend it like Beckham? Inequality and redistribution in the UK, 1983-2004

Georgiadis, Andreas; Manning, Alan - London School of Economics (LSE) - 2007

rise in inequality will lead to more redistribution. This paper shows that, for the UK in the period 1983-2004, a plausibly … exogenous rise in income inequality has not been associated with increased redistribution. We then explore this further using … attitudinal data. We show that the demand for redistribution, having shown considerable variation over time, is at an all-time low …

Persistent link: https://www.econbiz.de/10010744970

Theory of values

Georgiadis, Andreas; Manning, Alan - London School of Economics (LSE) - 2009

Economists have a well-developed theory of value but the theory of why people hold the values they do is rudimentary at best. In spite of the fact that it is common to argue that values are important, most work on values is normative and the positive theory of values is relatively under-...

Persistent link: https://www.econbiz.de/10010744932

Accounting for cross-country differences in wealth inequality

Cowell, Frank; Karagiannaki, Eleni; McKnight, Abigail - London School of Economics (LSE) - 2013

This paper adopts a counterfactual decomposition analysis to analyse cross-country differences in the size of household wealth and levels of household wealth inequality. The findings of the paper suggest that the biggest share of cross-country differences is not due to differences in the...

Persistent link: https://www.econbiz.de/10011126314