Do people care about income inequality and does income inequality affect subjective well-being? Welfare theories can … predict either a positive or a negative impact of income inequality on subjective well-being and empirical research has found … such empirical heterogeneity. Using a very large sample of world citizens we test the consistency of income inequality in …

quality. The theoretical model suggests that income inequality, coupled with political bias in favor of the rich, decreases … in a panel of countries, the paper finds that inequality has a negative effect on both institutional quality and …

disclose the dramatic upward trend in inequality. On this basis, we estimate a two-equation model for the income distribution … labour share fall, while its increase in the 2000s prevented inequality from worsening three times more than it actually did …. In turn, had financialisation not increased after 2005, inequality would have decreased to its level in the early …

dramatic transformations in the past century. While Classical economists advanced the hypothesis that inequality is beneficial …

This paper studies differences in inequality perceptions, distributional norms, and redistributive preferences between …. Surprisingly, however, differences in distributional norms are much smaller than differences with respect to inequality perceptions … same inequality perceptions and distributional norms. …

inequality measures. The results indicate that being born in a recession increases the mortality rate later in life for most of … inequality. This is not affected by social mobility: upward mobility does not vary much with the business cycle at birth, for …