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Following Sen's (1973) characterization of the Gini coefficient as a ratio between a measure of aggregate income-based stress ("depression" in Sen's terminology) and aggregate income, we transform the Gini coefficient into a social welfare function rather than having the Gini coefficient feature...
Persistent link: https://www.econbiz.de/10015324816
I study attitudes towards risk taking in cases where a person relates to others positively, namely altruistically. This study is needed because it is unclear how altruism influences the inclination of an altruistic person to take risks. Will this person's risk-taking behavior differ if the...
Persistent link: https://www.econbiz.de/10014394252
We examine an assumed link between reducing inequality in income distribution, namely reducing the Gini coefficient on one hand, and improving public health in general and lowering the incidence and severity of COVID-19 in particular on the other hand. The Gini coefficient can be shown to...
Persistent link: https://www.econbiz.de/10012815533
Drawing on two assumptions: that menopause is an instrument for the efficient regulation of the duration of a biologically expensive state, and that people have children in order to obtain support from them in old age, we set out a new idea that seeks to explain both the occurrence of menopause...
Persistent link: https://www.econbiz.de/10012522873
In this paper I study policy responses to an increase in post-merger distress. I consider the integration of regions and nations as a merger of populations which I view as a revision of social space, and I identify the effect of the merger on aggregate distress. The paper is based on the premise...
Persistent link: https://www.econbiz.de/10009510589
Received migration research has it that higher relative deprivation strengthens the incentive for people to migrate, and that migration is often a risky enterprise. Relative deprivation has been seen as a push factor in migration, and the level of risk involved in migration has been understood...
Persistent link: https://www.econbiz.de/10013465375
This paper presents a set of reflections on what gives rise to remittances, which constitute a major part of the impact of migration on economic development in the migrants' own countries. The collage of reasons presented serves to illustrate that remittance behavior is the outcome of an...
Persistent link: https://www.econbiz.de/10003869623
The naturalization of asylum seekers is modeled as an economic problem. In choosing their level of investment in host-country-specific human capital, asylum seekers take into consideration the probability of their being naturalized. The government of the host country chooses the probability of...
Persistent link: https://www.econbiz.de/10003971093
Illegal migrants supply a valuable productive input: effort. But their status as illegals means that these migrants face a strictly positive probability of expulsion. A return to their country of origin entails reduced earnings when the wage at origin is lower than the wage at destination. This...
Persistent link: https://www.econbiz.de/10003358414
This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters the accumulation of wealth. It proposes a measure for an individual’s want of social status. For a given level of a population’s wealth, the corresponding aggregate measure...
Persistent link: https://www.econbiz.de/10002584206