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In this paper, we present the results of a Learning-to-Forecast Experiment (LtFE) eliciting short- as well as long …
Persistent link: https://www.econbiz.de/10015259420
Using Japanese prefecture-level data for the years 1979 and 1996, I explore the extent to which inequality, age heterogeneity, and human capital have an effect upon neighborhood trust, which is ordinarily considered as a kind of particularized trust. The major findings are as follows: (1) Income...
Persistent link: https://www.econbiz.de/10015214024
Should public policies address inequality due to heterogeneous life expectancy? Intuitively, taking short life as a disadvantage, such policies should favor those with high mortality. Yet, pension systems implicitly redistribute from low-life-expectancy to high-life-expectancy people. Moreover,...
Persistent link: https://www.econbiz.de/10015214435
Startups in artificial intelligence are transforming the landscape of the global economy, serving as laboratories of innovation and productivity. These enterprises are not merely creating new technologies; they are reimagining entire industries, driving efficiency, and enhancing human...
Persistent link: https://www.econbiz.de/10015214587
Walrasian General Equilibrium Theory puts no restriction on the income distribution that results from the market functioning, since this theory purportedly excludes the analysis of distribution related problems, as they may imply the introduction of normative considerations. However, the absence...
Persistent link: https://www.econbiz.de/10015216006
The main issue of this article is to discuss the question of ‘precarity’ in the context of the theory of social quality (see Beck et al, 2001), with which to pave the way for developing further the theoretical foundation of precarity. Societal practice is the main challenge this concept...
Persistent link: https://www.econbiz.de/10015216169
Infaq is one of the basic terms of Quran, which is used in Quran, at almost sixty places. It is basically pious spending in the way of Allah. It has a significant importance in Islamic economic principles, with reference to redistribution of wealth and elimination of poverty. At different places...
Persistent link: https://www.econbiz.de/10015217009
It is the growing societal interest about the individual and its behaviour in our and 'modern' societies which is asking for microanalyses about the individual situation. In order to allow these microanalyses on a quantitative and empirically based level microsimulation models were developed and...
Persistent link: https://www.econbiz.de/10015217454
German and United States data from the Luxembourg Income Study are used to compare the relative economic well-being of Germans and Americans in the 1980s. In our analysis we use both official equivalence scales and consumption-based country-specific equivalence scales developed for Germany and...
Persistent link: https://www.econbiz.de/10015217603
Equivalence scales are a prerequisite for any economic well-being comparison with measures on income distribution, inequality and poverty. This paper provides equivalence scales based on revealed preference consumption microdata for West Germany 1983. It is a part of a joint US and German...
Persistent link: https://www.econbiz.de/10015217604