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Closely following recent innovations in the literature on the multidimensional measurement of poverty, this paper provides similar measures for the top of the distribution using a dual cutoff method to identify persons, who can be considered as rich in a multidimensional setting. Thereby, the...
Persistent link: https://www.econbiz.de/10010273138
The article is concerned with understanding the impact of social preferences and wealth inequality on aggregate economic outcomes. We investigate how different manifestations of other-regarding preferences affect incentive contracts at the microeconomic level and how these in turn translate into...
Persistent link: https://www.econbiz.de/10012287835