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Well-being, poverty and labor income taxation : theory and application to Europe and the U.S.

Maniquet, François; Neumann, Dirk - 2016

tax schemes that alleviate poverty. To avoid conflict with individual well-being, we require redistribution to take place … between agents on both sides of the poverty line provided they have the same labor time. This requirement is combined with … yields the following evaluation criterion: tax schemes should minimize the labor time required to reach the poverty line. We …

Persistent link: https://www.econbiz.de/10011528840

Perspectives from the Happiness Literature and the Role of New Instruments for Policy Analysis

van Praag, Bernard M.S. - 2007

After having been ignored for a long time by economists, happiness is becoming an object of serious research in 21st century economics. In Section 2 we sketch the present status of happiness economics. In Section 3 we consider the practical applicability of happiness economics, retaining the...

Persistent link: https://www.econbiz.de/10010325462

Chapter 2. Inequality, Income, and Well-Being

Decancq, Koen; Fleurbaey, Marc; Schokkaert, Erik - In: Handbook of income distribution : volume 2, (pp. 67-140). 2015

respected and where in each approach the boundaries of individual responsibility are drawn. We compare the measurement of …

Persistent link: https://www.econbiz.de/10014025349

Inequality of well-being and isoelastic equivalence scales

Ebert, Udo; Moyes, Patrick - 2011

Equivalence scales are typically designed for adjusting households' incomes for differences in size and composition. On the one hand, there is evidence that the way differences in needs across households are taken into account has a significant impact on the assessment of inequality in the...

Persistent link: https://www.econbiz.de/10010438699

Perspectives from the happiness literature and the role of new instruments for policy analysis

Praag, Bernard M. S. van - 2007

Persistent link: https://www.econbiz.de/10011372500

Choosing the Joneses : Endogenous Goals and Reference Standards

Knell, Markus; Falk, Armin - 2004

A growing economic literature stresses the importance of relative comparisons, e.g., for savings and consumption or happiness. In this literature it is usually assumed that reference standards against which people compare themselves are exogenously given. In contrast findings from social...

Persistent link: https://www.econbiz.de/10010261901

The optimal choice of a reference standard for income comparisons: indirect evidence from immigrants' return visits

Stichnoth, Holger - 2009

I propose two new tests of Falk and Knell's (2004)prediction that individuals'reference income increases with ability. To overcome the difficulty that the reference income is not observed in existing large data sets, I extend Falk and Knell's model to establish a link between immigrants'...

Persistent link: https://www.econbiz.de/10010298808

The Optimal Choice of a Reference Standard for Income Comparisons: Indirect Evidence from Immigrants' Return Visits

Stichnoth, Holger - 2010

I propose two new tests of Falk and Knell's (2004) prediction that individuals' reference income increases with ability. To overcome the difficulty that the reference incomeis not observed in existing large data sets, I extend Falk and Knell's model to establish a link between immigrants'...

Persistent link: https://www.econbiz.de/10011600907

The optimal choice of a reference standard for income comparisons : indirect evidence from immigrants' return visits

Stichnoth, Holger - 2010

I propose two new tests of Falk and Knell's (2004) prediction that individuals' reference income increases with ability. To overcome the difficulty that the reference incomeis not observed in existing large data sets, I extend Falk and Knell's model to establish a link between immigrants'...

Persistent link: https://www.econbiz.de/10008824319

The optimal choice of a reference standard for income comparisons : indirect evidence from immigrants’ return visits

Stichnoth, Holger - 2009

Persistent link: https://www.econbiz.de/10003857716