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perceived and the actual fairness of the income generation process affects this association. Building on a simple model of … individual labor-market participation under uncertainty, we predict that higher levels of perceived fairness cause higher levels …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10008683292
We argue that perceived fairness of the income generation process affects the association between income inequality and … high or, respectively, low level of actual fairness. Using a simple model of individual labor market participation under … uncertainty, we predict that high levels of perceived fairness cause higher levels of individual welfare, and lower support for …
Persistent link: https://www.econbiz.de/10011112607
In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the … maximization, we predict that persons with higher perceived fairness will experience higher levels of life-time utility and are … perceived more positively with increased expected fairness. The opposite is expected for countries with low actual social …
Persistent link: https://www.econbiz.de/10008557077
In this paper, we revisit the association between happiness and inequality. We argue that the perceived fairness of the … maximization, we predict that persons with higher perceived fairness will experience higher levels of life-time utility and are … perceived more positively with increased expected fairness. The opposite is expected for countries with low actual social …
Persistent link: https://www.econbiz.de/10008557081