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While there is now something of a consensus in the literature on the economics of happiness that income comparisons to others help determine subjective wellbeing, debate continues over the relative importance of own and reference-group income, in particular in research on the Easterlin paradox....
Persistent link: https://www.econbiz.de/10011295515
The present study reports the findings of a survey conducted by the World Values Survey scientists in the United States on the question of whether governments should tax the rich and subsidize the poor. The sample size of 2166 consisted of individuals from all parts of the United States. A...
Persistent link: https://www.econbiz.de/10012978714
We study inequality in the distribution of self-assessed health (SAH) in the United States and China, two large … inequality trends throughout the period covering the public health insurance coverage expansions in the two countries. We find … that whether SAH inequality is greater in the US or in China depends on the concept of status and the inequality …
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income disparities, policy-makers have fretted about the inequality effects of fiscal consolidations. We shed new light on … this issue by empirically investigating the (composition) effects of tax-based consolidations on income inequality, output …-based consolidations reduce income inequality, but at the cost of weaker economic activity. However, tax composition does matter. Indirect …
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