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People behave pro-socially in a wide variety of situations that standard economic theory is unable to explain. Social comparison is one explanation for such pro-social behavior: people contributeif others contribute or cooperate as well....
Persistent link: https://www.econbiz.de/10005846385
Volunteering constitutes one of the most important pro-social activities. FollowingAristotle, helping others is the way to higher individual well-being. This view contrasts with theselfish utility maximizer who avoids costs from helping others. The two rival views are studiedempirically. We find...
Persistent link: https://www.econbiz.de/10005868352
The evidence strongly suggests a robust negative relationship between income and fertility, anda positive relationship … between income and longevity. This is puzzling for standard dynamicmodels. For instance, altruistic models that use the most … posi-tive longevity-income relationship for rich individuals, but also predict a positive fertility …
Persistent link: https://www.econbiz.de/10009360674
income generation process affects this association. Building on a two-period model of individual life-time utility … less in favor of income redistribution. In societies with a high level of actual social mobility, income inequality is …
Persistent link: https://www.econbiz.de/10009249011
This paper provides unheard direct evidence that comparisons exert a significant effect onsubjective well-being. It also evaluates the relative importance of different types ofbenchmarks...
Persistent link: https://www.econbiz.de/10005861346
public good is pure, any given, positive level of income inequality can beshown to be socially excessive by suitably …
Persistent link: https://www.econbiz.de/10005868577
In this paper we examine the concept of "vulnerability" (Townsend 1994) within thecontext of income mobility of the … have the greatest impact on consumption, incomparison to shocks to the income stream. Quantile-specific estimates … income stream. The estimates are foundto be robust to household composition and year-specific shocks.[...] …
Persistent link: https://www.econbiz.de/10005871008
importance of demographic factors as asource of income risk. We also propose new measures of the contribution tototal income risk …
Persistent link: https://www.econbiz.de/10008733210
. This paper contributes to this knowledge by examining the income mobility experienced by older people living in Britain and …. The comparative perspective yields insights about the different income experience of older people in the two markedly … different welfare regimes. Results show that old-age income mobility is more pronounced in Britain than in Germany, and that in …
Persistent link: https://www.econbiz.de/10009354039
This paper argues that our understanding of income and poverty dynamicsbenefits from taking a life cycle perspective. A … experiencing rising, falling, orother income trajectories. Using ten waves of the British Household PanelSurvey, we analyse the … income trajectories of people at different stages in theirlives in order to build a picture of income dynamics over the whole …
Persistent link: https://www.econbiz.de/10009354047