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Will wealth inequality decrease happiness?—Empirical evidence from China [PDF]
Frontiers in Psychology, 2023 IntroductionThis article delves into the broad social and economic impacts of wealth inequality, specifically focusing on its effects on happiness, as analyzed using micro survey data from the China Family Panel Studies (CFPS).MethodsThis article employs
Jingtao Wang
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How Wealth Inequality Affects Happiness: The Perspective of Social Comparison [PDF]
Frontiers in Psychology, 2022 Since Easterlin pointed out that economic growth in nations does not guarantee increasing happiness for the average citizen, the underlying reason has remained controversial.
Lingxi Gao +3 more
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Dynamics of wealth inequality [PDF]
Comptes Rendus. Physique, 2019 We study an agent-based model of evolution of wealth distribution in a macroeconomic system. The evolution is driven by multiplicative stochastic fluctuations governed by the law of proportionate growth and interactions between agents. We are mainly interested in interactions increasing wealth inequality, that is, in a local implementation of the ...
Burda, Zdzislaw +2 more
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The association between childhood exposure to local wealth inequality and intergenerational income mobility in the United States [PDF]
Nature CommunicationsPrevious research has documented that income inequality is negatively associated with intergenerational income mobility. Beyond income, wealth is also distributed unequally.
Manuel Schechtl
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Monetary policy effect on income and wealth inequality mechanism. [PDF]
PLoS ONESince the 1990s, global income and wealth inequality has increased significantly, especially in developing countries, where the imbalance in wealth distribution has become increasingly prominent.
Zheng Wang, Yufei Chen, Wenjing Sun
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WEALTH INEQUALITY: DATA AND MODELS [PDF]
Macroeconomic Dynamics, 2005 In the United States wealth is highly concentrated and very unequally distributed: the richest 1% hold one third of the total wealth in the economy. Understanding the determinants of wealth inequality is a challenge for many economic models. We summarize some key facts about the wealth distribution and what economic models have been able to explain so ...
Marco Cagetti, Mariacristina De Nardi
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Augmented wealth in Switzerland: the influence of pension wealth on wealth inequality [PDF]
Swiss Journal of Economics and Statistics, 2020 Entitlements for social security and occupational pensions present a major wealth component and play a central role for financial security. However, most individual-level data lacks information on pension wealth.
Ursina Kuhn
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Characterizing Wealth Inequality in Cryptocurrencies [PDF]
Frontiers in Blockchain, 2021 Cryptocurrencies often tend to maintain a publically accessible ledger of all transactions. This open nature of the transactional ledger allows us to gain macroeconomic insight into the USD 1 Trillion crypto economy.
Ashish Rajendra Sai +2 more
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Job Mobility and Wealth Inequality. [PDF]
Comput Econ, 2022 AbstractThe extent to which employees change jobs, known as the job mobility rate, has been steadily declining in the US for decades. This decline is understood to have a negative impact on both productivity and wages, and econometric studies fail to support any single cause brought forward.
Applegate JM, Janssen MA.
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Correlates of Acceptance of Wealth Inequality: A Moderated Mediation Model [PDF]
Frontiers in Psychology, 2019 Wealth inequality is a prevalent social issue. The present study focuses on acceptance of wealth inequality, and considers personal income, perceived upward mobility, and future time perspective as its antecedents, and collective action intention as its ...
Grand H.-L. Cheng +2 more
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