Results

Blog

Vox EU:

Income, wealth, and environmental inequality in the US

Economic disparities have long been suspected to be a root cause of environmental inequality. But is this really the case? This column links data on income and wealth with data on air pollution exposure over 40 years to ...Read more...

Blog

Vox EU:

The price of power: Why rising markups hurt innovation and widen inequality

Over the past four decades, the US has seen rising market power, slowing productivity growth, and deepening wealth inequality. This column explores how declining competition may be the common culprit. Weak competition le...Read more...

Journal article

Economics of Education Review:

De-tracking at the margin: How alternative secondary education pathways affect student attainment

This paper estimates how marginal increases in the flexibility of between-school tracking affect student attainment by exploiting the addition of non-selective ‘comprehensive schools’ and hybrid ‘vocational high schools’...Read more...

Journal article

European Economic Review:

Does the child penalty strike twice?

This paper compares the labor market trajectories of grandparents before and after the arrival of their first grandchild. We find gender gaps in earnings of 4 and 10 percent five and ten years, respectively, after the fi...Read more...

CEP discussion paper

How effective are R&D tax incentives? Reconciling micro and macro evidence

Recent firm-level studies find R&D tax incentives to be much more effective at stimulating firms' R&D investment than what aggregate analyses indicate. Based on a distributed analysis of official R&D survey and administr...Read more...

CEP discussion paper

The effect of adult psychological therapies on employment and earnings: Evidence from England

People suffering from common mental disorders (CMD) such as depression and anxiety are more likely to be economically inactive. Psychological therapies are highly effective at treating CMDs but less is known about their ...Read more...

CEP discussion paper

Income, wealth and environmental inequality in the United States

This paper explores the relationships between air pollution, income, and wealth by combining administrative data from U.S. tax returns between 1979-2016, various measures of air pollution, and sociodemographic informatio...Read more...

CEP discussion paper

Transitional costs and the decline in coal: Worker-level evidence

The outside options available to workers critically determine the transitional costs of labor demand shocks. Using comprehensive administrative data, we examine the worker-level effects of the decline of coal - a regiona...Read more...

CentrePiece article

The unequal health effects of smart tech in the workplace

How does technological progress affect workers' health? Melanie Arntz, Sebastian Findeisen, Stephan Maurer and Oliver Schlenker explore the effects of digitalisation and find evidence of worsening health among manual wor...Read more...

CEP discussion paper

Capital-skill complementarity in firms and in the aggregate economy

We study capital-skill complementarity in a multi-sector framework featuring firm-specific, multi-factor production functions and allowing for firm-specific factor-price wedges. We characterize the elasticity of the skil...Read more...

Blog

Vox EU:

Closing the health gap: How chronic illness drives health inequality early on

Though health disparities have long been the subject of research and debate, life expectancy gaps between rich and poor remain striking, even in countries with universal access to healthcare. This column analyses the roo...Read more...

Chapter

Happiness and spatial inequality: past, present, and future

in Encyclopedia of Happiness, Quality of Life and Subjective Wellbeing

Why are people happier in certain places as opposed to others? Understanding why people choose to live in a certain area, the elements they take into account when making this decision, and the value that they place on ea...Read more...

Chapter

Money and happiness

in Encyclopedia of Happiness, Quality of Life and Subjective Wellbeing

Many people believe that earning more money would bring more happiness into their lives. However, despite massive improvements in material living conditions in most Western countries, average population happiness has sta...Read more...

Journal article

Oxford Open Economics:

Spatial disparities across labour markets

We consider disparities across local labour markets in Great Britain. Disparities in wages and employment rates are large and persistent, although smaller than 20 years ago. These disparities largely reflect the concentr...Read more...

Journal article

Oxford Open Economics:

Firms and inequality

We review the existing literature on falling business dynamism and present a new analysis using comprehensive UK firm-level panel data. Since the mid-1990s, there has been a large increase in UK firm-level inequality (es...Read more...

Journal article

Oxford Open Economics:

Labour market inequality

Wage and earnings inequality has been on the rise in the United Kingdom (UK) since the late 1970s/early 1980s, and with faster increases than comparator countries, it is now one of the countries with the highest levels o...Read more...

Journal article

Encyclopaedia of Happiness, Quality of Life and Subjective Wellbeing:

Money and Happiness

Many people believe that earning more money would bring more happiness into their lives. However, despite massive improvements in material living conditions in most Western countries, average population happiness has sta...Read more...

Blog

Vox EU:

The effect of productivity growth on within-firm inequality

Wage inequality has increased dramatically in the US since the 1970s, largely driven by within-firm earnings inequality. This column uses combined data from three large micro datasets to study the drivers and implication...Read more...

Journal article

Journal of International Economics:

Are trade wars class wars? The importance of trade-induced horizontal inequality

What is the nature of the distributional effects of trade? This paper demonstrates conceptually and empirically the importance of “trade-induced horizontal inequality,” i.e. inequality that occurs among workers with the ...Read more...

CEP discussion paper

Land use regulation, homeownership and wealth inequality

We examine the role that housing market regulatory restrictiveness plays in differentially affecting the net wealth of owners and renters over time, and its contribution to wealth inequality. In tightly regulated desirab...Read more...

Journal article

Econometrica:

A Comment on: "Walras-Bowley Lecture: Market Power and Wage Inequality" by Shubhdeep Deb, Jan Eeckhout, Aseem Patel, and Lawrence Warren

A burgeoning literature in labor economics is focused on modeling employer labor market power, generally finding nontrivial estimates of monopsony power. A smaller literature also simultaneously incorporates product mark...Read more...

Journal article

Journal of Economic Behavior and Organization:

Where does money matter more?

There is much still to learn about the relationship between income and well-being, and in particular how this may depend on the economic and social context. We use Russian data to estimate individual Welfare Functions of...Read more...

External publication

A generation at risk: rebalancing education in the post-pandemic era

We present for the first time a model of children's evolving socio-emotional and cognitive skills to assess how the educational and lifetime prospects of children of different ages, genders and socio-economic backgrounds...Read more...

Journal article

Journal of Labor Economics:

The Employment and Distributional Impacts of Nationwide Minimum Wage Changes

We estimate the effect of the introduction of the UK’s National Living Wage in 2016, and increases in it up to 2019, using a new empirical method. We apply a bunching approach to a setting with no geographical variation ...Read more...

Chapter

Inclusive entrepreneurial ecosystems

in Entrepreneurial ecosystems in cities and regions: emergence, evolution, and future

Cities and regions with the strongest entrepreneurial ecosystems are often marked by high levels of inequality. These inequalities have, however, often been overlooked in policy and academic circles. Seeking to remedy th...Read more...

CEP discussion paper

Are we yet sick of new technologies? The unequal health effects of digitalization

This study quantifies the relationship between workplace digitalization, i.e., the increasing use of frontier technologies, and workers' health outcomes using novel and representative German linked employer-employee data...Read more...

Journal article

LSE Public Policy Review:

Wage Controversies: Real Wage Stagnation, Inequality and Labour Market Institutions

Weak real wage growth, low wage work and higher wage inequality than the past are features of contemporary labour markets the world over. Longstanding wage controversies in economics are of relevance to them. This paper ...Read more...

Journal article

LSE Public Policy Review:

Spatial Labour Market Inequality and Social Protection in the UK

Spatial inequality in economic outcomes is increasingly seen as a problem for national economies. This paper considers spatial inequality in the UK labour market, its causes, and potential policy solutions. Relative to o...Read more...

CEP Insights

Insights: condensed

The Insights series is an introduction to the work of the Centre for Economic Performance (CEP). Each Insight highlights the contribution of CEP researchers to both academic understanding and policymaking in one area of ...Read more...

External publication

The state of the UK economy 2024

The state of the UK economy is always an important matter, but it is all the more so in what looks likely to be an election year. This UK in a Changing Europe report takes stock of the UK economy in order to assess how i...Read more...

Blog

Notes from Poland:

Six myths about inequality in Poland

Pawel Bukowski discusses and debunks some of the common misconceptions regarding inequality in Poland....Read more...

CEP discussion paper

Global managers, local workers: Wage setting inside a multinational firm

How are wages set within a multinational firm? Combining cross-country data on wages and labor regulations with personnel records of a large multinational firm, I find that wage setting depends on the rank of the employe...Read more...

Chapter

Income inequality before, during, and after the transition in central and eastern Europe

in The Oxford Handbook of Post-Socialist Economies

This chapter explores the income inequality in Central and Eastern Europe before, during, and after the transition. It argues that the fall of communism and the transition to a market economy in Eastern Europe were landm...Read more...

Journal article

European Economic Review:

Remote talks: Changes to economics seminars during COVID-19

This paper analyzes the consequences of the change in the presentation mode of economics seminars triggered by the COVID-19 pandemic. The composition of seminar speakers changed significantly. The share of seminars held ...Read more...

CEP discussion paper

The changing nature of pollution, income and environmental inequality in the United States

This paper uses administrative tax records linked to Census demographic data and high-resolution measures of fine small particulate (PM2.5) exposure to study the evolution of the Black-White pollution exposure gap over t...Read more...

Journal article

Explorations in Economic History:

The impact of public transportation and commuting on urban labor markets: Evidence from the New Survey of London Life and Labour, 1929–1932

The growth of public transport networks in the late-nineteenth and early-twentieth centuries had profound effects on commuting in the industrialized world, yet the consequences for labor markets during this important per...Read more...

Blog

LSE British Politics and Policy:

Why household income doesn't tell the full story on individual wellbeing

The literature on inequality often focuses on household income, but this measure has several limitations for assessing individual wellbeing. Tim Obermeier develops a new collective household model which simultaneously ac...Read more...

CEP discussion paper

Income inequality in the 21st century Poland

This paper combines micro-level tax data, household surveys and national accounts data to provide consistent series of income distribution in Poland over the 2000-2018 period. We find that inequalities in Poland are one ...Read more...

CEP discussion paper

Individual welfare analysis: A tale of consumption, time use and preference heterogeneity

How accurately does household income reflect the well-being of the individuals living within the household? Looking at household income does not take unequal consumption sharing within families, the value of time use (le...Read more...

CEP discussion paper

The distributional effects of trade: Theory and evidence from the United States

How much do consumption patterns matter for the impact of international trade on inequality? In neoclassical trade models, the effects of trade shocks on consumers' purchasing power are governed by the shares of imports ...Read more...

Blog

Vox EU:

New evidence on spatial wage inequality across North America and Western Europe

Spatial inequality has become a key policy concern across much of the advanced world, prompting a spate of government action on the issue in recent years. This column presents evidence showing that, contrary to the popul...Read more...

Journal article

Journal of Economic Geography:

Left-behind versus unequal places: interpersonal inequality, economic decline and the rise of populism in the USA and Europe

Economic change over the past 20 years has rendered many individuals and territories vulnerable, leading to greater interpersonal and interterritorial inequality. This rising inequality is seen as a root cause of populis...Read more...

Blog

IFS Zooms In:

Are differences between companies driving inequality and holding back growth? (podcast)

What do we mean when we talk about inequality between firms? Are inequalities between firms limiting UK business dynamism? And do governments need to step in and enforce competition rules? In this podcast episode, John V...Read more...

Blog

What Works Centre for Local Economic Growth:

What are spatial disparities?

Henry Overman explains what spatial disparities are, why we need to consider them when thinking about local economic growth policies and whether we should try to reduce them....Read more...

CEP discussion paper

Spatial wage inequality in North America and Western Europe: changes between and within local labour markets 1975-2019

The rise of economic inequalities in advanced economies has been often linked with the growth of spatial inequalities within countries, yet there is limited comparative research that studies the relationship between nati...Read more...

CEP Insights

Social mobility

How much of an individual's success depends on their own hard work and how much on what their parents do for a living? A country where children from poor families are likely to be poor as adults and elite positions in so...Read more...

CEP discussion paper

The dynamics of the 'Great Gatsby Curve' and a look at the curve during the Great Gatsby era

We use linked historical US censuses to study the empirical relationship between inequality and intergenerational mobility. We first confirm that the 'Great Gatsby Curve' already existed in the early 20th century. We the...Read more...

CEP discussion paper

Are trade wars class wars? The importance of trade-induced horizontal inequality

What is the nature of the distributional effects of trade? This paper demonstrates conceptually and empirically the importance of "trade-induced horizontal inequality," i.e., inequality brought about by trade shocks that...Read more...

CEP discussion paper

Robot adoption, worker-firm sorting and wage inequality: evidence from administrative panel data

Leveraging the geographic dimension of a large administrative panel on employer-employee contracts, we study the impact of robot adoption on wage inequality through changes in worker-firm assortativity. Using recently de...Read more...

Submission to a parliamentary inquiry and government consultation

Business, Energy and Industrial Strategy Committee - UK plc 2050 (non-inquiry session)

The session examines what policies could restore competitiveness and address the country's intractable productivity and regional inequality problems while also reaching net zero....Read more...

Journal article

Regional Studies: Forthcoming

Level best? The levelling up agenda and UK regional inequality

'Levelling up' - a policy agenda focused on reducing regional inequalities - has become the new mantra in British politics. This paper critiques the policy programme from its emergence in 2019 to the publication of the 2...Read more...

Blog

The Conversation:

Pay inequality is high in South Africa: bosses are part of the problem

South Africa is one of the most unequal countries in the world. This income inequality is mostly due to high unemployment and large differences in wages. In South Africa today, economists and policy-makers typically foc...Read more...

Journal article

Review of Income and Wealth :

The well-being cost of inflation inequalities

In terms of well-being, how costly is inflation? To answer this question, empirical evaluations have typically studied average inflation rates at the national level, thus disregarding the role of inflation inequalities w...Read more...

Blog

Vox EU:

Unequal education and the 'Great Gatsby Curve'

In modern economies, people's livelihoods are based in large part on skills acquired through education. Unequal education therefore drives both inequality in the labour market and low social mobility across generations. ...Read more...

CEP discussion paper

Defying distance? The provision of services in the digital age

Digital platforms are transforming services by making the physical distance between provider and user less relevant. I quantify the potential gains this flexibility offers in the context of digital primary care in Sweden...Read more...

Journal article

Quantitative Economics:

Income dynamics in the United Kingdom and the impact of the Covid-19 recession

In this paper, we use an employer-based survey of earnings and hours to set out the key patterns in UK earnings dynamics from 1975 to 2020, with a particular focus on the most recent recession. We demonstrate that (log) ...Read more...

Journal article

Fiscal Studies:

The gendered division of paid and domestic work under lockdown

This paper provides novel empirical evidence on the effects of the COVID-19 pandemic on the division of labour between parents of school-aged children in two-parent opposite-gender families. In line with existing evidenc...Read more...

CEP discussion paper

Who's got the power? Wage determination and its resilience in the Great Recession

Whereas wage inequality has risen markedly in most OECD countries in recent decades, it has fallen in several Southern European economies. To shed light on this phenomenon, we embed sectoral bargaining, which is common i...Read more...

Journal article

The Economic Journal:

Teacher effectiveness and classroom composition: understanding match effects in the classroom

This paper provides evidence of match effects in the teacher labour market by considering how teacher effectiveness varies by classroom composition. We combine random assignment of teachers with rich measures of teaching...Read more...

CentrePiece article

The impact of school closures on educational inequality

Nearly all schools closed at some point during the Covid-19 pandemic. Reviewing the international evidence to date on the impact of these closures, Jo Blanden, Matthias Doepke and Jan Stuhler warn that they will substant...Read more...

CentrePiece article

Stagnation nation

Even before the cost of living crisis, a toxic combination of slow growth and high inequality was threatening UK living standards, particularly for families on low and middle incomes. The Economy 2030 Inquiry is examinin...Read more...

CentrePiece article

Policies for affordable housing: options and obstacles

The crisis of housing affordability has been mounting for decades, driven by growing demand for properties in desirable areas where supply is limited. Numerous policies have been enacted across countries, but many are in...Read more...

Journal article

Oxford Review of Education : Forthcoming

Inequalities in late adolescents' educational experiences and wellbeing during the Covid-19 pandemic

While the health risks of Covid-19 for young people are low, they have borne a heavy cost of the pandemic through intense disruption to their education and social lives. These effects have not been experienced equally ac...Read more...

CEP discussion paper

Firms and inequality when unemployment is high

How important are firms for wage inequality in developing countries where structural unemployment is high? Research focused on contexts close to full employment has suggested a substantial role of firms in labor market i...Read more...

CEP discussion paper

The well-being cost of inflation inequalities

In terms of well-being, how costly is inflation? To answer this question, empirical evaluations have typically studied average inflation rates at the national level, thus disregarding the role of inflation inequalities w...Read more...

CEP discussion paper

The impact of public transportation and commuting on urban labour markets: evidence from the new survey of London life and labour, 1929-32

This paper examines the consequences of the commuter transport revolution on working-class labour markets in London, circa 1930. Using GIS-based data constructed from the New Survey of London Life and Labour, we examine ...Read more...

Journal article

Journal of Human Resources :

Workplace presenteeism, job substitutability and gender inequality

This paper explores how the parenthood wage penalty is partially explained by an increased within-couple gap in job uniqueness (i.e., the within-establishment substitutability of workers). Uniqueness is rewarded with hig...Read more...

External publication

Education Inequalities

Education is one of the most important predictors of people's life chances. Better-educated people are more likely to be in work and tend to earn more, and the influence of education does not stop there. Education shapes...Read more...

External publication

Stagnation nation: navigating a route to a fairer and more prosperous Britain

The UK has great strengths, but is over a decade into a period of stagnation. The toxic combination of slow growth and high inequality was posing challenges for low-to-middle income Britain's living standards even before...Read more...

Blog

VoxTalks Economics:

Levelling up Europe's left-behind places (podcast)

Recorded live at CEPR Paris Symposium 2022: Inequality isn't just between individuals, but between regions too. Henry Overman explains to Tim Phillips why these disparities exist, why they are so persistent, and whether ...Read more...

Blog

LSE Business Review:

Low pay and insecurity in the UK labour market

Minimum wage increases have driven down the incidence of low hourly pay, but there has been much less progress elsewhere for low earners. Low pay is widespread among the self-employed, who do not benefit from the minimum...Read more...

CEP occasional paper

Housing policy and affordable housing

Lack of affordable housing is a growing and often primary policy concern in cities around the world. The main underlying cause for the 'affordability crisis', which has been mounting for decades, is a combination of stro...Read more...

CVER Research Paper

Variation in Parenthood Wage Effect: A human capital approach

Using German Socio-Economic Panel (GSOEP) microdata this paper contributes new empirical evidence by examining the implications of motherhood and fatherhood for wages of a sample of women and men between 2005-2015. Makin...Read more...

CEP discussion paper

Education inequality

This paper provides new evidence on educational inequality and reviews the literature on the causes and consequences of unequal education. We document large achievement gaps between children from different socio-economic...Read more...

Journal article

Labour Economics:

Residential mobility and unemployment in the UK

The UK has suffered from persistent spatial differences in unemployment rates for many decades. A low responsiveness of internal migration to unemployment is often argued to be an important cause of this problem. This pa...Read more...

CEP Insights

Jobs and wages

Most working-age adults depend on earnings from jobs as their main source of income. Understanding the labour market has always been a central part of research at CEP and its predecessor the Centre for Labour Economics....Read more...

CEP Insights

Wellbeing

As societies become richer, they do not become happier. This paradox has led to a growing interest in the science of wellbeing, and how policymakers can evaluate policies in terms of what will improve wellbeing. Economis...Read more...

CEP discussion paper

Firms and inequality

In the last few decades, dramatic changes have been documented in the US business landscape. These include rising productivity and pay dispersion between firms, higher aggregate markups (of price over variable costs), gr...Read more...

External publication

Innovation and inequalities

Innovation can affect inequalities in many ways - increasing some inequalities and decreasing others. An innovation can introduce a new good, improve the quality of existing goods, or lead to new ways of doing things. It...Read more...

External publication

Firms and inequalities

There have been some dramatic changes in the business landscape in American firms over the last four decades that have been extensively documented by researchers and are the subject of much public debate (e.g. Van Reenen...Read more...

Journal article

Journal of Economic History:

The long shadow of slavery: The persistence of slave owners in southern lawmaking

This paper documents the persistence of Southern slave owners in political power after the American Civil War. Using data from Texas, we show that former slave owners made up more than half of all state legislators until...Read more...

CentrePiece article

What lottery wins reveal about the gender gap

The UK has seen a rapid increase in self-employed workers over the last two decades, but only one-third are women. Sarah Flèche and colleagues analyse data on lottery winners to show that improving women's access to capi...Read more...

Journal article

Journal of Economic Inequality : Forthcoming

Correction to: the fall in income inequality during Covid-19 in four European countries (The Journal of Economic Inequality, (2021)

The original version of this article was published online with missing legends and notes in the Figs. 1,2,3,4 and 5. ...Read more...

CEP discussion paper

Optimal minimum wages

We develop a quantitative spatial model with heterogeneous firms and a monopsonistic labour market to derive minimum wages that maximize employment or welfare. Quantifying the model for German micro regions, we find that...Read more...

Blog

VoxEU:

Fair and inclusive markets: why fostering dynamism matters

Philippe Aghion, Reda Cherif and Fuad Hasanov explain how economic dynamism is crucial for achieving inclusive growth and shared prosperity....Read more...

Journal article

Journal of Econometrics: Forthcoming

Union membership density and wages: the role of worker, firm, and job-title heterogeneity

We examine the association between union density and wages in Portugal where just 10 percent of all workers are union members but nine-tenths of them are covered by collective agreements. Using a unique dataset on worker...Read more...

Journal article

Health and Place:

Income-related health inequality in urban China (1991-2015): the role of homeownership and housing conditions

Unprecedented economic growth has been experienced over the several decades worldwide, but such rapid economic growth wasn't accompanied by equally-substantial improvement in health, especially health inequalities betwee...Read more...

CentrePiece article

Rising sea levels and the future of coastal cities

Despite the higher susceptibility to floods and a growing climate crisis, more than 10% of the world's population lives in low-elevation coastal zones - and that share is increasing. Guy Michaels and colleagues present a...Read more...

Journal article

SERIEs: Forthcoming

Work and children in Spain: challenges and opportunities for equality between men and women

Over the past decades, Spain has seen a striking convergence between women’s and men’s participation in the labour market. However, this convergence has stalled since the early 2010s. We show that women still fare worse ...Read more...

CEP discussion paper

The donut effect of Covid-19 on cities

Using data from the US Postal Service and Zillow, we quantify the effect of Covid-19 on migration patterns and real estate markets within and across US cities. We find two key results. First, within large US cities, hous...Read more...

CEP discussion paper

This time is not so different: income dynamics during the Covid-19 recession

We use a UK employer-employee administrative earnings dataset to investigate the response of earnings and hours to business cycles. Exploiting our long panel of data from 1975 to 2020 we find wide heterogeneity in the ex...Read more...

Journal article

National Tax Journal:

How did safety-net reform affect early adulthood among adolescents from low-income families?

In the 1990s, the US safety net was substantially reformed. We ask how those reforms collectively affected early-career outcomes among youths who were teens when the reforms took effect. We consider employment, safety-ne...Read more...

Journal article

Journal of Economic Inequality:

The fall in income inequality during COVID-19 in four European countries

We here use panel data from the COME-HERE survey to track income inequality during COVID-19 in France, Germany, Italy, and Spain. Relative inequality in equivalent household disposable income among individuals changed in...Read more...

CEP Insights

Gender in the workplace

The influx of women into the workplace during the 20th century has been one of the most remarkable changes in the world of work. But in general, women are less likely to be employed than men, they are less likely to hold...Read more...

Journal article

Journal of Economic Behavior and Organization:

The importance of capital in closing the entrepreneurial gender gap: A longitudinal study of lottery wins

Would improving women's access to capital reduce the gender entrepreneurial gap? We study this issue by exploiting longitudinal data on lottery winners. Comparing between large to small winners, we find that an increase ...Read more...

Journal article

Annual Review of Economics:

Inflation Inequality: Measurement, Causes, and Policy Implications

Does inflation vary across the income distribution? This article reviews the growing literature on inflation inequality, describing recent advances and opportunities for further research in four areas. First, new price i...Read more...

Journal article

Journal of Economic Growth:

Between communism and capitalism: long-term inequality in Poland, 1892–2015

We construct the first consistent series on the long-term distribution of income in Poland by combining tax, household survey and national accounts data. We document a U-shaped evolution of inequalities from the end of t...Read more...

Book

The Power of Creative Destruction
Economic Upheaval and the Wealth of Nations

Crisis seems to follow crisis. Inequality is rising, growth is stagnant, the environment is suffering, and the Covid-19 pandemic has exposed every crack in the system. We hear more and more calls for radical change, even...Read more...

CEP discussion paper

The importance of capital in closing the entrepreneurial gender gap: a longitudinal study of lottery wins

Can capital constraints explain why there are more male than female entrepreneurs in most societies? We study this issue by exploiting longitudinal data on lottery winners. Comparing between large to small winners, we fi...Read more...

Journal article

Personality and Social Psychology Bulletin:

Inequality and Social Rank: Income Increases Buy More Life Satisfaction in More Equal Countries

How do income and income inequality combine to influence subjective well-being? We examined the relation between income and life satisfaction in different societies, and found large effects of income inequality within a ...Read more...