Fearing the worst: the importance of uncertainty for inequality

DOI10.1007/S00199-015-0876-9MaRDI QIDQ747350zbMATH OpenOpenAlexFDO

Authors Keith Blackburn, David Chivers

Publication date 23 October 2015

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL http://dro.dur.ac.uk/16468/1/16468.pdf

zbMATH Keywords

aspirationsinequalityloss aversionuncertainty

Mathematics Subject Classification ID

Economic growth models (91B62)

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Cites work

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• scientific article; zbMATH DE number 1281937 (Why is no real title available?)
• Human capital accumulation and output growth in a stochastic environment
• Human Capital Risk and Economic Growth
• Incentive-Compatible Debt Contracts: The One-Period Problem
• Income Distribution and Macroeconomics
• It is whether you win or lose: the importance of the overall probabilities of winning or losing in risky choice
• Myopic Loss Aversion and the Equity Premium Puzzle
• On the Concavity of the Consumption Function
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• Optimal Contracts when Enforcement is a Decision Variable
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• The Dynamics of the Wealth Distribution and the Interest Rate with Credit Rationing
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• What is loss aversion?

Cited in

(6)

• Aspirations, health and the cost of inequality
• Attitudes toward uncertainty among the poor: an experiment in rural Ethiopia
• The effect of better information on income inequality
• Consumption Inequality and Income Uncertainty
• Aspirations and inequality
• Policy uncertainty and income distribution: Asymmetric evidence from state‐level data in the United States

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