The relationship between global wealth and happiness: An analytical study of returns and volatility spillovers
Sign Up to like & getrecommendations! Published in 2021 at "Borsa Istanbul Review"
DOI: 10.1016/j.bir.2021.04.006
Abstract: Abstract This paper explores the relationship between global wealth and happiness. We employ a bivariate generalized autoregressive conditional heteroskedasticity framework for global wealth and happiness represented, respectively, by FTSE All-World and Twitter’s Daily Happiness Sentiment… read more here.
Keywords: global wealth; wealth; happiness; volatility ... See more keywords
Does a global wealth tax reduce inequality? When Piketty meets Mankiw
Sign Up to like & getrecommendations! Published in 2020 at "Research in Economics"
DOI: 10.1016/j.rie.2020.02.004
Abstract: Abstract We investigate the effects of a wealth tax on consumption and wealth inequality in a standard small open economy model featuring labour income heterogeneity. We show that consumption inequality and wealth inequality are identical… read more here.
Keywords: wealth tax; global wealth; wealth; tax reduce ... See more keywords