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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…
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Keywords:
global wealth;
wealth;
happiness;
volatility ... See more keywords
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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…
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Keywords:
wealth tax;
global wealth;
wealth;
tax reduce ... See more keywords