Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/58702
Authors: 
Ritzen, Jo
Zimmermann, Klaus F.
Year of Publication: 
2012
Series/Report no.: 
Discussion Paper series, Forschungsinstitut zur Zukunft der Arbeit 6340
Abstract: 
A substantial literature claims that the strong increase in inequality over the last decade in countries such as the US would lead to a collapse of society. Fading hopes in the population seem to confirm this. The paper rejects this interpretation since the decline in hopes cannot be traced back to rising inequality.
Subjects: 
confidence
ethnicity
hope
human capital
income inequality
JEL: 
D31
J15
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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