[…] sacrifice more common. Self-perception of a green lifestyle was linked to higher life satisfaction, irrespective of concrete action. Bad conscience about not being green enough decreased life satisfaction, but the impact could be mitigated by having a self-perceived green lifestyle. Value-action gap for green behaviour depends on costs of green behaviour but also green preferences.

[…] and wealth transfers. Second, we evaluate redistributive effects of tax-benefit systems against the joint income-wealth distribution instead of income only. We show that expressing living standards in terms of both income and wealth results in considerable reranking of individuals, which in turn leads to a lower redistributive impact of tax-benefit systems than is traditionally considered.

[…] and wealth transfers. Second, we evaluate redistributive effects of tax-benefit systems against the joint income-wealth distribution instead of income only. We show that expressing living standards in terms of both income and wealth results in considerable reranking of individuals, which in turn leads to a lower redistributive impact of tax-benefit systems than is traditionally considered.

Tax-benefit microsimulation models are typically used to assess the impact of policy changes on the income distribution based on micro data representative of the population. Such analysis assesses the effects of tax-benefit policies by considering their interaction effects and the population structure, which are both important elements for an overall assessment of complex realities. […]

Through our wellbeing research, Age UK has attempted to find out what makes later life worth living. Our new report explores the striking impact of creative and cultural activities.