Showing 1 - 10 of 12
-employed (those whose parents were not self-employed) are more satisfied overall than are the second-generation self-employed. We … their parents, as well as parental transfers which loosen the self-employment participation constraint. This result is found …
Persistent link: https://www.econbiz.de/10005763614
We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the evaluation of economic development paths. The concern for rights is captured by a pre-ordering over combinations of thresholds (floors or ceilings on various quantitative...
Persistent link: https://www.econbiz.de/10009651182
. Yet there is no gap in average disposable income between the two ethnic groups and poverty rates are very similar. This … paradox is due to members of Hui households earning more income outside the farm than members of Han households. Particularly … young male Hui living in poor villages have a remarkably high likelihood of migrating, thereby bringing home income to their …
Persistent link: https://www.econbiz.de/10010884335
north- and particularly the southwest. Low village income results in long-distance migration for many ethnic minorities, but …
Persistent link: https://www.econbiz.de/10005233816
The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10009294836
Given its significance in practice, piecewise linear taxation has received relatively little attention in the literature. This paper offers a simple and transparent analysis of its main characteristics. We fully characterize optimal tax parameters for the cases in which budget sets are convex...
Persistent link: https://www.econbiz.de/10009325435
of the urban population in work-active ages and use data from the Chinese Income Project (CHIP) covering eastern, central … being employed as a worker of high rank. There is relatively little income inequality among workers of high rank as well as … among workers of middle rank. Mean income and household wealth per capita of highly-ranked workers developed more favorably …
Persistent link: https://www.econbiz.de/10005822171
in GNP per head. At the same time, a micro literature has typically found positive correlations between individual income … presence of relative income terms in the utility function. Income may be evaluated relative to others (social comparison) or to … oneself in the past (habituation). We review the evidence on relative income from the subjective well-being literature. We …
Persistent link: https://www.econbiz.de/10005763569
We use British panel data to determine the exogenous impact of income on a number of individual health outcomes … allow us to make causal statements regarding the effect of income on health, as the amount won by winners is largely … exogenous. Positive income shocks have no significant effect on general health, but a large positive effect on mental health …
Persistent link: https://www.econbiz.de/10008480920
attention in the literature on optimal income taxation. This paper offers a simple and transparent analysis of its main …
Persistent link: https://www.econbiz.de/10005181304