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unimodal one, the evolution of the health distribution has preceded that of income, global inequality and poverty has decreased …, global inequality and poverty would be substantially underestimated if the dependence between the income and health …We investigate the evolution of global welfare in two dimensions: income per capita and life expectancy. First, we …
Persistent link: https://www.econbiz.de/10005196304
The paper examines the appropriate domain of the Welfare State by exploring the areas in which free enterprise fails to provide adequate welfare state services. The paper outlines a simple coherent strategy for formulating government welfare state policy by identifying the relevant market...
Persistent link: https://www.econbiz.de/10005788942
-being on health use identification strategies involving income increases; these studies as well as prior research on stock …How do sudden, large wealth losses affect mental health? Most prior studies of the causal effects of material well … market accumulations may not inform this question if the effect of wealth on health is asymmetric. We use exogenous variation …
Persistent link: https://www.econbiz.de/10010877960
The effects of Regional Trade Agreements (RTAs) are disputed. In this paper, we assess these effects using capital market data and an event-study approach, using a daily data set covering a thousand announcements spanning over eighty economies and a hundred RTAs over twenty recent years. We...
Persistent link: https://www.econbiz.de/10009293663
. In US election survey data, we find that income is more important in affecting voting behavior for more informed voters … strong correlation between income and political information, Congress representatives vote more conservatively, which is also …
Persistent link: https://www.econbiz.de/10009324089
an increase in income on health expenditures. Our central estimate is an income elasticity of 0.7, with an elasticity of … unlikely to be substantial national or global general equilibrium effects of rising income on health spending, for example …Health expenditures as a share of GDP have more than tripled over the last half century. A common conjecture is that …
Persistent link: https://www.econbiz.de/10005662110
This paper presents series on top shares of income and wealth in Spain over the 20th century using personal income and … wealth tax return statistics. Top income shares are highest in the 1930s, fall sharply during the first two decades of the … Franco dictatorship, and have increased slightly since the 1960s, and especially since the mid-1990s. The top 0.01% income …
Persistent link: https://www.econbiz.de/10005667012
second stage suggest that every one percent increase in trade (relative to GDP) raises income per capita by roughly 1/3 of a …
Persistent link: https://www.econbiz.de/10005789088
cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After … and the cyclical fluctuations in income inequality. The rise in income inequality was stronger at the bottom of the … distribution. Consumption inequality increased less than disposable income inequality, and tracked the latter much more closely at …
Persistent link: https://www.econbiz.de/10008509469
In 'Happiness and the Human Development Index: The Paradox of Australia,' Blanchflower and Oswald (2005) observe an apparent puzzle: they claim that Australia ranks highly in the Human Development Index (HDI), but relatively poorly in happiness. However, when we compare their happiness data with...
Persistent link: https://www.econbiz.de/10005136466