decisions and intergenerational transfers are governed by self-enforcing family constitutions. We then show that first and …

-being on health use identification strategies involving income increases; these studies as well as prior research on stock …

. 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 …

attention in the literature on optimal income taxation. This paper offers a simple and transparent analysis of its main …

We investigate the evolution of global welfare in two dimensions: income per capita and life expectancy. First, we … estimate the marginal distributions of income and life expectancy separately. More importantly, in contrast to previous … univariate approaches, we consider income and life expectancy jointly and estimate their bivariate global distribution for 137 …

The question of whether there is a connection between income and psychological well-being is a long-studied issue … higher levels of income later in life. We focus on earnings approximately one decade after the person’s well-being is … measured; we exploit the availability of sibling clusters to introduce family fixed-effects; we account for the human capacity …