Showing 1 - 10 of 10
This paper documents the magnitude, pattern, and evolution of lifetime earnings inequality in Germany. Based on a large …. Earnings data for thirty-one cohorts reveals striking evidence of a secular rise of intra-generational inequality in lifetime … earnings: West-German men born in the early 1960s are likely to experience about 80 % more lifetime inequality than their …
Persistent link: https://www.econbiz.de/10009327816
Two conversion schemes are usually employed for assessing personal-income inequality from household equivalent incomes … country inequality rankings to conversion schemes and explain the finding by means of inequality decomposition. A bootstrap …
Persistent link: https://www.econbiz.de/10008682910
This paper applies semiparametric regression models using penalized splines to investigate the profile of well-being over the life span. Splines have the advantage that they do not require a priori assumptions about the form of the curve. Using data from the British Household Panel Survey (BHPS)...
Persistent link: https://www.econbiz.de/10005068814
. Similarly, indices of social exclusion and sometimes indices of income inequality require detection of thresholds. The …
Persistent link: https://www.econbiz.de/10004963668
In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income satisfaction will be developed. In contrast to other subjective approaches, the present one benefits from the fact that no direct cardinal individual welfare function has to be...
Persistent link: https://www.econbiz.de/10004963911
This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...
Persistent link: https://www.econbiz.de/10004963914
distributions by absolute target shortfall indices are explored. Well-known inequality indices like the absolute Gini index and the …
Persistent link: https://www.econbiz.de/10004963964
We link life-satisfaction data to inequality of the pre- and post-government income distribution at the regional level …, to estimate the degree of inequality aversion. Three different inequality measures are used. In addition, we investigate … whether a reduction in inequality by the state increases individual well-being. We find only weak evidence that Germans are …
Persistent link: https://www.econbiz.de/10005068871
We link life-satisfaction data to inequality of the pre-government income distribution at the regional level, to … estimate the degree of inequality aversion. In addition, we investigate whether a reduction in inequality by the state … increases individual well-being. We find that Germans are inequality averse over the entire income distribution. However …
Persistent link: https://www.econbiz.de/10005068998
This paper explores the relationship between two well-established con-cepts of measuring individual well-being: the concept of happiness, i.e. self-reported level of satisfaction with income and life, and relative deprivation/satisfaction, i.e. the gaps between the individual's income and the...
Persistent link: https://www.econbiz.de/10005069080