Showing 1 - 10 of 99
This paper explores whether more generous social spending polices in fact lead to less income inequality, or if … with regard to inequality levels, I apply the System GMM estimator and use the presumably random incidence of certain … reduces inequality levels. The result is robust with respect to the instrument count and different data restrictions. Looking …
Persistent link: https://www.econbiz.de/10008740509
We study the effect of real versus nominal income on life satisfaction. According to economic theory real income, i.e., nominal income adjusted for purchasing power, should be the relevant source of life satisfaction. Previous work, however, has only studied the impact of nominal income. We use...
Persistent link: https://www.econbiz.de/10011129006
Based on data from the German Socio-Economic Panel (SOEP), both income inequality and poverty are considered for … the crisis - in 2009 - inequality dropped, and it increased afterwards. Poverty was not affected very much by economic …
Persistent link: https://www.econbiz.de/10011128947
macroeconomics and income inequality on the other hand. For this purpose, several estimation equations are derived by econometric … unemployment rates. While the measured income inequality is upwards directly (exogenously) driven by demographic ageing, the … correlated with income inequality, and regarding economic growth a (slightly) concave effect upon income inequality has been …
Persistent link: https://www.econbiz.de/10011128974
The present study calculates variable, cross-sectional as well as longitudinal equivalence scales on the basis of the German 1984-2010 Socio-Economic Panel (SOEP) database for West Germany. It follows the "individual variant" for calculating subjective equivalence scales using "life...
Persistent link: https://www.econbiz.de/10011185783
Economic disruption in East Germany at the time of unification resulted in a noticeable drop in life satisfaction. By the late 1990s East Germany's life satisfaction had recovered to about its 1990 level, and its shortfall relative to West Germany was slightly less than that before unification....
Persistent link: https://www.econbiz.de/10005069133
Previous estimates of unfair inequality of opportunity (IOp) are only lower bounds because of the unobservability of …
Persistent link: https://www.econbiz.de/10009277156
In Germany, inequality of net equivalized income increased noticeably in the first half of the new millennium. We aim … to identify the main drivers of this rise in income inequality since the early 1990s. We provide a broad overview of the … circumstances under which inequality evolved, i.e. which changes in the German economy are most likely to provide an explanation for …
Persistent link: https://www.econbiz.de/10010896223
We examine the interplay between changes in the functional distribution of income and the distribution of market income among households. We use micro data from the German Socio-Economic Panel as well as macro data from the German Federal Statistical Office from 2002 to 2008. We categorize and...
Persistent link: https://www.econbiz.de/10010564002
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced … declare low and high levels of happiness. Rising income inequality moderates the fall in happiness inequality, and may even … the happiness of all, it will at least harmonize the happiness of all, providing that income inequality does not grow too …
Persistent link: https://www.econbiz.de/10010565839