We provide the first twin-based estimates of the intergenerational transmission of income between fathers and sons …. Using Swedish register data on the income of monozygotic twin fathers and their sons, we are able to control for unobserved … income elasticity of 0.276, while our twin-based intergenerational income elasticity is 0.12. This is close to the estimate …

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 …

on income. This paper provides estimates of the effects of trade and immigration on income in a unified framework. We … income per capita unaffected because of an offsetting negative effect on TFP. In contrast, trade flows appear to increase … income per capita, mainly through TFP growth, and have no impact on the employment rate. The positive employment effect of …

This paper asks what low-income countries can expect from growth in terms of happiness. It interprets the set of … available international evidence pertaining to the relationship between income growth and subjective well-being. Consistent with … the Easterlin paradox, higher income is always associated with higher happiness scores, except in one case: whether growth …

We estimate empirically the effect of immigration on house prices and residential construction activity in Spain over …