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attitudes towards the income distribution in a society: the normative and the comparative view. The first can be thought of as …We review the survey and experimental findings in the literature on attitudes to income inequality. We interpret the … the individual's disinterested evaluation of income inequality; on the contrary, the second view reflects self …
Persistent link: https://www.econbiz.de/10011105408
The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10009294836
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 …
Persistent link: https://www.econbiz.de/10009323385
after the introduction of sulfa experienced increases in schooling, income, and the probability of employment, and …
Persistent link: https://www.econbiz.de/10009353611
in GNP per head. At the same time, a micro literature has typically found positive correlations between individual income … presence of relative income terms in the utility function. Income may be evaluated relative to others (social comparison) or to … oneself in the past (habituation). We review the evidence on relative income from the subjective well-being literature. We …
Persistent link: https://www.econbiz.de/10005763569
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 …
Persistent link: https://www.econbiz.de/10008480920
This paper investigates the sensitivity of the intergenerational transmission of health to exogenous changes in income … maternal health by (relative) height. We find that improvements in maternal education, income and public health provision that …
Persistent link: https://www.econbiz.de/10004976885
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 …
Persistent link: https://www.econbiz.de/10008922963
income, indicating the size of survival gains from redistribution in favour of households below the poverty line. The poverty … elasticity declines over time after 1981. It is invariant to controlling for income inequality but diminished upon controlling …
Persistent link: https://www.econbiz.de/10008765232
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 …
Persistent link: https://www.econbiz.de/10008876568