Showing 1 - 10 of 13
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
. Yet there is no gap in average disposable income between the two ethnic groups and poverty rates are very similar. This … paradox is due to members of Hui households earning more income outside the farm than members of Han households. Particularly … young male Hui living in poor villages have a remarkably high likelihood of migrating, thereby bringing home income to their …
Persistent link: https://www.econbiz.de/10010884335
north- and particularly the southwest. Low village income results in long-distance migration for many ethnic minorities, but …
Persistent link: https://www.econbiz.de/10005233816
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
of the urban population in work-active ages and use data from the Chinese Income Project (CHIP) covering eastern, central … being employed as a worker of high rank. There is relatively little income inequality among workers of high rank as well as … among workers of middle rank. Mean income and household wealth per capita of highly-ranked workers developed more favorably …
Persistent link: https://www.econbiz.de/10005822171
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
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
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