demonstrated diminishing marginal utility of income. I show not, and that knowing r(.)’s curvature is crucial. A quasi …

marginal utility of income. This paper suggests that we have not. It draws a distinction between concavity of the utility …

One of the famous questions in social science is whether money makes people happy. We offer new evidence by using …

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 …

voting is driven partly by human self-interest. Money apparently makes people more right-wing. …

This paper estimates the extent of intergenerational income mobility in Japan among sons and daughters born between … Japanese Social Stratification and Mobility (SSM) surveys, collected between 1965 and 2005. Father's income is predicted on the … intergenerational income elasticity (IGE) for both sons and daughters, in Japan lies around .35, which is an intermediate value, by …

risk factors in determining children’s exposure to passive smoke. Accounting for the potential measurement error in … factors, the shadow price or income-equivalence of such exposure is £16,000 (US$30,000) per year. A further policy … income and child health. …

, individuals adjust the range of fair shares after playing the game for real money compared with their initial statement. Third …