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well-being is much less investigated. It is argued that the concept of well-being inequality cannot be properly defined … concept of inequality in happiness or SWB. …
Persistent link: https://www.econbiz.de/10008642566
consumption-pattern based inequality index that summarizes the projection of inequality through expenditure patterns. Estimation …
Persistent link: https://www.econbiz.de/10005144560
Expectations and information about the growth of GDP per capita have a large influence on decisions made by private and public economic agents. It will be argued here that GDP (per capita) is far from a robust indicator of social welfare, and that its use as such must be regarded as a serious...
Persistent link: https://www.econbiz.de/10005137102
general-equilibrium mapping from tariffs to household inequality measures. This also yields predictions for linkages between … tariffs, development level, and observed household inequality. Working with a new dataset, we then examine crosscountry … variation in inequality with respect to import protection. Results are consistent with predictions of the factor-intensity model …
Persistent link: https://www.econbiz.de/10005137134
In this paper, the concept of Income Satisfaction Inequality is operationalized on the basis of individual responses to … analogue of the objective income concept and includes objective income inequality as a special case. The paper introduces a … method to decompose Income Satisfaction Inequality according to the contributions from variables such as income, education …
Persistent link: https://www.econbiz.de/10005137346
We study a mixed hitting-time (MHT) model that specifies durations as the first time a Lévy process— a continuous-time process with stationary and independent increments— crosses a heterogeneous threshold. Such models are of substantial interest because they can be reduced from...
Persistent link: https://www.econbiz.de/10004987437
panel data from the European Community Household Panel surveys. We use pooled interval regressions and inequality … income inequality and modest increases in income-related health inequality in the majority of countries. Keywords: income … inequality, health inequality, income elasticity of health, Europe. Classification-JEL: D30, D31, I10, I12. …
Persistent link: https://www.econbiz.de/10005209511
While there is no doubt that health is strongly correlated with education, whether schooling exerts a causal impact on health is not yet firmly established. We exploit Dutch compulsory schooling laws in a Regression Discontinuity Design applied to linked data from health surveys, tax files and...
Persistent link: https://www.econbiz.de/10005016254
social welfare into real income level and variance components through Gini and Atkinson indexes. We embed these inequality …-adjusted social welfare functions in a general equilibrium structure mapping from tariff protection to household inequality. This … yields predictions regarding the linkages between trade protection, country characteristics and inequality in Heckscher …
Persistent link: https://www.econbiz.de/10005144496
There are two important reasons for consumers to spend gift certificates differently than gifts in cash or non-gift income: a) they are forced to change their shopping pattern because of the conditions imposed by the issuer of the certificates, or b) they purposely separate gift certificates...
Persistent link: https://www.econbiz.de/10009391879