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Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood … affect per capita incomes, which has repercussions for the income distribution even if wages remain constant. The aim of this …
Persistent link: https://www.econbiz.de/10013136651
It is argued that the concept of well–being inequality cannot be properly defined without taking the referencing process into account. The reference effect depends on how frequently individuals compare with others and on the degree of social transparency in society. In this paper we employ the...
Persistent link: https://www.econbiz.de/10013316230
Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood … affect per capita incomes, which has repercussions for the income distribution even if wages remain constant. The aim of this …
Persistent link: https://www.econbiz.de/10008727303
How do sudden, large wealth losses affect mental health? Most prior studies of the causal effects of material well …-being on health use identification strategies involving income increases; these studies as well as prior research on stock … market accumulations may not inform this question if the effect of wealth on health is asymmetric. We use exogenous variation …
Persistent link: https://www.econbiz.de/10010877960
The public health care systems in the Nordic countries provide high quality care almost free of charge to all citizens …. However, social inequalities in health persist. Previous research has, for example, documented substantial educational …
Persistent link: https://www.econbiz.de/10010627563
This study estimates the causal effect of working hours on health. We deal with the endogeneity of working hours … on subjective and several objective health measures. The effects are mainly driven by women and parents of minor children …
Persistent link: https://www.econbiz.de/10012913278
We estimate household equivalence scales using income satisfaction data from the German Socio-Economic Panel. We extend … previous studies applying this approach by taking reference income into account. This allows separating needs-based from … reference effects in the determination of income satisfaction. We show that this adjustment helps to overcome a bias causing an …
Persistent link: https://www.econbiz.de/10012979128
for redistribution beyond self-interest. Subjects generated a high or a low income either through a lottery or through an … effort-based tournament. A sub-set of subjects could then redistribute the income of another sub-set of subjects. We find …
Persistent link: https://www.econbiz.de/10012962917
Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can have severe economic consequences, as they may cause counterproductive behavior such as rule book slowdowns or quality shading. To analyze fairness perceptions associated with...
Persistent link: https://www.econbiz.de/10013000910
This paper shows that higher levels of perceived wage inequality are associated with a weaker (stronger) belief into meritocratic (non-meritocratic) principles as being important in determining individual wages. This finding is robust to the use of an instrumental-variable estimation strategy...
Persistent link: https://www.econbiz.de/10012984497