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 …

affect per capita incomes, which has repercussions for the income distribution even if wages remain constant. The aim of this … inequality was indeed more due to changes of household structure and employment behavior rather than changes in wages. Moreover …Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood …

Finances. The household-level data allow us to study the joint distributions of household income and wealth since 1949. We … shift the wealth distribution because the composition and leverage of household portfolios differ systematically along the … income and wealth distribution over extended periods. The historical data also reveal that no progress has been made in …

, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of …

differ in their productivities. Wages are dispersed because of search frictions and workers' productivity differentials. The …

main findings are that: (1) Leisure and household income are the most important variables in the utility function of the … time to different activities. In order to do so, we empirically estimate a collective household labor supply model. The … male. (2) Leisure, total household production and total household production interacted with family size are important …

has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the … wage and employment structure? Can it contribute shaping the dynamics of wealth-to-income ratio? To answer these questions …s reproduces a non-negligible part of US wage polarization and substantial part of the increase in the wealth-to-income …