The public finance literature has modeled income shifting as a decision along the intensive margin even though it … margin has crucial policy implications: the classical distinction between income creation and income shifting breaks down. We … supply elasticities, and costs of income shifting. In the most empirically plausible scenario when people who shift easily …

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 …

Using detailed tax data from the Swiss canton of Bern, I examine how changes in wealth are related to income risk. I … find that only among elderly individuals high kurtosis of income risk may be positively correlated with wealth accumulation …. Additionally, I document that a substantial share of taxpayers have negative net wealth. While wealth and income are positively …

substantial and systematic: the poorer a country, the more its income tends to be overestimated. Consequently, international … income inequality is substantially underestimated. Our methodological contribution is to exploit the analogies between PPP …

takes stock of theoretical developments, measurement efforts and of the econometric evidence. We start with a simple … theoretical framework for the relationship between structural reforms, economic growth and income inequality. We argue that … and political constraints play crucial roles in determining the effectiveness of reforms on economic growth and income …

Most equivalence scales which are applied in research on poverty and inequality do not depend on income, although there … is strong empirical evidence that equivalence scales in fact are income dependent. This paper explores the consistency of … results derived from income independent and income dependent scales. It is shown that scales of both types inevitably lead to …

It is well known that people's consumption patterns change with income. Relative price changes therefore affect rich … and poor consumers differently. Yet, the standard price indices are not income-specific and hence, the use of these mask …

Rising income inequalities are widely debated in public and academic discourse. In this paper, we contribute to this …

income-based measure of status or applying conventional inequality measurement tools to a health variable that is non …The measurement of health inequalities usually involves either estimating the concentration of health outcomes using an …

We explore the relationships between subjective well-being and income, as seen across individuals within a given … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same … whether we compare individuals or countries, suggesting that absolute income plays an important role in influencing well …