for income comparisons eliminates the gap between equivalence scale parameters for adults and children found in other …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 …

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 …

Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood … as an increase in inequality of wages due to changes in bargaining power of employees. However, the role of changing … affect per capita incomes, which has repercussions for the income distribution even if wages remain constant. The aim of this …

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 …

Finances. The household-level data allow us to study the joint distributions of household income and wealth since 1949. We … wealth inequality, all else equal. Stock market booms primarily boost the wealth of households at the top of the distribution … income and wealth distribution over extended periods. The historical data also reveal that no progress has been made in …

for children's development. We examine this hypothesis by analyzing the short-and long-run effects on children's health … and education of a specific shock: housing damages caused by a super typhoon. Our results reveal negative effects on … children's education - not, however, on health. The effects on children's education aggravate over time. Empirical evidence …

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 …

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 …

We estimate and decompose family income-related inequality in child health in the US and analyze its dynamics using the … income-related child health inequality remains stable from early childhood into adolescence. The main factor underlying … income-related child health inequality is family income itself, although other factors, such as maternal education, also play …