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 …

with ten to forty years of observations from the Panel Survey of Income Dynamics. We find that neither is strongly …

We examine the determinants of income mobility and inequality in a Ramsey model with elastic labor supply and … rate reduce capital income inequality and allow upward mobility of the ability-rich. However, the increase in the labor … result, high mobility can be associated with an increase or a decrease in overall income inequality …

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 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 …

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 …

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

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 …

income inequality are negatively correlated with relative regional social mobility. In the model, segregation is driven by …, whereas regional income inequality also depends on the magnitude of the productivity gap of low-skilled relative to high …-skilled workers. A larger productivity gap does not affect segregation, but causes higher income inequality and lower relative …