of father’s income on child income. We find a strong association between the incomes of fathers and children. The causal … individual incomes. When examining joint income with their partners, the results are more aligned, indicating that assortative … mating plays a key role in intergenerational income transmission, particularly for daughters. …

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 …

Ownership of small businesses can facilitate upward mobility through the income hierarchy and help individuals maintain … a place at the higher end of the income distribution hierarchy. This paper compares the positional stability of owners … faces definitional challenges. For instance, the Norwegian dual income tax system encourages owners of small businesses to …

. In US election survey data, we find that income is more important in affecting voting behavior for more informed voters … strong correlation between income and political information, Congress representatives vote more conservatively, which is also … in line with our theory. -- redistribution ; welfare spending ; information ; income ; voting ; political economics …

This note provides evidence for the relationship between income comparisons and subjective well-being (SWB), using … novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find … for other reference groups, such as neighbours. Work-related income comparisons are mostly upwards and there is a strong …