We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades …. Combining personal income tax and social security data allows us - for the first time - to offer a complete picture of the … German labor market and increasing labor supply. In the second part of the paper, we study the distribution of total income …

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. …

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

capital and labor incomes. This paper documents and explains changes in income volatility. Using a theoretical framework which … idiosyncratic component of income volatility has hardly changed over time. Third, crosssectional heterogeneity in the evolution of … volatile in relative terms. Fourth, income volatility is related to variables measuring the bargaining power of workers. Trade …

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 …

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 …

Labour income follows a deterministic growth trend and fluctuates between two values. Interest rates are drawn …

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 …

The traditional criticism notwithstanding, we show that social mobility can, in principle, explain political income …