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 …

attitudes. Along with the subjects’ receptiveness to right-wing populism, we elicit their perceived relative income positions in … a representative survey of German households. We find that people with pessimistic beliefs about their income position … differences in the mechanism: Misperception triggers income dissatisfaction for both men and women, but the former are much more …

effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and … pronounced for middle-age households and those higher in the wealth and income distributions. This contrasts with income shocks …, which are stronger for younger households and those in lower income and wealth quintiles. Expectations about household …

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 …

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 … fairness principles, namely equality of opportunity and freedom from poverty, into a joint measure of unfair inequality. Two … inequality. Second, average unfair inequality doubles when complementing the ideal of an equal opportunity society with poverty …

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 …

convinced that higher growth would reduce income poverty to an acceptable margin, there appears to be little concrete policy … if that was achievable. The non-income elements of poverty, on the other hand, are more directly open to influence by … the alleviation of non-income poverty. There is a further possibility that the same institutional forces would also …

that will accrue in retirement and excluding items included in the CBO income estimates such as "corporate taxes borne by … colloquial is referred to as the "hollowing out" of the middle class. According to these estimates, the income of the middle …. Even that meager rate was achieved only through substantial transfer payments. In contrast, the income of the top 1% grew …

between economic growth and income inequity. We develop a simple model to establish that economic growth and inequality can …