In contrast to previous results combining all ages we find positive effects of comparison income on happiness for the … income effects. In GSOEP they cancel to give no effect of effect of comparison income on life satisfaction in the whole …

with the Joneses" (KUJ), while increasing use of social media and growing inequality encourage comparison. Models with one … distribution of wages with intensive and extensive margins of labour supply, both of which are increased by comparison. The optimal … tax response increases with comparison, but, surprisingly, dominates the comparison effect and reduces individual labour …

comparison income effect. In East Germany the reference income effects are insignificant for all. With data from the British … negative effects of comparison income. However, when we split the sample by age, we find quite different results for reference … significant negative effects. -- subjective life-satisfaction ; comparison income ; reference groups ; age ; welfare …

This paper analyses the contribution of capital income to income inequality in a cross-national comparison. Using micro … SOEP for West Germany, and the PSID for the USA, a factor decomposition method described by Shorrocks (1982) is applied … contribution to overall inequality in relation to its share in disposable income. This applies to Germany and the USA in particular …