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-2006. While there has been no increase in aggregate happiness, inequality in happiness has fallen substantially since the 1970s … happiness by education have widened substantially. We develop an integrated approach to measuring inequality and decomposing … changes in the distribution of happiness, finding a pervasive decline in within-group inequality during the 1970s and 1980s …
Persistent link: https://www.econbiz.de/10012464427
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We outline a procedure for combining six cross-sections of the German Sample Survey of Income and Expenditure, and discuss potential pitfalls of such a venture. Particularly, we investigate the consequences of a major break in the survey design for inter-temporal comparisons of expenditure...
Persistent link: https://www.econbiz.de/10003952561
inequality. We tentatively link differences in asset holding patterns across countries to differences in institutions, such as …
Persistent link: https://www.econbiz.de/10010384151
From an economic perspective, imposing a credible one-off net wealth levy in crisis times as a tool to ward off a national emergency appears to be advantageous as, in an ideal world, this would not distort market players’ allocation decisions. However, in practice, charging such a levy may...
Persistent link: https://www.econbiz.de/10010433439
In the Solidarity game lucky winners of a lottery can transfer part of their income to unlucky losers. Will losers get smaller transfers if they can be assumed to be responsible for their zero income because they have chosen riskier lotteries? Or will risk-lovers and riskaverters favor those who...
Persistent link: https://www.econbiz.de/10009782666
Poverty trap models are dynamical systems with more than one attractor. Similar dynamical systems arise in optimal growth and macroeconomic models. These systems are often studied empirically by ad hoc methods relying on intuition from deterministic systems, such as looking for multiple peaks in...
Persistent link: https://www.econbiz.de/10012179189
-post employment outcomes. Finally, believing that one earns more than peers causally leads to large positive effects on happiness …
Persistent link: https://www.econbiz.de/10014486199
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