income lost. Female and younger recipients, as well as those with more subjectively defined disabilities, were able to …

percent of mean income. In this paper we use economic theory to determine the relation between the appropriate make …Courts typically base compensation for loss of income in personal injury cases on either mean or median work income …. Yet, quantatively, mean and median incomes are typically very different. For example, in the US median income is 65 …

frictions that allows us to distinguish between different sources of risk and to estimate their effects. The sources of risk are … heterogeneity. Our model allows for four main social insurance programmes. In contrast to simpler models that attribute all income …. Estimates of productivity risk, once we control for employment risk and for individual labour supply choices, are substantially …

households. Using recent data from the Panel Study of Income Dynamics, we reject full and no commitment, while we find strong …

of couples' commuting, wages, labor supply, and consumption. Using data from the PSID for the years 2011-2019, results … indicate a positive and highly significant correlation between wages and commuting when analyzed cross-sectionally. However …, changes in wages and commuting over an individual's life cycle are not related. Additionally, commuting appears to be …

unearned wages (as women drop out of the labor market), loss of human capital, and selection into more child …

There is much evidence that relative income concern reduces subjective wellbeing and raises labour supply - "keeping up … distribution of wages with intensive and extensive margins of labour supply, both of which are increased by comparison. The optimal …