Showing 1 - 10 of 1,278
This paper explores the association between income and stated views on minimum living standards; that is, views on … representative survey, we find the rich are less empathetic. In our baseline model, people at the bottom of the income distribution … report 10% more items as essential than do people at the top of the income distribution. The negative relationship between …
Persistent link: https://www.econbiz.de/10012604403
John Stuart Mill claimed that "men do not desire merely to be rich, but richer than other men." Do people desire to be richer than others? Or is it that people desire favorable comparisons to others more generally, and being richer is merely a proxy for this ineffable relativity? We conduct an...
Persistent link: https://www.econbiz.de/10011902869
While there is mounting evidence that large income shocks, e.g. in the form of a job loss, may impact health and … mortality, little evidence exist on the potential relationship between sustained income volatility, keeping average lifetime … income constant, and health. This paper exploits rich survey data on the near-elderly in Canada paired with their …
Persistent link: https://www.econbiz.de/10012140432
Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over … from lowest to highest LS, though their average income was always higher. In spite of rapid income growth up to 2008 …/09, the less educated showed no rise in LS, while highly educated LS rose after the crash despite declining real income. In …
Persistent link: https://www.econbiz.de/10011770417
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 …
Persistent link: https://www.econbiz.de/10013431416
U.S. income inequality has risen dramatically in recent decades. Researchers consistently find that greater income … SWB data from the U.S. Gallup Healthways Well-Being Index and income inequality data from the American Community Survey …-dependent and measure-dependent: income inequality is SWB-diminishing in large regions for all measures, SWB-diminishing in small …
Persistent link: https://www.econbiz.de/10011526744
, estimates based on the Bank of Italy's Survey of Household Income and Wealth reveal a surprising stability of income … distributive changes across socio-economic groups which have cancelled out at the aggregate level; higher income mobility not …
Persistent link: https://www.econbiz.de/10002693286
When comparing economic well-being using income or expenditures, an equivalence scale is often used to adjust for … differences in characteristics that affect needs. For example, a family of two is assumed to need more income than a single person …
Persistent link: https://www.econbiz.de/10012213964
. These results suggest that medical innovations substantially reduce the burden of welfare costs yet produce income …
Persistent link: https://www.econbiz.de/10014290366
A large literature has documented a significant increase in the return to college over the past 30 years. This increase is typically measured using nominal wages. I show that from 1980 to 2000, college graduates have increasingly concentrated in metropolitan areas that are characterized by a...
Persistent link: https://www.econbiz.de/10003758957