Using representative income and time-use data from the German Socio-Economic Panel, we estimate non-monetary income advantages arising from home production and analyze their impact on economic inequality. As an alternative to existing measures, we propose a predicted wage approach that relaxes...

Since 2000, the individual monthly payments from the Germany Statutory Pension Insurance Scheme (GRV) to new male pensioners have been declining. Those entering retirement today receive an average of 7 percent less than those who retired ten years ago. At the same time, the number of recipients...

Most empirical distributional studies of well-being in developed countries rely on distributions of disposable income. From a theoretical point of view this practice is contentious since a household’s command over resources is determined not only by its spending power over commodities it can...