the Panel Study of Income Dynamics from 1999 to 2009 for black, white, and inter-racial couples. We consider the …

from money to happiness. I use industry wage differentials as instruments for income. This is based on the idea that at …There is a well-established positive correlation between life-satisfaction measures and income in individual level … estimates suggesting that most of the association of income and well-being is causal …

This paper estimates the extent of intergenerational income mobility in Japan among sons and daughters born between … Japanese Social Stratification and Mobility (SSM) surveys, collected between 1965 and 2005. Father's income is predicted on the … intergenerational income elasticity (IGE) for both sons and daughters, in Japan lies around .35, which is an intermediate value, by …

The goal of this study is to examine trends in the importance of family background in determining adult income in … Sweden. We investigate whether the association between family background and income in Sweden has changed for cohorts born … 1932-1968. Our main finding is that the share of the variance in long-run income that is attributable to family background …

the compensating income variation of social capital. We find differences in social capital when we differentiate according … income generally has a statistically significant effect. We find a significant effect of social capital on life satisfaction …. Consequently, the compensating income variation of social capital is substantial …

One of the famous questions in social science is whether money makes people happy. We offer new evidence by using …

marginal utility of income. This paper suggests that we have not. It draws a distinction between concavity of the utility …