Showing 1 - 10 of 346
. Using a novel dataset from the emerging economy of Kazakhstan we find that internal migrants earn an income and status …
Persistent link: https://www.econbiz.de/10013082141
In spite of its predominant economic weight in developing countries, little is known about the informal sector earnings structure compared to that of the formal sector. Taking advantage of the VHLSS dataset in Vietnam, in particular its three wave panel data (2002, 2004, 2006), we assess the...
Persistent link: https://www.econbiz.de/10013087864
are in much worse health than those at the top. This health gradient exists whether education, income, or financial wealth …, feedbacks from new health events to household income are one of the reasons that underlie the strength of the income gradient …
Persistent link: https://www.econbiz.de/10013317254
This paper considers the effect of status or relative income on work effort combining experimental evidence from a gift …. The individual's rank in the income distribution is a stronger determinant of effort than others' average income …: those who received higher income offers or had higher income rank in the past exert lower levels of effort for a given …
Persistent link: https://www.econbiz.de/10013317559
The correlation in economic status among siblings is a useful "omnibus measure" of the overall impact of family and community factors on adult economic status. In this study we compare brother correlations in long-run (permanent) earnings between the United States, on one hand, and the Nordic...
Persistent link: https://www.econbiz.de/10013321281
income for example), many of the pathways through which these outcomes are transmitted are not as well understood. We address …
Persistent link: https://www.econbiz.de/10013126917
Can people remember correctly their past well-being? We study three national surveys of the British, German and French population, where more than 50,000 European citizens were asked questions about their current and past life satisfaction. We uncover systematic biases in recalled subjective...
Persistent link: https://www.econbiz.de/10012835880
In models with complete markets, targeting core inflation enables monetary policy to maximize welfare by replicating the flexible price equilibrium. In this paper, we develop a two-sector two-good closed economy new Keynesian model to study the optimal choice of price index in markets with...
Persistent link: https://www.econbiz.de/10013139035
Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in … about well-being, we find no support for this claim. The relationship between well-being and income is roughly linear …
Persistent link: https://www.econbiz.de/10013082755
This paper offers a new argument for why a more aggressive enforcement of minor offenses ('zero-tolerance') may yield a double dividend in that it reduces both minor offenses and more severe crime. We develop a model of criminal subcultures in which people gain social status among their peers...
Persistent link: https://www.econbiz.de/10013129937