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Public debates about the rise in top income shares often focus on the growing dispersion in earnings and the soaring … own explain the rise in top income shares? Are top executives replacing capital owners in the group of top-income earners … framework and uses it for exploring the changing composition of top incomes.It illustrates that changes in top income shares can …
Persistent link: https://www.econbiz.de/10012918237
in GNP per head. At the same time, a micro literature has typically found positive correlations between individual income … presence of relative income terms in the utility function. Income may be evaluated relative to others (social comparison) or to … oneself in the past (habituation). We review the evidence on relative income from the subjective well-being literature. We …
Persistent link: https://www.econbiz.de/10013316988
inequality. Combining various income and wealth measures with different health measures, we calculate 80 health concentration …
Persistent link: https://www.econbiz.de/10013147128
This paper studies on the determinants of income and urban-rural income gap to shed light on the problem of urban …-rural income inequality in China. OLS, conditional quantile regression and Blinder-Oaxaca decomposition methods are used to analyze … essential determinants of households' income level. These two factors exert heterogeneous effects at different percentiles of …
Persistent link: https://www.econbiz.de/10013064627
The first objective of our paper is to identify the determinants of income satisfaction in Spain, with one of these … reduce individual deprivation. Our results suggest that the more unequal the income distribution is in a group, the less … income satisfied is the individual. Moreover, being unemployed is one of the main determinants of deprivation, although …
Persistent link: https://www.econbiz.de/10012777095
This study provides new evidence on top income shares in Germany from the period of industrialization to the present …. Income concentration was high in the nineteenth century, dropped sharply after World War I and during the hyperinflation … II, German top income shares returned to 1920s levels. The German pattern stands in sharp contrast to developments in …
Persistent link: https://www.econbiz.de/10012909983
results suggest there is moderate level of "stickiness" in income mobility across generations. Sons are found to be more …. There is virtually no evidence on intergenerational mobility in the context of low income countries in general and Sub …-Saharan Africa in particular. The paper thus provides valuable insights into issues of intergenerational mobility in a low income …
Persistent link: https://www.econbiz.de/10012986761
We examine how intergenerational income mobility responds to structural changes in a simple theoretical model of …
Persistent link: https://www.econbiz.de/10013077332
distribution we move, their presence has steadily increased in all top groups over the past four decades. Top income women are … opposite is true for men. Realized capital gains are more important for top income women but turn out to be of a more … transitory nature than for men. Mobility is generally higher for top income women compared to top income men but the trend since …
Persistent link: https://www.econbiz.de/10012948618
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/10012911198