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Using self reported measures of life satisfaction and risk attitudes, we empirically test whether there is a relationship between individuals inequality and risk aversion. The empirical analysis uses the German SOEP household panel for the years 1997 to 2007 to conclude that the negative effect...
Persistent link: https://www.econbiz.de/10010269638
In this paper, the concept of Income Satisfaction Inequality is operationalized on the basis of individual responses to an Income Satisfaction question posed in the German Socio-Economic Panel (GSOEP). Income satisfaction is the subjective analogue of the objective income concept and includes...
Persistent link: https://www.econbiz.de/10010276942
Assessments of whose income growth is the greatest and whose is the smallest are typically based on comparisons of income changes for income groups (e.g. rich versus poor) or income values (e.g. quantiles). However, income group and quantile composition changes over time because of income...
Persistent link: https://www.econbiz.de/10010278715
persistence of transitory shocks and their implications for the persistence of poverty and income inequality. The results suggest … poor individuals stayed in poverty for two years on average. In East Germany, the contribution of the permanent component … to overall income inequality increased from 20 percent in 1990 to over 70 percent in 1998 and the persistence of poverty …
Persistent link: https://www.econbiz.de/10010262791
health and poverty in Australian families. Taking advantage of panel data, the modelling approach used in this study allows a … better estimation of the causal relationship between health and poverty. The results indicate that the causality between … health and poverty runs both ways and the relationship is confounded by unobserved heterogeneity. In particular, it is found …
Persistent link: https://www.econbiz.de/10010269658
This paper analyzes the determinants of rural poverty in India, contrasting the situation of the Scheduled Caste (SC …) and Schedule Tribe (ST) households with the non-scheduled population. The incidence of poverty among SC and ST households … in the poverty rates between the scheduled castes (or tribes) and non-scheduled households into a part explained by the …
Persistent link: https://www.econbiz.de/10010277292
role. We also find four types of poverty traps, associated with large initial household size, poor initial education, poor …
Persistent link: https://www.econbiz.de/10010261797
the causal relationships between income inequality, poverty and globalisation. Inequality is negatively correlated to … globalisation, and globalisation reduces poverty. …
Persistent link: https://www.econbiz.de/10010262026
benefit from economic growth. The linkage between growth, redistribution and poverty is also analysed. In the review of …
Persistent link: https://www.econbiz.de/10010262079
This paper studies the mental distress caused by bereavement. The largest emotional losses are from the death of a spouse; the second-worst in severity are the losses from the death of a child; the third-worst is the death of a parent. The paper explores how happiness regression equations might be...
Persistent link: https://www.econbiz.de/10010268271