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Monitoring Survey (RLMS) for 1994-2005. We analyze cross-sectional income and consumption inequality and find that inequality … decreased during the 2000-2005 economic recovery. The decrease appears to be driven by falling volatility of transitory income … shocks. The response of consumption to permanent and transitory income shocks becomes weaker later in the sample, consistent …
Persistent link: https://www.econbiz.de/10010269374
In Germany, two observations can be made over the past 20 years: First, income inequality has been constantly … increasing while, second, the average household size has been declining dramatically. The analysis of income distribution relies … in income distribution. In order to do so, we are using a decomposition of changes in inequality measures over time …
Persistent link: https://www.econbiz.de/10010269667
This paper asks how income distribution affects individual well-being and tries to explore the idea that this relation … and reference income (defined as the income of one's professional peers), and hinges on the micro-econometric analysis of …
Persistent link: https://www.econbiz.de/10010267358
. Unhealthy eating intergenerational transmission appears to be more intense amongst lower household income individuals. …
Persistent link: https://www.econbiz.de/10010268566
for fluctuations in income and out-of-pocket medical expenses, as well as financial wealth sufficient to buffer against …
Persistent link: https://www.econbiz.de/10010289981
The accepted view among psychologists and economists alike is that household income has statistically significant but … only small effects on measures of subjective well-being. Income, however, is clearly an imperfect measure of the economic … circumstances of households. Using data drawn from the 2001 and 2002 waves of the Household, Income and Labour Dynamics in Australia …
Persistent link: https://www.econbiz.de/10010261799
determinants of health. If how parents perceive health questions differs by income or education level, then estimates of the … the different reports for the estimated income gradient. We find that respondents frequently evaluate children differently … and while the sign of the income gradient is in the same direction across respondents, systematic differences in …
Persistent link: https://www.econbiz.de/10010269821
We explore the adoption data approach to estimating causal effects of parental education and income on the same … mother?s or father?s education raises children?s education by about 0.1 year. Our estimated income elasticities are around 0.1. …
Persistent link: https://www.econbiz.de/10010261944
with household income. The paper uses household economic panel data from five countries – Australia, Britain, Germany … countries wealth affects life satisfaction more than income. In the countries for which consumption data are available (Britain … and Hungary), non-durable consumption expenditures also prove at least as important to happiness as income. Further …
Persistent link: https://www.econbiz.de/10010261968
A vast literature has established a strong positive association of income with health status and a negative association … with mortality. This paper studies the effects of income on health and mortality, using only the part of income variation … that is due to a truly exogenous factor: the monetary lottery prizes of individuals. The findings are that higher income …
Persistent link: https://www.econbiz.de/10010262805