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The creeping stock market collapse eroded the wealth of funded pension systems. This led to political tensions between generations due to the fuzzy definition of property rights on the pension funds wealth. We argue that this problem can best be resolved by the introduction of generational...
Persistent link: https://www.econbiz.de/10010261654
The creeping stock market collapse eroded the wealth of funded pension systems. This led to political tensions between generations due to the fuzzy definition of property rights on the pension funds wealth. We argue that this problem can best be resolved by the introduction of generational...
Persistent link: https://www.econbiz.de/10005761958
characterized by increased influence from the financial market andextreme economic events - using data from the Household Income …
Persistent link: https://www.econbiz.de/10005860764
Few researchers have examined the nature and determinants of earnings differentials amongreligious groups, and none has been undertaken in the context of conflict-prone multireligioussocieties like the one in India. We address this lacuna in the literature by examiningthe differences in the...
Persistent link: https://www.econbiz.de/10005861100
income based on income of parents... …
Persistent link: https://www.econbiz.de/10005861356
This paper examines changes in individual earnings during positive and negative growthperiods in three Latin American economies: Argentina, Mexico, and Venezuela. We askwhether those individuals who start in the best economic position are those who experiencethe largest earnings gains or the...
Persistent link: https://www.econbiz.de/10005861360
In 1958 Jacob Mincer pioneered an important approach to understand how earnings aredistributed across the population. In the years since Mincer’s seminal work, he as well as hisstudents and colleagues extended the original human capital model, reaching importantconclusions about a whole array...
Persistent link: https://www.econbiz.de/10005861361
Income is an important correlate for numerous phenomena in the social sciences. But manysurveys collect data with just … a single question covering all forms of income. This raisesissues of quality, and these are heightened when individuals … are asked about the householdtotal rather than own income alone. Data are typically banded, implying a loss of information …
Persistent link: https://www.econbiz.de/10005861373
We analyze the impact of fiscal decentralization on U.S. county population, employment, and real income growth. Our …
Persistent link: https://www.econbiz.de/10010276862
This paper models the relationship between income and reported well-being using latent class techniques applied to … strongly reject the hypothesis that individuals transform income into well-being in the same way. We show that both individual … marginal effect of income on well-being across classes will be reflected in both behaviour and preferences for redistribution. …
Persistent link: https://www.econbiz.de/10010276946