We investigate the socio-economic determinants of mortgage delinquency in 12 EU countries and observe that income … volatility significantly increases the mortgage delinquency risk. This pattern even holds for borrowers with higher-income … profiles if volatility in income is high enough. From this result we can draw the following conclusions: i) mortgage protection …

income uncertainty and credit constraints exert a significant negative effect on the probability of homeownership. Our main …Barriers to homeownership have traditionally been an important research and policy issue. In particular, the role of … income volatility and credit constraints have been one of the main focuses in this concern. In this paper we test for the …

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 …

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. …

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 …

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 …

by testing if more satisfied people live longer. Our results clearly confirm the importance of income, education and … marriage as important factors in determining longevity. For example, a one-log point increase in real household monthly income …

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. …

market and non-market income as well as taxes and social security contributions. This income portfolio analysis is based on … have an even better relative income position than the autochthonous West German population. In general, we confirm the well … profit slightly. This is due to above average non-market income of ?pure? immigrants. However, East Germans are still much …

This paper estimates the extent of intergenerational income mobility in Japan among sons and daughters born between … Japanese Social Stratification and Mobility (SSM) surveys, collected between 1965 and 2005. Father's income is predicted on the … intergenerational income elasticity (IGE) for both sons and daughters, in Japan lies around .35, which is an intermediate value, by …