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Race Matters : Income Shares, Income Inequality, and Income Mobility for All U.S. Races
Akee, Randall - 2017
This paper presents income shares, income inequality, and income immobility measures for all race and ethnic groups in the United States using the universe of U.S. tax returns matched at the individual level to U.S. Census race data for 2000–2014. Whites and Asians have a disproportionately...
Persistent link: https://www.econbiz.de/10012948918
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Labor Earnings Mobility and Inequality in the United States and Germany During the Growth Years of the 1980s
Burkhauser, Richard V.; Holtz-Eakin, Douglas; Rhody, … - 2021
prime age men and women in the United States and Germany during the growth years of the 1980s. Despite major differences in …-specific differences among men, while in Germany random shocks are found to persist longer for men. Women in Germany and the United States …
Persistent link: https://www.econbiz.de/10013228241
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Inequality and Happiness : Are Europeans and Americans Different?
Alesina, Alberto F.; Di Tella, Rafael; MacCulloch, Robert - 2021
US. There are two potential explanations. First, Europeans prefer more equal societies (inequality belongs in the utility …
Persistent link: https://www.econbiz.de/10013226162
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Happiness Adaptation to Income and to Status in an Individual Panel
Di Tella, Rafael - 2007
living in Germany from 1984 to 2000. Specifically, we estimate a quot;happiness equationquot; defined over several lags of …
Persistent link: https://www.econbiz.de/10012776806
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Happiness Adaptation to Income Beyond "Basic Needs"
Di Tella, Rafael; MacCulloch, Robert - 2021
We test for whether, once "basic needs" are satisfied, there is happiness adaptation to further gains in income using three data sets. Individual German Panel Data from 1985-2000, and data on the well-being of over 600,000 people in a panel of European countries from 1975-2002, shows different...
Persistent link: https://www.econbiz.de/10013237594
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"Beauty is the Promise of Happiness"?
Hamermesh, Daniel S. - 2011
We measure the impact of individuals' looks on life satisfaction/happiness. Using five data sets, from the U.S., Canada …, the U.K., and Germany, we construct beauty measures in different ways that allow placing lower bounds on the effects of … additional satisfaction/happiness among men, 0.12 among women. Accounting for a wide variety of covariates, particularly effects …
Persistent link: https://www.econbiz.de/10013121060
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Labor Market Institutions and the Distribution of Wages, 1973-1992 : A Semiparametric Approach
DiNardo, John E.; Fortin, Nicole M.; Lemieux, Thomas - 2021
This paper presents a semiparametric procedure to analyze the effects of institutional and labor market factors on recent changes in the U.S. distribution of wages. The effects of these factors are estimated by applying kernel density methods to appropriately 'reweighted' samples. The procedure...
Persistent link: https://www.econbiz.de/10013225404
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Fairness and Redistribution : U.S. Versus Europe
Alesina, Alberto F. - 2011
Different beliefs about how fair social competition is and what determines income inequality, influence the redistributive policy chosen democratically in a society. But the composition of income in the first place depends on equilibrium tax policies. If a society believes that individual effort...
Persistent link: https://www.econbiz.de/10013134300
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Credit Constraints in Education
Lochner, Lance - 2011
We review studies of the impact of credit constraints on the accumulation of human capital. Evidence suggests that credit constraints are increasingly important for schooling and other aspects of households' behavior. We highlight the importance of early childhood investments, since their...
Persistent link: https://www.econbiz.de/10013120281
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Global Inequality Dynamics : New Findings from Wid.World
Alvaredo, Facundo - 2017
This paper presents new findings on global inequality dynamics from the World Wealth and Income Database (WID.world), with particular emphasis on the contrast between the trends observed in the United States, China, France, and the United Kingdom. We observe rising top income and wealth shares...
Persistent link: https://www.econbiz.de/10012963762