process using two data sets: the Panel Study of Income Dynamics and a large, synthetic, data set that matches the dynamics of …

Income volatility and wealth volatility are central objects of investigation for the literature on income and wealth … significantly higher values than income volatility, the effect being mostly driven by changes in the market value of real estate …

Using panel data for a sample of households in Utah from 1850 to 1900 we find income and wealth age profiles that are … a relationship between age-income and age-wealth profiles that is consistent with a life-cycle model of consumption … given a concave and peaked age-income profile: households accumulate and then begin to draw down wealth holdings, the age …

facts that underlie these questions. How much richer are we today than 100 years ago, and how large are the income gaps …

We explore the relationships between subjective well-being and income, as seen across individuals within a given … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same … whether we compare individuals or countries, suggesting that absolute income plays an important role in influencing well …

height and per capita income. The relationships among income, nutrition, medical care, and height at the individual level … suggest that average height is nonlinearly related to per capita income and that the distribution of income is an important … determinant of average height. Empirical analysis rests on 56 height studies and per capita income estimates for 20 developed or …

Using data from both the Survey of Consumer Finances (SCF) and the Panel Study of Income Dynamics (PSID), we found that …

and above that of standard life cycle models; this is because higher earners typically have more hump-shaped labor income …