Showing 1 - 6 of 6
Empirical analyses of economic inequality, poverty, and mobility in Germany are, to an increas-ing extent, using microdata from the German Federal Statistical Office's contribution to the European Union Statistics on Income and Living Conditions (EU-SILC) as well as data from the German...
Persistent link: https://www.econbiz.de/10008824473
In this paper we propose different criteria to rank income distributions according to equality of opportunity. Different from existing ones, our criteria explicitly recognize the interplay between circumstances and effort. We characterize them axiomatically and we compare them with existing...
Persistent link: https://www.econbiz.de/10011376911
Using kernel density estimation we find that over their 1990s business cycles the entire distribution of after-tax (disposable) income moved to the right in the United States and Great Britain while inequality declined. In contrast, Germany and Japan experienced less growth, a rise in inequality...
Persistent link: https://www.econbiz.de/10011630079
Neither market income nor consumption expenditure provides an adequate picture of individual standard of living. It is time which enables and restricts individual activities and is a further brick to a more comprehensive picture of individual well-being. In our study we focus on a prominent part...
Persistent link: https://www.econbiz.de/10011975532
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an addition to the Easterlin paradox, which states that...
Persistent link: https://www.econbiz.de/10009578752
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality has dropped in countries that have experienced income growth (but not in those that did not). Modern growth has reduced the share of both the "very unhappy" and the "perfectly...
Persistent link: https://www.econbiz.de/10010252825