Showing 1 - 10 of 29
In Sen's Capability Approach (CA) well-being can be defined as the freedom of choice to achieve the things in life which one has reason to value most for his or her personal life. Capabilities are in Sen's vocabulary therefore the real freedoms people have or the opportunities available to them....
Persistent link: https://www.econbiz.de/10011601027
This paper employs a multidimensional approach for the measurement of well-being at the top of the distribution using German SOEP micro data. Besides income as traditional indicator for material well-being, we include health as a proxy for nonmaterial quality of life as well as self-reported...
Persistent link: https://www.econbiz.de/10011601067
Using the 2015 introduction of a statutory minimum wage in Germany as a quasi-experiment, I investigate the effects of wage increases on personality. The degree to which each worker's wage is intended to be affected by the reform is used as an instrument for the relative increase in the worker's...
Persistent link: https://www.econbiz.de/10013347613
We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann-Morgenstern utilities of the individuals. After examining the...
Persistent link: https://www.econbiz.de/10010464358
Extending the traditional income poverty concept by multidimensional poverty has been of growing interest within the … last years. This paper contributes with an analysis of interdepend-ent multidimensional (IMD) poverty intensity of time and … income, which in particular restricts social participation. The interdependency of the multiple poverty dimensions under a …
Persistent link: https://www.econbiz.de/10011601053
This paper presents a methodology for comparing income rank volatility profiles over time and across distributions. While most of the existing measures are affected by changes in marginal distributions, this paper proposes a framework that is based on individuals' relative positions in the...
Persistent link: https://www.econbiz.de/10011748468
latent-growth-curve modeling based on household panels show that participatory inequality by parental income is already large … research on (political) inequality in youth and childhood. …
Persistent link: https://www.econbiz.de/10012549992
The distribution of personal income in a society depends strongly on the within-household distribution of income. Nevertheless, little is known about this phenomenon. I analyze the sharing of income among household partners from a welfare economic perspective. Measures of financial satisfaction...
Persistent link: https://www.econbiz.de/10011601024
Persistent link: https://www.econbiz.de/10011600902
We survey the literature on income mobility, aiming to provide an integrated discussion of mobility within- and between-generations. We review mobility concepts, descriptive devices, measurement methods, data sources, and recent empirical evidence.
Persistent link: https://www.econbiz.de/10011128997