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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
-national differences in the dynamic structure of earnings: in permanent inequality, transitory inequality and earnings mobility. Based on … ECHP, minimum distance estimator is used to decompose earnings inequality into the permanent and transitory components and … squares setting to estimate the relationship between permanent inequality, transitory inequality and earnings mobility, and …
Persistent link: https://www.econbiz.de/10011600827
which changes in cross-sectional earnings inequality reflect transitory or permanent components of individual lifecycle … earnings variation. Increases in inequality reflect increases in permanent differentials in four countries and increases in … both components in two. Decreases in inequality reflect decreases in transitory differentials in four countries, in …
Persistent link: https://www.econbiz.de/10011600828
. All countries recording an increase in cross-sectional inequality recorded also a decrease in short-term mobility. Among … countries where inequality decreased, short-term mobility increased in Denmark, Spain, Ireland and UK, and decreased in Belgium …
Persistent link: https://www.econbiz.de/10011600865
what extent does earnings mobility work to equalize/disequalize longerterm earnings relative to cross-sectional inequality …, Germany, and the lowest, Portugal. The highest mobility as equalizer of longer term inequality is recorded in Ireland and …
Persistent link: https://www.econbiz.de/10011600894
which changes in cross-sectional earnings inequality reflect transitory or permanent components of individual lifecycle … earnings variation. Increases in inequality reflect increases in permanent differentials in four countries and increases in … both components in two. Decreases in inequality reflect decreases in transitory differentials in four countries, in …
Persistent link: https://www.econbiz.de/10005018720
-national differences in the dynamic structure of earnings: in permanent inequality, transitory inequality and earnings mobility. Based on … ECHP, minimum distance estimator is used to decompose earnings inequality into the permanent and transitory components and … squares setting to estimate the relationship between permanent inequality, transitory inequality and earnings mobility, and …
Persistent link: https://www.econbiz.de/10005018726
what extent does earnings mobility work to equalize/disequalize longerterm earnings relative to cross-sectional inequality …, Germany, and the lowest, Portugal. The highest mobility as equalizer of longer term inequality is recorded in Ireland and …
Persistent link: https://www.econbiz.de/10008549991
. All countries recording an increase in cross-sectional inequality recorded also a decrease in short-term mobility. Among … countries where inequality decreased, short-term mobility increased in Denmark, Spain, Ireland and UK, and decreased in Belgium …
Persistent link: https://www.econbiz.de/10008479306