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Multidimensional Well-Being at the Top: Evidence for Germany

Peichl, Andreas; Pestel, Nico - 2011

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

Does money change who you are? Quasi-experimental evidence on the effects of wage increases on personality

Ayaita, Adam - 2022

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

Does the choice of well-being measure matter empirically? An illustration with German data

Decancq, Koen; Neumann, Dirk - 2014

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

Multidimensional Well-Being at the Top: Evidence for Germany

Peichl, Andreas; Pestel, Nico - Forschungsbasierte Infrastruktureinrichtung … - 2011

Persistent link: https://www.econbiz.de/10009399076

Inequality Aversion and Risk Attitudes

Ferrer-i-Carbonell, Ada; Ramos, Xavier - 2010

relationship between individuals inequality and risk aversion. The empirical analysis uses the German SOEP household panel for the … years 1997 to 2007 to conclude that the negative effect of inequality measured by the sample gini coefficient by year and … suggest that even though inequality and risk aversion are related, they are not the same thing. The paper shows that the …

Persistent link: https://www.econbiz.de/10011600914

Dynamics of income rank volatility: Evidence from Germany and the US

Chauvel, Louis; Hartung, Anne; Palmisano, Flaviana - 2017

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

Income changes do not influence political participation: Evidence from comparative panel data

Jungkunz, Sebastian; Marx, Paul - 2021

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

Income mobility

Jäntti, Markus; Jenkins, Stephen P. - 2013

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/10010327284

The effect of self-employment on income inequality

Schneck, Stefan - 2018

influence function regression of inequality measures corroborate that self-employment is a source of income inequality in the …

Persistent link: https://www.econbiz.de/10011960820

Happiness, habits and high rank: Comparisons in economic and social life

Clark, Andrew E. - 2012

The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...

Persistent link: https://www.econbiz.de/10010286974