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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
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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
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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
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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
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Income Mobility
Jäntti, Markus; Jenkins, Stephen P. - Forschungsbasierte Infrastruktureinrichtung … - 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/10011128997
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Happiness, Habits and High Rank: Comparisons in Economic and Social Life
Clark, Andrew E. - Forschungsbasierte Infrastruktureinrichtung … - 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/10010784010
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The Evolution of Income Inequality in Germany and Switzerland since the Turn of the Millennium
Grabka, Markus M.; Kuhn, Ursina - Forschungsbasierte Infrastruktureinrichtung … - 2012
This paper presents and compares trends in income inequality in Switzerland and Germany from 2000 to 2009 using … harmonized data from the Socio-Economic Panel (SOEP) and the Swiss Household Panel (SHP). Whereas in Germany inequality has … increased substantially during this period, in Switzerland inequality in market incomes has increased onlymarginally and …
Persistent link: https://www.econbiz.de/10010787003
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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
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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
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The evolution of income inequality in Germany and Switzerland since the turn of the millennium
Grabka, Markus M.; Kuhn, Ursina - 2012
This paper presents and compares trends in income inequality in Switzerland and Germany from 2000 to 2009 using … harmonized data from the Socio-Economic Panel (SOEP) and the Swiss Household Panel (SHP). Whereas in Germany inequality has … increased substantially during this period, in Switzerland inequality in market incomes has increased only marginally and …
Persistent link: https://www.econbiz.de/10010287226