Showing 1 - 10 of 132
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
This paper investigates physiological responses to perceptions of unfair pay. We use an integrated approach exploiting complementarities between controlled lab and representative field data. In a simple principal-agent experiment agents produce revenue by working on a tedious task. Principals...
Persistent link: https://www.econbiz.de/10011098748
This paper investigates physiological responses to perceptions of unfair pay. We use an integrated approach exploiting complementarities between controlled lab and representative field data. In a simple principal-agent experiment agents produce revenue by working on a tedious task. Principals...
Persistent link: https://www.econbiz.de/10010464368
Persistent link: https://www.econbiz.de/10011128961
In Deutschland werden die Geburtskohorten der 1956 bis 1965 Geborenen als Babyboomer bezeichnet. Diese Gruppe kennzeichnet sich nicht nur durch eine überdurchschnittliche Kohortenstärke aus, sondern diese waren Profiteure des Ausbaus des Wohlfahrtsstaates und deren Kindheit und Jugend: waren...
Persistent link: https://www.econbiz.de/10011128976
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
We discuss and compare fi…ve 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/10011185771
Using data from three European countries, this paper investigates whether self-reported satisfaction data are subject to panel conditioning or a panel effect, that is, whether answers depend on whether one has previously participated in the panel. The analysis proposes a way to account for panel...
Persistent link: https://www.econbiz.de/10010601628
In Germany, inequality of net equivalized income increased noticeably in the first half of the new millennium. We aim … to identify the main drivers of this rise in income inequality since the early 1990s. We provide a broad overview of the … circumstances under which inequality evolved, i.e. which changes in the German economy are most likely to provide an explanation for …
Persistent link: https://www.econbiz.de/10010896223
A large literature in behavioral and social sciences has found that human wellbeing follows a U-shape over age. Some theories have assumed that the U-shape is caused by unmet expectations that are felt painfully in midlife but beneficially abandoned and experienced with less regret during old...
Persistent link: https://www.econbiz.de/10010896287