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compression" of wages since early 2020 (Autor and Dube, 2022) is partly explained by the same amenity-value effect, which operates …
Persistent link: https://www.econbiz.de/10014278413
This paper investigates the relationship between income satisfaction of adult children and their relative economic status, using data from the German Socio-Economic Panel and income rank as an indicator of status. The results show that children appear to compare their actual economic status with...
Persistent link: https://www.econbiz.de/10010315482