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Over the last decades, empirical research on subjective well-being in the socialsciences has provided a major new stimulus to the discourse on individual happiness.Recently this research has also been linked to economics where reported subjective wellbeingis often taken as a proxy measure for...
Persistent link: https://www.econbiz.de/10008845690
Over the last decades, empirical research on subjective well-being in the social sciences has provided a major new stimulus to the discourse on individual happiness. Recently this research has also been linked to economics where reported subjective wellbeing is often taken as a proxy measure for...
Persistent link: https://www.econbiz.de/10010269838
income and life satisfaction is strongly shaped by the aspiration level serving to evaluate life conditions. The aspiration …
Persistent link: https://www.econbiz.de/10012168322
1984, 1990 and 1996 Surveys of Income and Program Participation (SIPP) to the Social Security Administration's Summary …
Persistent link: https://www.econbiz.de/10005520003
This study presents evidence that the correlation in brothers’ earnings has risen in recent decades. We use two distinct cohorts of young men from the National Longitudinal Surveys and estimate that the correlation in earnings between brothers rose from 0.26 to 0.45. This suggests that family...
Persistent link: https://www.econbiz.de/10005520031
, uninsurable idiosyncratic income risk, borrowing constraints, and endogenous wage and interest rate determination in general …
Persistent link: https://www.econbiz.de/10005487661
This paper uses the National Longitudinal Surveys (NLS), the Panel Study of Income Dynamics (PSID), and the General … Social Survey (GSS) to measure the elasticity of family income on men’s adult earnings in 1980 and the early 1990s. The study … finds a large and statistically significant increase in the importance of family income over time when comparing cohorts in …
Persistent link: https://www.econbiz.de/10005419875
This paper concerns the problem of inferring the effects of covariates on intergenerational income mobility, i.e. on … of mobility- (i) traditional transition probability of movement across income quantiles over generations and (ii) a new …
Persistent link: https://www.econbiz.de/10005419980
Solon’s (1992) landmark study estimated the intergenerational elasticity (IGE) in income between fathers and sons to be …
Persistent link: https://www.econbiz.de/10005419991
intergenerational income correlation, a measure insensitive to changes in cross-sectional inequality that has implications for rank …, by 2000, the rate of intergenerational movement across the income distribution appears historically normal, but, as cross …
Persistent link: https://www.econbiz.de/10005419993