-seeking preferences justify heavier taxation of income because this serves to internalise the negative externality that the pursuit of … status imposes on others. In a model where status depends on both income and effort, we show that the optimal corrective tax … function in such a model, and discuss potential implications for optimal income taxation. …

This paper provides evidence on the degree and patterns of intergenerational income and educational mobility in urban … Chile. We find intergenerational income elasticities for Greater Santiago in Chile in the range of 0.52 to 0.54. This is … income at the two extremes of the income distribution, which is more accentuated at the top centiles of the distribution. We …

U.S. income inequality has risen dramatically in recent decades. Researchers consistently find that greater income … SWB data from the U.S. Gallup Healthways Well-Being Index and income inequality data from the American Community Survey …-dependent and measure-dependent: income inequality is SWB-diminishing in large regions for all measures, SWB-diminishing in small …

This paper estimates the extent of intergenerational income mobility in Japan among sons and daughters born between … Japanese Social Stratification and Mobility (SSM) surveys, collected between 1965 and 2005. Father's income is predicted on the … intergenerational income elasticity (IGE) for both sons and daughters, in Japan lies around .35, which is an intermediate value, by …

studies the reverse. Using surveys of lottery winners, we analyze the effects of unearned income on the Big Five personality … traits. After correcting for potential endogeneity problems from prize sizes, we find that unearned income improves traits …. -- noncognitive skills ; personality traits ; lottery winners ; instrumental variables ; unearned income …

studies the reverse. Using surveys of lottery winners, we analyze the effects of unearned income on the Big Five personality … traits. After correcting for potential endogeneity problems from prize sizes, we find that unearned income improves traits …

This paper estimates the extent of intergenerational income mobility in Japan among sons and daughters born between … Japanese Social Stratification and Mobility (SSM) surveys, collected between 1965 and 2005. Father's income is predicted on the … intergenerational income elasticity (IGE) for both sons and daughters, in Japan lies around .35, which is an intermediate value, by …

This paper provides evidence on the degree and patterns of intergenerational income and educational mobility in urban … Chile. We find intergenerational income elasticities for Greater Santiago in Chile in the range of 0.52 to 0.54. This is … income at the two extremes of the income distribution, which is more accentuated at the top centiles of the distribution. We …