be interpreted as either a wage income stream or a stochastic endowment flow. We obtain a complete and original solution …

persistent effect on subsequent employment and income. After initial periods with a higher incidence of sick leave, treated … treated workers, who manage to stay in employment, incur persistent income losses. The effects are stronger for sub-groups of …

I investigate the effect of income on mortality of the pensioners, com- paring three subsequent policy periods in … reduction in income was removed in the third policy period. These two reforms allow a causal identification of the effect of in …

understanding of both the processes and causal paths that underlie the intricate relationship between health and wealth (income … the traditional and emerging perspectives on the health-income relationship, this literature review presents a non …

We reexamine the claim that the effect of income on subjective well-being suffers from a systematic downward bias if … one ignores that higher income is typically associated with more work effort. We analyze this claim using German panel … do not find evidence that leaving working hours out of the analysis leads to an underestimation of the income effect. …

understanding of both the processes and causal paths that underlie the intricate relationship between health and wealth (income … the traditional and emerging perspectives on the health-income relationship, this literature review presents a non …