There is a well-established positive correlation between life-satisfaction measures and income in individual level … from money to happiness. I use industry wage differentials as instruments for income. This is based on the idea that at … random. To probe the validity of these assumptions, I compare estimates for life satisfaction with those for job satisfaction …

There is a well-established positive correlation between life-satisfaction measures and income in individual level … from money to happiness. I use industry wage differentials as instruments for income. This is based on the idea that at … random. To probe the validity of these assumptions, I compare estimates for life satisfaction with those for job satisfaction …

Using wage income tax statistics, we construct continuous series of upper wage income shares in Japan from 1951 to 2005 … wage income class gained enormously both in absolute and relative terms during the period of high economic growth, the … upper wage income class faired comparatively better after 1975. In particular, the share of total wage accruing to the top 1 …

Using wage income tax statistics, we construct continuous series of upper wage income shares in Japan from 1951 to 2005 … wage income class gained enormously both in absolute and relative terms during the period of high economic growth, the … upper wage income class faired comparatively better after 1975. In particular, the share of total wage accruing to the top 1 …

educated face a higher expected wage income and a lower probability of being unemployed. Although this relationship has been …

case we observe a redistribution of wage income from the young to the old. -- workforce ageing ; unemployment ; wage …