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Schools have been closed across the country and will remain so until September. The decision to reopen should take into account current inequalities in education across the country and the impact of school interruptions on the accumulation of cognitive skills. In this article, we document the...
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rates and the homeownership-income inequality among young households in Finland, Germany, Italy, the UK and the US, and … highest and most equally distributed homeownership in this country as well. The mortgage market in Germany is on the other …
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This paper applies the German Socio-Economic Panel to analyse the effect of within household in-come comparison on individual life satisfaction. Our estimates indicate, a primary breadwinner wifedecreases spousal individual happiness by roughly nine per cent. To state the economic...
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John Stuart Mill claimed that "men do not desire merely to be rich, but richer than other men." Do people desire to be richer than others? Or is it that people desire favorable comparisons to others more generally, and being richer is merely a proxy for this ineffable relativity? We conduct an...
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