Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over … from lowest to highest LS, though their average income was always higher. In spite of rapid income growth up to 2008 …/09, the less educated showed no rise in LS, while highly educated LS rose after the crash despite declining real income. In …

This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960 …

the probability of a country escaping the middle income trap (MIT). A second contribution of this paper is to model this … probability using 1960–2015 cross-country data, focusing on the roles of income distribution or inequality and aging. It is found …; (2) relative to income distribution, aging is found to be much less important in terms of both magnitude and statistical …

This chapter investigates how household income, income inequality, and poverty among urban residents in China have … developed since 1988, with an emphasis on the period from 2007 to 2013. We use data from the China Household Income Project …, expressed as the constant purchasing power, continued between 2007 and 2013. We also show that income growth from 2007 to 2013 …

Most methods for the analysis of distributional change rely on the changes in the income of a particular group of … standard against a richer group, thereby capturing a notion of change in relative income, which embodies the influence of … others' wellbeing on the judgment of the group's own situation. The indices, and related relative income change (RIC) curves …