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Persistent link: https://www.econbiz.de/10014490456
In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income satisfaction will be developed. In contrast to other subjective approaches, the present one benefits from the fact that no direct cardinal individual welfare function has to be...
Persistent link: https://www.econbiz.de/10011433806
We estimate household equivalence scales using income satisfaction data from the German Socio-Economic Panel. We extend previous studies applying this approach by taking reference income into account. This allows separating needs-based from reference effects in the determination of income...
Persistent link: https://www.econbiz.de/10011547742
Persistent link: https://www.econbiz.de/10012052394
Most studies using microsimulation techniques have considered the effect of potential reforms, but only regarding income distribution. However, it has become increasingly recognised, both at the academic and political level, that focusing purely on income provides a limited picture of social...
Persistent link: https://www.econbiz.de/10011584107
rural regions. The income polarization in Germany is likely to have multiple causes, some of which are directly linked to …
Persistent link: https://www.econbiz.de/10010519458
panel data on 49,000 individuals living in Germany from 1992 to 2012 to uncover three empirical relationships. First, life …
Persistent link: https://www.econbiz.de/10010493169
In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income satisfaction will be developed. In contrast to other subjective approaches, the present one benefits from the fact that no direct cardinal individual welfare function has to be...
Persistent link: https://www.econbiz.de/10011339693
Equivalence scales are routinely applied to adjust the income of households of different size and composition. Because of their practical importance for the measurement of inequality and poverty, a large number of methods for the estimation of equivalence scales have been proposed. Until now, no...
Persistent link: https://www.econbiz.de/10011764530
Demographisch gegliederte Nachfragesysteme modellieren Unterschiede im Verbrauch verschiedener Verbrauchergruppen bzw. Haushaltstypen. In der vorliegenden Arbeit wird untersucht, welche Nachfragesysteme einerseits die Restriktionen der neoklassischen Nachfragetheorie erfüllen und andererseits...
Persistent link: https://www.econbiz.de/10011402103