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Persistent link: https://www.econbiz.de/10011637659
Between 1991 and 2015, the real disposable, needs-adjusted income of persons in private households in Germany rose by … 15 percent on average. The majority of the population has benefited from the growth in real income, but the groups at the … lower end of the income distribution have not. Inequality in both market and disposable needs-adjusted household income has …
Persistent link: https://www.econbiz.de/10011847472
how this income dynamic affects mental health. Using data on all Swedish couples who married in 2001, I show that mental … health is positively associated with own and spousal income. However, it is negatively linked to the wife's relative income … cent. This effect does not appear driven by divorce or spouses being on different income trajectories. …
Persistent link: https://www.econbiz.de/10013270328
is getting worse. In 2016, the poverty level increased compared to 2015 and came to 13.5% which is above the poverty …
Persistent link: https://www.econbiz.de/10012957808
In September 2016, real disposable income and real wage were 97.2% and 102.8%, respectively, compared to the same … years, real disposable income decreased by 8.7% while retail sales of food and non-food products fell even more – by 13 ….9%. Poverty rate in Q2 2016 was 13.5%, which is slightly below the level of the Q2 2015 – 14.0%. Growth in consumer prices in …
Persistent link: https://www.econbiz.de/10012978688
well-being associated with a marginal increase in income is larger for poorer than for richer populations. This hypothesis … that the correlation between income and satisfaction is greater for the lower-income group (the Roma) than for the higher-income … group (majority population). Further, the correlation between income and emotional well-being does not differ between the …
Persistent link: https://www.econbiz.de/10012595931
We study happiness adaptation to income and poverty using an individual panel data on life satisfaction of 10046 … subjects living in China from 2010 to 2018. We find robust evidence of adaptation to both income and poverty. The adaptation to … poverty result is new to the literature, whereas adaptation to income at four-year length is in line with the previous …
Persistent link: https://www.econbiz.de/10013311371
Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests … variations in the underlying income type substantially affect tests of the relationship between life satisfaction, income rank …, reference income, and income adaptation. Models simultaneously controlling for income and income rank as well as models with a …
Persistent link: https://www.econbiz.de/10009747812
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...
Persistent link: https://www.econbiz.de/10011902869
change in income, inequality, and poverty over the 15 year period and investigates the determinants of poverty. It is found … saving rate of the poor due to an increase in income uncertainty contributes significantly to the increase in poverty … measured in terms of expenditure. Even though income growth reduces poverty, the radical reform measures implemented in the …
Persistent link: https://www.econbiz.de/10013318805