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The marginal utility of income
Layard, Peter R. G.; Mayraz, Guy; Nickell, Stephen J. - 2008 - Revised version
In normative public economics it is crucial to know how fast the marginal utility of income declines as income …, using a number of assumptions, we are able to estimate the elasticity of marginal utility with respect to income. We obtain …
Persistent link: https://www.econbiz.de/10011630578
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Intergenerational earnings mobility in Japan among sons and daughters: Levels and trends
Lefranc, Arnaud; Ojima, Fumiaki; Yoshida, Takashi - 2012
This paper estimates the extent of intergenerational income mobility in Japan among sons and daughters born between … Japanese Social Stratification and Mobility (SSM) surveys, collected between 1965 and 2005. Father's income is predicted on the … intergenerational income elasticity (IGE) for both sons and daughters, in Japan lies around .35, which is an intermediate value, by …
Persistent link: https://www.econbiz.de/10010291383
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Fatter attraction : anthropometric and socioeconomic characteristics in the marriage market
Chiappori, Pierre-André; Oreffice, Sonia; … - 2009
We construct a matching model on the marriage market along more than one characteristic, where individuals have preferences over physical attractiveness (proxied by anthropometric characteristics) and market and household productivity of potential mates (proxied by socioeconomic...
Persistent link: https://www.econbiz.de/10003923577
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Black-white marital matching : race, anthropometrics, and socioeconomics
Chiappori, Pierre-André; Oreffice, Sonia; … - 2011
the Panel Study of Income Dynamics from 1999 to 2009 for black, white, and inter-racial couples. We consider the …
Persistent link: https://www.econbiz.de/10009523514
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Intergenerational earnings mobility in Japan among sons and daughters : levels and trends
Lefranc, Arnaud; Ojima, Fumiaki; Yoshida, Takashi - 2012
This paper estimates the extent of intergenerational income mobility in Japan among sons and daughters born between … Japanese Social Stratification and Mobility (SSM) surveys, collected between 1965 and 2005. Father's income is predicted on the … intergenerational income elasticity (IGE) for both sons and daughters, in Japan lies around .35, which is an intermediate value, by …
Persistent link: https://www.econbiz.de/10009675517
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On the common claim that happiness equations demonstrate diminishing marginal utility of income
Oswald, Andrew J. (contributor) - 2005
marginal utility of income. This paper suggests that we have not. It draws a distinction between concavity of the utility … function and concavity of the reporting function. -- happiness ; money ; marginal utility ; curvature ; concave …
Persistent link: https://www.econbiz.de/10003257643
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Fatter Attraction : Anthropometric and Socioeconomic Characteristics in the Marriage Market
Chiappori, Pierre-Andre - 2011
We construct a matching model on the marriage market along more than one characteristic, where individuals have preferences over physical attractiveness (proxied by anthropometric characteristics) and market and household productivity of potential mates (proxied by socioeconomic...
Persistent link: https://www.econbiz.de/10013134105
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Black-White Marital Matching : Race, Anthropometrics, and Socioeconomics
Chiappori, Pierre-Andre - 2011
the Panel Study of Income Dynamics from 1999 to 2009 for black, white, and inter-racial couples. We consider the …
Persistent link: https://www.econbiz.de/10013117193
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The Marginal Utility of Income
Layard, Richard - 2008
In normative public economics it is crucial to know how fast the marginal utility of income declines as income …, using a number of assumptions, we are able to estimate the elasticity of marginal utility with respect to income. We obtain …
Persistent link: https://www.econbiz.de/10012725445
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Family Background and Income During the Rise of the Welfare State : Brother Correlations in Income for Swedish Men Born 1932-1968
Bjorklund, Anders - 2007
The goal of this study is to examine trends in the importance of family background in determining adult income in … Sweden. We investigate whether the association between family background and income in Sweden has changed for cohorts born … 1932-1968. Our main finding is that the share of the variance in long-run income that is attributable to family background …
Persistent link: https://www.econbiz.de/10012776075