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This paper reviews changing income distributions in the United States, Germany, and the Netherlands, treating the three countries as leading economic performers in ' the three worlds of welfare capitalism.' Previous analyses have shown that earnings dispersion is increasing. The potential impact...
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The accepted view among psychologists and economists alike is that economic well-being has a statistically significant but only weak effect on happiness/subjective well-being (SWB). This view is based almost entirely on weak relationships with household income. The paper uses household economic...
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The 1980s and 1990s have been decades of quite good economic growth in North America and much of Western Europe. But how have the fruits of growth been shared? This paper reviews changing income distributions in the U.S., Germany and the Netherlands. These three countries may be taken as...
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