We document the evolution of intergenerational income (IGI ) inequality, measured as the relative income between old … constant in lower-income countries. We show that these diverging trends are due to different channels. In rich countries, the … lower-income countries, we observe a strong counteracting force driven by a faster increase in labor income, conditional on …

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 …