We extend the canonical income process with persistent and transitory risk to shock distributions with left …-skewness and excess kurtosis, to which we refer as higherorder risk. We estimate our extended income process by GMM for household …

We extend the canonical income process with persistent and transitory risk to shock distributions with left …-skewness and excess kurtosis, to which we refer as higher-order risk. We estimate our extended income process by GMM for household …

This paper proposes a new approach for analyzing the relationship between macroeconomic factors and the income … should first fit a parametric functional form to the income distribution for each year, and then model the time series of … model parameters in terms of the macroeconomic factors. Inferences about the relationship between the income distribution …

data. This in turn allows them to estimate the entire income distribution, computing alternative inequality indexes and …

This paper proposes a new approach for analyzing the relationship between macroeconomic factors and the income … should first fit a parametric functional form to the income distribution for each year, and then model the time series of … model parameters in terms of the macroeconomic factors. Inferences about the relationship between the income distribution …

Do other peoples' incomes reduce the happiness which people in advanced countries experience from any given income? And … samples since 1972) comparator income has a negative effect on happiness equal in magnitude to the positive effect of own … income. 2) In the West German Socio-Economic Panel since 1984 the same istrue but with life satisfaction as the dependant …

estimate the entire income distribution; computing alternativeinequality indexes and poverty estimates. Finally, we have used …

Analyse der Einkommensverteilung in Deutschland einbezogen. Im Ergebnis führt dies bei den verfügbaren Haushaltseinkommen zu … für künftige Analysen der personellen Einkommensverteilung eine systematische Berechnung und Einbeziehung der regionalen …