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We consider how much of the top end of the income distribution can be attributed to four sectors -- top executives of … represent a substantial portion of the top income groups, they miss a large number of high-earning individuals. We conclude by …
Persistent link: https://www.econbiz.de/10003509241
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"We document a large increase in the cyclicality of the incomes of high-income households, coinciding with the rise in … their share of aggregate income. In the U.S., since top income shares began to rise rapidly in the early 1980s, incomes of … those in the top 1 percent of the income distribution have averaged 14 times average income and been 2.4 times more cyclical …
Persistent link: https://www.econbiz.de/10008760491
This paper examines some determinants of top income shares and the aggregate wealth-income ratio in the United States …. The paper, first, points out the difficulties in Piketty's neo-classical version of explanation of US income inequality …, which stresses the effect of the rising aggregate wealth-income ratio and high elasticity of factor substitution. Second …
Persistent link: https://www.econbiz.de/10011577044
income, relative income (i.e. how individual income compares to those of peers), individual health, and relative health … countries. In contrast, individual and relative income matter in some countries, such as the US, and not in others, for example … targeting income. …
Persistent link: https://www.econbiz.de/10011289080
Persistent link: https://www.econbiz.de/10009732030
migrating peasants, and, consequently, has a positive effect on narrowing the rural-urban income or consumption gap. Urban labor …
Persistent link: https://www.econbiz.de/10011522047
We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index …, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann …
Persistent link: https://www.econbiz.de/10010423769
We use personality traits to better understand the relationship between income and life satisfaction. Personality … traits mediate the effect of income on life satisfaction. The effect of neuroticism, which measures sensitivity to threat and … usually observed concavity of the relationship: individuals with a higher neuroticism score enjoy extra income more than those …
Persistent link: https://www.econbiz.de/10010479011