This paper uses micro-census income data from the Luxembourg Income Study (LIS) to measure the current and future burden of financing public transfers, especially benefits supporting the aged and near-aged. The analysis distinguishes between income obtained from households' own saving and labor...

Promotions and cross-firm mobility provide substantial gains in earnings - a well established finding based on gross income data. Yet, what matters for incentives is how much an individual can consume or save after taxation. We show that net and gross income growth patterns may differ...

BILD hat es an den Tag gebracht, und Deutschland hat einen neuen Armutsskandal, den Nettoskandal: Angeblich liegt das Nettoeinkommen deutscher Arbeitnehmer inflationsbereinigt heute nur auf dem Stand von vor 20 Jahren. Man muss aber nur ein wenig genauer hinsehen, um festzustellen, dass hinter...