income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well …-being depending on absolute and on relative levels of income in a dynamic framework. This finding holds after controlling for other …'s own history as well as the relative income performance with respect to the others living in the society under analysis do …

We test empirically whether people's life satisfaction depends on their relative income position in the neighbourhood … population characteristics. Relative deprivation theory suggests that individuals are happier the better their relative income … with controls for own income and for neighbourhood income at the zip-code level (roughly 9,000 people). There exist no …

-tax (disposable) income moved to the right in the United States and Great Britain while inequality declined. In contrast, Germany and …

Using data on annual individual labor income from three representative panel datasets (German SOEP, British BHPS … harmonization of (income) data production as well as of imputation strategies across surveys. All three panels make use of … for variability and complexity of labor income composition appear to be relevant. Secondly, longitudinal analyses yield a …

substantial drop of median income and a remarkable income growth at the top 0.1% of the income distribution. The increase of … income inequality was stronger in East Germany than in West Germany. In both regions, the income concentration process … obtains its income from business and capital, the income share that it receives in form of wage income is increasing. …