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the country ranking depending on the measure. While in Germany wealth predominantly contributes to the intensity of … a common framework. We illustrate this by analyzing the role of income and wealth as dimensions of multidimensional well …-being in Germany and the US in 2007 as well as for the US over the period 1989-2007. We find distinct country differences with …
Persistent link: https://www.econbiz.de/10010286273
nonmaterial quality of life as well as self-reported satisfaction with life as dimensions. We find that one third of the German …-being distribution has decreased over time. Moreover, health as well as life satisfaction contribute quite substantially to … multidimensional wellbeing at the top which has important policy implications. -- multidimensional measurement ; well-being ; Germany …
Persistent link: https://www.econbiz.de/10009522999
John Stuart Mill claimed that "men do not desire merely to be rich, but richer than other men." Do people desire to be richer than others? Or is it that people desire favorable comparisons to others more generally, and being richer is merely a proxy for this ineffable relativity? We conduct an...
Persistent link: https://www.econbiz.de/10011902869
wealth distribution overall and also inequality at the very top of the wealth pyramid, as measured by billionaire intensity … (the ratio of billionaire wealth to GDP). First, billionaire intensity appears to be higher in countries with low, not high … millionaire wealth as a proportion of GDP, but with low levels of income inequality. This paper uses databases from the Forbes …
Persistent link: https://www.econbiz.de/10012869832
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that, with the exception of …
Persistent link: https://www.econbiz.de/10011288530
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that the percentage of …
Persistent link: https://www.econbiz.de/10010459794
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that, with the exception of …
Persistent link: https://www.econbiz.de/10013016356
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that the percentage of …
Persistent link: https://www.econbiz.de/10013028508
curve areas. Comparisons of life satisfaction distributions for six countries reveal a substantial number of unanimous …
Persistent link: https://www.econbiz.de/10012140090
States. However, these illiquid, non-market forms of wealth are typically excluded from measures of net worth. To the extent … that these broadly held resources substitute for savings, measures of wealth inequality that do not account for DB pensions … and Social Security may be overstated. This paper develops an alternative, expanded wealth concept, augmenting precise net …
Persistent link: https://www.econbiz.de/10012584693