Representative consumers can be very Pareto inconsistent. We describe a community, with equal income distribution …, where all consumers require 50% higher aggregate income than the representative consumer requires in order to be compensated … the consumers' income shares are fixed and all goods are normal. We show that optimality of the income distribution rule …

, for the intergenerational association in education and income. We find that both pre- and post-birth factors contribute to …’s income. We also find some evidence for a positive interaction effect between post-birth environment and pre-birth factors. …

Economists rely heavily on self-reported measures of health status to examine the relationship between income and … no evidence of an income/health gradient using self-reported hypertension, but a large (about 14 times the size) gradient … in low income households. Given the wide use of such self-reported chronic health conditions in applied research, and the …

increased economic well-being of farm families. This report shows that changes in income for the farm sector or for any … particular group of farm businesses do not necessarily reflect changes confronting farm households. Farm households draw income …, focus on a single indicator of well-being, like income, overlooks other indicators such as the wealth held by the household …

regional welfare weight measure is the elasticity of marginal utility of income (e), and it is estimated using a tax … Turkey is 1.25, and this value, in combination with per capita income levels, produces measured regional welfare weights for …

/methodology/approach – The paper uses information on annual personal income for the period 1926-1999 to present empirical evidence about the …