We revisit Lipset‘s law, which posits a positive and significant relationship between income and democracy. Using … dynamic and heterogeneous panel data estimation techniques, we find a significant and negative relationship between income and … democracy: higher/lower incomes per capita hinder/trigger democratization. Decomposing overall income per capita into its …

show that this result is determined largely by an unrealistic assumption that labor income grows monotonically over a …

that entrepreneurship tends to be profitable. It also raises income uncertainty, but the most successful quartile gains …

government expenditures (including Social Security and income assistance). Together, the reduction in smoking and the rise in …

inequality. Combining various income and wealth measures with different health measures, we calculate 80 health concentration …

I propose two new tests of Falk and Knell's (2004) prediction that individuals' reference income increases with ability …'s model to establish a link between immigrants' reference income and their return visits to their countries of origin. I …

Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from …) income and of education. Using instrumental variables can provide a way out. However, three questions remain: whether … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …