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We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index …, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann …
Persistent link: https://www.econbiz.de/10010468114
income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of … subjects to report (a) how their income compares to various groups, such a co-workers, friends, and neighbours, and (b) how … important these income comparisons are to them. We find substantial gender differences, with income comparisons being much …
Persistent link: https://www.econbiz.de/10003895798
equivalent household income. Permanent and transitory variances of male income over the period 1984-2008 are estimated for Old … German Laender in order to determine their importance to income dynamics. To uncover the role of the welfare state in … smoothening earnings shocks we compute different income concepts reaching from gross earnings to net equivalent household income …
Persistent link: https://www.econbiz.de/10008664565
We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index …, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann …
Persistent link: https://www.econbiz.de/10010462001
equivalent household income. Permanent and transitory variances of male income over the period 1984-2008 are estimated for Old … German Laender in order to determine their importance to income dynamics. To uncover the role of the welfare state in … smoothening earnings shocks we compute different income concepts reaching from gross earnings to net equivalent household income …
Persistent link: https://www.econbiz.de/10013069087
income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of … subjects to report (a) how their income compares to various groups, such a co-workers, friends, and neighbours, and (b) how … important these income comparisons are to them. We find substantial gender differences, with income comparisons being much …
Persistent link: https://www.econbiz.de/10013155599
This study provides new evidence on top income shares in Germany from the period of industrialization to the present … of the millennium, income concentration in Germany has been on the rise and is today among the highest in Europe …. Income concentration was high in the nineteenth century, dropped sharply after World War I and during the hyperinflation …
Persistent link: https://www.econbiz.de/10012909983
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
This study provides new evidence on top income shares in Germany from the period of industrialization to the present … of the millennium, income concentration in Germany has been on the rise and is today among the highest in Europe …. Income concentration was high in the nineteenth century, dropped sharply after World War I and during the hyperinflation …
Persistent link: https://www.econbiz.de/10011913652
Earnings differences are a recurring topic of public discussion in Germany. Data from the long-term Socio … perceived as fair while a substantial share of the respondents find the current earnings distribution in Germany unfair. This …
Persistent link: https://www.econbiz.de/10011899237