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Today’s record levels of economic inequality are infecting our future as the top 0.01% bequest vast wealth to their descendants. With the death of the Rule Against Perpetuities (RAP), this inequality has the potential to harden social class lines not just for a generation or two but forever....
Persistent link: https://www.econbiz.de/10013240896
We examine how intergenerational mobility affects subjective wellbeing (SWB) using data from the British Cohort Study. Our SWB measures encapsulates both life satisfaction and mental health, and we consider both relative and absolute movements in income. We find that relative income mobility is...
Persistent link: https://www.econbiz.de/10012059641
This paper reviews various mobility measures and establishes their asymptotic sampling distribution. The focus is on both transition matrix mobility measures and mobility measures which are based on the reduction in inequality occurring when the accounting period is extended. Statistical...
Persistent link: https://www.econbiz.de/10008596454
Many people remain in the same income group as their parents and this is a cause of much discussion and some concern. In this work, we examine how intergenerational mobility affects subjective wellbeing (SWB) using the British Cohort Study. Our SWB measures encapsulate life satisfaction and...
Persistent link: https://www.econbiz.de/10010610736
Many people remain in the same income group as their parents and this is a cause of much discussion and some concern. In this work, we examine how intergenerational mobility affects subjective wellbeing (SWB) using the British Cohort Study. Our SWB measures encapsulate life satisfaction and...
Persistent link: https://www.econbiz.de/10010640505
Periods of rapid economic growth in developing countries have been well studied in terms of poverty and income inequality reduction, but much less is known about the performance of these countries in terms of economic mobility. We study intragenerational mobility in Peru using an asset-based...
Persistent link: https://www.econbiz.de/10014366727
This paper, based on data from the National Population Health Surveys (NPHS) from 1994 to 2007, analyzes the evolution of social inequalities in health in Quebec since the mid-1990s using two health measures namely self-assessed health (SAH) and health utility index (HUI). Two methods are used....
Persistent link: https://www.econbiz.de/10008636482
Das Diskussionspapier thematisiert die objektive und subjektive Lebenslage von Arbeitslosen in Deutschland im Vergleich zur Gesamtbevölkerung. Die Ergebnisse indizieren eine deutlich schlechtere materielle, d. h. objektive Lebenslage der Arbeitslosen. Dies reflektiert sich in den auf...
Persistent link: https://www.econbiz.de/10008543462
This paper aims to present an assessment of the effects of panel attrition on income mobility comparisons for some EU-countries by using the European Community Household Panel (ECHP). There are different possibilities of correcting the attrition problem by means of alternative longitudinal...
Persistent link: https://www.econbiz.de/10005413392
A necessary condition for mobility to reduce the popular desire for redistribution is a significant positive correlation between inequality and mobility. In Prieto et al. (2008), a significant positive relationship was found at the national level. The objective of this study is to establish...
Persistent link: https://www.econbiz.de/10008835374