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traditional income data. We find that intergenerational SWB mobility-as measured by subjective wealth and life satisfaction …
Persistent link: https://www.econbiz.de/10013254144
traditional income data. We find that intergenerational SWB mobility - as measured by subjective wealth and life satisfaction … - exists. While daughters have less subjective wealth and life satisfaction than sons, daughters have higher transmission of …
Persistent link: https://www.econbiz.de/10013187174
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movements in income. We find that relative income mobility is a significant predictor of life satisfaction and mental health …. Our SWB measures encapsulates both life satisfaction and mental health, and we consider both relative and absolute …, whether people move upward or downward. For absolute income, mobility is only a consistent predictor of SWB and mental health …
Persistent link: https://www.econbiz.de/10012059641
intergenerational income mobility in Germany, endowments account for solely 30 percent in the United States. Nonlinearities in the … relative importance across income percentiles. In Germany, there are no significant nonlinearities at all. …Relying on harmonized individual data for Germany and the United States, we perform a country comparison regarding the …
Persistent link: https://www.econbiz.de/10011770657
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This is the first paper that studies the effects of including non-monetary income from housing (imputed rent) in the … measure of income on intergenerational income mobility. Using national panel data sets for Australia, the United States and … Germany, it is shown that only Australian society becomes 22\% less mobile as measured by an intergenerational rank …
Persistent link: https://www.econbiz.de/10012826341
We present new estimates of intergenerational earnings elasticity for Australia. We closely follow the methodology used by Leigh (2007), but use considerably more data (twelve waves of HILDA and four waves of PSID). Our adjusted estimates are intended to be comparable to those for other...
Persistent link: https://www.econbiz.de/10011347277