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provides non-divisible services to consumers, with physicians our prime example. Examining local income inequality across U …Top income inequality in the United States has increased considerably within occupations. This phenomenon has led to a … search for a common explanation. We instead develop a theory where increases in income inequality originating within a few …
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. The present value of human capital is determined by all future income flows, which at the same time constitute the … individual as well as the total tax base of a nation. Therefore, the income of the productive population determines the total tax … well as the future gross income flows. The costs of public goods and the transfer expenditures have to be financed from the …
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We review research on the dynamics and distribution of individual earnings and family income. We start with univariate … earnings models, which dominate the literature and are often used as the exogenous component of family income in structural … family income that integrate individual earnings, marriage (accounting for marital sorting), and earnings of a spouse (if …
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. Der Faktor Popularität wirkt sich am stärksten auf das rechte Ende der Einkommensverteilung aus, die Macht des …
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This chapter discusses the large literature and numerous issues regarding education-related differences in income in …. Following the 1940 Decennial Census, which collected information on educational attainment and on earned income and time worked … 1950s/early 1960s greatly expanded the research on education and income and shifted the focus to wages. The human capital …
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Using longitudinal data on fathers and their children, this study compares the extent of intergenerational mobility in Germany and the United States and introduces an estimation strategy that corrects estimates of intergenerational earnings elasticities for a possible lifecycle bias. In contrast...
Persistent link: https://www.econbiz.de/10003375779
While there is now something of a consensus in the literature on the economics of happiness that income comparisons to … others help determine subjective wellbeing, debate continues over the relative importance of own and reference-group income … regarding happiness analysis, and in particular with respect to the measurement of reference-group income. We here use data from …
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