Showing 1 - 10 of 5,389
This paper analyzes whether individuals have equal opportunity to achieve happiness (or well- being). We estimate … results suggest that family background explains, on average, between 30% and 60% of the inequality in permanent well …
Persistent link: https://www.econbiz.de/10011133801
This paper analyzes whether individuals have equal opportunity to achieve happiness (or wellbeing). We estimate sibling … that family background explains, on average, between 30% and 60% of the inequality in permanent wellbeing. The influence is …
Persistent link: https://www.econbiz.de/10011267919
This note examines the relationship between inequality and happiness in urban China using a large-scale survey … of happiness, although results differ between high and low income individuals. We also examine the effect of reference … group income on reported happiness and find that having wealthier city-mates lowers reported happiness, controlling for own …
Persistent link: https://www.econbiz.de/10010629268
Over the last two decades there has been a growing interest in determining the impact of inequality on growth. The …. These results suggest that there is not one but several underlying effects of inequality on growth, which are likely to …
Persistent link: https://www.econbiz.de/10010598121
This paper estimates the extent of intergenerational income mobility in Japan among sons and daughters born between 1935 and 1975. Our estimates rely on a two-sample instrumental variables approach using representative data from the Japanese Social Stratification and Mobility (SSM) surveys,...
Persistent link: https://www.econbiz.de/10010598554
In this chapter we inspect economic mechanisms through which technological progress shapes the degree of inequality … among workers in the labor market. A key focus is on the rise of U.S. wage inequality over the past 30 years. However, we … also pay attention to how Europe did not experience changes in wage inequality but instead saw a sharp increase in …
Persistent link: https://www.econbiz.de/10011149890
Relative deprivation (RD), also known as relative poverty , an idea implicitly put forward by Adam Smith in The Wealth of Nations and formally conceptualized by Runciman (1966), refers to the discontent people feel when they compare their positions to others and realize that others in the group...
Persistent link: https://www.econbiz.de/10011260168
This study aims to estimate the extent of intergenerational mobility of earnings in Taiwan. The intergenerational elasticity of a child's earnings with respect to its parent's earnings is estimated by using household micro-data from the Panel Study of Family Dynamics (PSFD) in Taiwan. We apply...
Persistent link: https://www.econbiz.de/10011199669
inequality in total consumption expenditure by different sources (food, education, health, durable goods and other items … consumption over 1993-94 to 2009-10, thus contributing to the observed rise in consumption inequality in India. Except for the … expenditure on food items, inequality contributions of expenditures on all other heads including education, health, durable goods …
Persistent link: https://www.econbiz.de/10011207128
reflects the evolution of cross-section earnings inequality, rather than variations in positional mobility. …
Persistent link: https://www.econbiz.de/10009145437