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Can money change who we are? estimating the effects of unearned income on measures of incentive-enhancing personality
Powdthavee, Nattavudh; Boyce, Christopher J.; Wood, Alex M. - 2011
The importance of noncognitive childhood skills in predicting higher wages is well documented in economics. This paper studies the reverse. Using surveys of lottery winners, we analyze the effects of unearned income on the Big Five personality traits. After correcting for potential endogeneity...
Persistent link: https://www.econbiz.de/10010282309
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Can money change who we are? : estimating the effects of unearned income on measures of incentive-enhancing personality
Powdthavee, Nattavudh; Boyce, Christopher J.; Wood, Alex M. - 2011
The importance of noncognitive childhood skills in predicting higher wages is well documented in economics. This paper studies the reverse. Using surveys of lottery winners, we analyze the effects of unearned income on the Big Five personality traits. After correcting for potential endogeneity...
Persistent link: https://www.econbiz.de/10009521228
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Can Money Change Who We are? Estimating the Effects of Unearned Income on Measures of Incentive-Enhancing Personality Traits
Powdthavee, Nattavudh - 2011
The importance of noncognitive childhood skills in predicting higher wages is well documented in economics. This paper studies the reverse. Using surveys of lottery winners, we analyze the effects of unearned income on the Big Five personality traits. After correcting for potential endogeneity...
Persistent link: https://www.econbiz.de/10013118044
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Measuring distributional effects of fiscal reforms
Peichl, Andreas; Ochmann, Richard - 2006
. Thereby, distributional effects shall be differentiated by four subconcepts, i.e. 1.) the traditional concept of inequality, 2 … poverty and richness. The concept of inequality and the concept of income poverty are the by far most widely applied concepts …
Persistent link: https://www.econbiz.de/10010297011
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Measuring distributional effects of fiscal reforms
Peichl, Andreas; Ochmann, Richard - Finanzwissenschaftlichen Forschungsinstitut, … - 2006
. Thereby, distributional e¤ects shall be differentiated by four subconcepts, i.e. 1.) the traditional concept of inequality, 2 … poverty and richness. The concept of inequality and the concept of income poverty are the by far most widely applied concepts …
Persistent link: https://www.econbiz.de/10005083052
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Measuring distributional effects of fiscal reforms
Ochmann, Richard R.; Peichl, Andreas - 2006
. Thereby, distributional e¤ects shall be differentiated by four subconcepts, i.e. 1.) the traditional concept of inequality, 2 … poverty and richness. The concept of inequality and the concept of income poverty are the by far most widely applied concepts …
Persistent link: https://www.econbiz.de/10011416562
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Can Money Change Who We Are? Estimating the Effects of Unearned Income on Measures of Incentive-Enhancing Personality Traits
Powdthavee, Nattavudh; Boyce, Christopher J.; Wood, Alex M. - Institute for the Study of Labor (IZA) - 2011
The importance of noncognitive childhood skills in predicting higher wages is well documented in economics. This paper studies the reverse. Using surveys of lottery winners, we analyze the effects of unearned income on the Big Five personality traits. After correcting for potential endogeneity...
Persistent link: https://www.econbiz.de/10009371872
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Inequality of income acquisition: The role of childhood circumstances
Hufe, Paul; Peichl, Andreas; Roemer, John; Ungerer, Martin - 2015
inequality attributable to circumstances is usually quite small - in the advanced democracies, on the order of 20%. One reason … accomplishments, other environmental circumstances, and the income as an adult, we compute that the fraction of income inequality due …
Persistent link: https://www.econbiz.de/10011412520
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Lower Bounds and the Linearity Assumption in Parametric Estimations of Inequality of Opportunity
Hufe, Paul; Peichl, Andreas - 2015
The consistent underestimation of inequality of opportunity has led some scholars to call into question the usefulness … inequality of opportunity measures. Compared to the standard parametric approach of ex ante measurement of inequality of …
Persistent link: https://www.econbiz.de/10011428838
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Does tax simplification yield more equity and efficiency? An empirical analysis for Germany
Peichl, Andreas; Fuest, Clemens; Schaefer, Thilo - 2006
inequality. Efficiency effects in terms of changes in marginal tax rates and labor supply effects are mixed. The combination with … inequality of after tax incomes. We conclude that tax simplification may improve the efficiency of the tax system without … increasing inequality of after tax income. …
Persistent link: https://www.econbiz.de/10010297008