-being on health use identification strategies involving income increases; these studies as well as prior research on stock …How do sudden, large wealth losses affect mental health? Most prior studies of the causal effects of material well … market accumulations may not inform this question if the effect of wealth on health is asymmetric. We use exogenous variation …

differences between standard poverty and inequality measures based on observed income and measures that are calculated based on …This paper examines the measurement of social welfare, poverty and inequality taking into account reference … new notion of equivalent income, the income level with which the individual would be as well off, evaluated using a …