Showing 1 - 10 of 157
Welfare-oriented analyses of economic outcome measures such as income and wealth generally rest on the assumption of … definition of the aggregation unit and by controlling its effect on distribution and inequality analysis. We find empirical …
Persistent link: https://www.econbiz.de/10010324262
We hypothesize that an individual's time use choices are contingent on the time use choices of others because the utility derived from leisure time often benefits from the presence of companionable others inside and outside the household. We develop a model of time use, and demonstrate that its...
Persistent link: https://www.econbiz.de/10010324203
, two different theoretical approaches are available. Classical inequality theories posit that differences in leisure …
Persistent link: https://www.econbiz.de/10010260830
In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income … cardinal individual welfare function has to be specified. In addition, panel data enables different scale use by the … respondents to be controlled. The approach gives straightforward evidence: Obviously there is an optimal elasticity at which …
Persistent link: https://www.econbiz.de/10010260751
We link life-satisfaction data to inequality of the pre-government income distribution at the regional level, to … estimate the degree of inequality aversion. In addition, we investigate whether a reduction in inequality by the state … increases individual well-being. We find that Germans are inequality averse over the entire income distribution. However …
Persistent link: https://www.econbiz.de/10010260794
We analyse the convergence and heterogeneity of living standards between East and West Germany since unification. Based on data from the German Socio-Economic Panel (GSOEP), we compare total individual income of permanent adult residents, including retirees and the unemployed, of East and West...
Persistent link: https://www.econbiz.de/10010271128
This paper explores the relationship between two well-established concepts of measuring individual well-being: the concept of happiness, i.e. self-reported level of satisfaction with income and life, and relative deprivation/satisfaction, i.e. the gaps between the individual?s income and the...
Persistent link: https://www.econbiz.de/10010272275
This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...
Persistent link: https://www.econbiz.de/10010272277
Motivated by the lack of literature linking actual to perceived relative deprivation, this paper assesses the role of visibility in the deprivation of goods and assets vis-à-vis income behind perceptions of relative deprivation. We rely on household survey data that includes unique information...
Persistent link: https://www.econbiz.de/10010369270
We link life-satisfaction data to inequality of the pre- and post-government income distribution at the regional level …, to estimate the degree of inequality aversion. Three different inequality measures are used. In addition, we investigate … whether a reduction in inequality by the state increases individual well-being. We find only weak evidence that Germans are …
Persistent link: https://www.econbiz.de/10010324200