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income to their 401(k) plan on average. We also show that African Americans and Hispanics tend to draw down on their 401(k …
Persistent link: https://www.econbiz.de/10011165131
In the U.S., analyses of poverty rates and the effects of anti-poverty programs rely almost exclusively on income data … mothers. Our earlier work did not show that income and consumption differ in practice. Here we further examine data quality … issues and show that important conclusions about recent trends depend on whether one uses consumption or income. Changes in …
Persistent link: https://www.econbiz.de/10005777994
Simple partial-equilibrium models suggest that income increases at the high end of the distribution can raise price … paid by those at the low end of the income distribution. This prediction does not universally hold in a general equilibrium … unsurprisingly shows that decreases in one's own income lead to less housing consumption and less income left over after paying for …
Persistent link: https://www.econbiz.de/10005049798
income and consumption. We document the sharp differences between recent trends in measured income and consumption, focusing … on families headed by a single mother. Since the early 1990s, income in the bottom decile has fallen by nearly 30 percent …, while income has risen by more than 15 percent for the fourth and fifth deciles. The trends for consumption, on the other …
Persistent link: https://www.econbiz.de/10005050115
China's new Labor Contract Law took effect on January 2008 and required firms to give migrant workers written contracts, strengthened labor protections for workers and contained penalties for firms that did not follow the labor code. This paper uses survey data of migrant workers in the Pearl...
Persistent link: https://www.econbiz.de/10010951329
To analyze the effect of health on work, many studies use a simple self-assessed health measure based upon a question … such as "do you have an impairment or health problem limiting the kind or amount of work you can do?" A possible drawback … fact that they don't work, non-working respondents may classify a given health problem as a more serious work limitation …
Persistent link: https://www.econbiz.de/10005037680
This paper provides a systematic review of the economic analysis of health, safety, and environmental regulations … rising societal wealth will continue to generate greater levels of health and safety. …
Persistent link: https://www.econbiz.de/10005004685
income, net affect and life satisfaction are presented, and adjusted for attenuation bias due to measurement error. Life … satisfaction is found to correlate much more strongly with income than does net affect. Components of affect that are more person …This paper studies the test-retest reliability of a standard self-reported life satisfaction measure and of affect …
Persistent link: https://www.econbiz.de/10005088797
We present the first nation wide value of life estimates for the United States at more than one point in time. Our estimates are for every ten years between 1940 and 1980, a period when declines in fatal accident rates were historically unprecedented. Our estimated elasticity of value of life...
Persistent link: https://www.econbiz.de/10005089129
provider, costs are higher and return-to-work outcomes are worse, while physical recovery is the same although satisfaction …
Persistent link: https://www.econbiz.de/10005087476