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In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income satisfaction will be developed. In contrast to other subjective approaches, the present one benefits from the fact that no direct cardinal individual welfare function has to be...
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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...
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Neuere Studien zur Einkommensverteilung in Deutschland verdeutlichen, dass die Untererfassung von Spitzeneinkommen in … den zumeist verwendeten Umfragedaten zu erheblichen Fehleinschätzungen über die Entwicklung der Ungleichheit führt. Eine … zwischen Konjunktur und Einkommensverteilung in Deutschland. Entsprechende Auswertungen legen nahe, dass die vermeintliche …
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Savings are, apart from inheritances and transfers, the corner stone for the accumulation of wealth. Against the background of rising economic inequality in industrialized countries and the ongoing assessment of its root causes, analyses of the distribution of savings along the income and wealth...
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