The topic of rising income inequality does not only gain in relevance since the two prominent reports by the OECD (Growing unequal? Income Distribution and Poverty in OECD Countries, Paris 2008; Divided we stand-Why inequality keeps rising, Paris 2011) but rather since the financial crisis. So far...

Das individuelle Nettovermögen in Deutschland betrug zum Jahresbeginn 2007 im Durchschnitt rund 88 000 Euro und ist damit gegenüber 2002 um rund zehn Prozent gestiegen. Maßgeblich für diese Entwicklung war die Zunahme des Geldvermögens sowie der Vermögen aus privaten Versicherungen. Im...

Anwartschaften an Alterssicherungssysteme - gesetzliche, tarifliche und private - stellen erhebliche Vermögensbestände dar. Analysen zur personellen Vermögensverteilung haben dies bislang aus Datengründen allerdings nicht vollständig berücksichtigt. Nach neuen Berechnungen auf Basis der...

Using models from the happiness and the behavioural economics literature, we develop an analytical framework to investigate the relationship between housing wealth and residential satisfaction. Two hypotheses, i.e., social comparison and adaptation, are tested by using household panel survey...

The relationship between inequality and happiness is counter-intuitive. This applies to both inequality in income and wealth distribution overall and also inequality at the very top of the wealth pyramid, as measured by billionaire intensity (the ratio of billionaire wealth to GDP). First,...

Non-intersection of appropriately-defined Generalized Lorenz (GL) curves is equivalent to a unanimous ranking of distributions of ordinal data by all Cowell and Flachaire (Economica 2017) indices of inequality and by a new index based on GL curve areas. Comparisons of life satisfaction...

We provide the first estimates of intergenerational income mobility for a developing country, namely Brazil. We measure formal income from tax and employment registries, and we train machine learning models on census and survey data to predict informal income. The data reveal a much higher...

We provide the first estimates of intergenerational income mobility for a developing country, namely Brazil. We measure formal income from tax and employment registries, and we train machine learning models on census and survey data to predict informal income. The data reveal a much higher...

Die Einkommensgegensätze zwischen ärmeren und reicheren Haushalten nehmen in Deutschland seit der Wiedervereinigung zu. Zwar reduziert sich diese Einkommenspolarisierung in konjunkturell günstigen Phasen mit starken Beschäftigungszuwächsen. Danach aber steigt sie umso schneller wieder an....

We here explore the link between individual concerns about crime and the distribution of income in Germany. We make use of 1995-2017 microdata from the German Socio-Economic Panel (SOEP) to show that both individual polarization and relative deprivation have statistically-significant effects on...