-seeking preferences justify heavier taxation of income because this serves to internalise the negative externality that the pursuit of … status imposes on others. In a model where status depends on both income and effort, we show that the optimal corrective tax … function in such a model, and discuss potential implications for optimal income taxation. …

Using data from the 2009 China Health and Nutrition Survey, this study investigates China's income-health gradient by … analyzing the effect of both current and long-term household income on 22 blood-based biomarkers, 4 used as individual variables … income-health gradient irrespective of whether the income measure is current or long term. Because risky behavior may …