It has been shown that a person's relative income - compared to a reference group - has a negative impact on self … relative income is low. In this paper we study this hypothesis by estimating the effect of relative income on job mobility … characteristics. Our findings suggest that workers compare their own income to that of their neighbors, and low relative income is …

We examine whether income and unemployment risks are compensated by individual wages. Using a portfolio approach we … show that the marginal income risk effect on wages is always positive whereas the marginal unemployment risk effect … crucially depends on the income risk. The interaction effect between both risk measures is negative. Using administrative panel …

the income of inhabitants. Other researchers have studied the close and even nearly causal relationship between those … transports. The aim of this research is to analyze the relationship between the size of labor market, the income and the … the income are largely defined by the level of improvements of urban public transports on each zone of the city and the …