Sökning: "relative income"
Visar resultat 1 - 5 av 148 avhandlingar innehållade orden relative income.
1. Others’ income, one’s own fate : How income inequality, relative social position and social comparisons contribute to disparities in health
Sammanfattning : The overall aim of this thesis is to contribute to a greater understanding of how social inequalities in health evolve causally and to explore the missing links between social position and health in different social and economic contexts.A premise in the thesis is that in affluent societies, not only material aspects and purchasing power linked to income and social positions are important explanations for the health of individuals, but also the relative socio-economic standards in society. LÄS MER
Sammanfattning : Consumption Dynamics under Time-Varying Unemployment Risk We study the response of households' demand for durable goods to fluctuations in unemployment risk. First, using survey data, we document that household durable expenditures react strongly to unemployment risk, while the effect on nondurable expenditures is indistinguishable from zero. LÄS MER
Sammanfattning : Income serves as an indicator of success relative to others, and provides individuals with resources that strengthen their capability to face challenges and benefit from opportunities. Out of all social determinants of health, income is one of the strongest predictors of health outcomes. LÄS MER
Sammanfattning : First paper: Consumption Theory with Reference Dependent Utility: Its Impact on Marginal Propensity to Consume This paper presents a closed form consumption function for an individual when he derives utility from his own previous and current consumption and from the previous consumption of his relevant others. I show that the individual's marginal propensity to consume (MPC) is smaller than the MPC under the permanent income hypothesis. LÄS MER
Sammanfattning : This thesis consists of five self-contained essays.Essay 1. (with Sören Blomquist and Luca Micheletto) Using a calibrated overlapping-generations model we quantify the welfare gains of an age-dependent labor income tax. Agents face uncertainty regarding future abilities and can transfer consumption across periods through savings. LÄS MER