) the utilisation of the other NFS data: on net household income (which, although reducing the usable sample of Survey households by about 40070, may provide a better guide to pure income effects); on the age (particularly of children) and sex of the household members; on the occupation and industry of earners; on price movements during the calendar year; and on the extent of free supplies avai...

Data from the General Household Survey were employed to compare the participation rates, hours worked, earnings, and net incomes of families with and without a disabled child. In families with a disabled child it was found that the spouse was significantly more likely to work the more children there were in the family and that income, and income as a proportion of supplementary benefit entitlem...

Happy Taxpayers? Income Taxation and Well-Being This paper offers a first empirical investigation of how labor taxation (income and payroll taxes) affects individuals' well-being. For identification, we exploit exogenous variation in tax rules over time and across demographic groups using 26 years of German panel data. We find that the tax effect on subjective well-being is significant and posi...

The impact of redistributive policies on voluntary contributions is still not well understood. While a higher level of redistributive taxation decreases the price of voluntary giving, it also changes the income distribution by decreasing income inequality. This paper provides a controlled laboratory experiment to investigate the net impact of the tax rate on public goods provision. The experime...

Households’ insurance against shocks to income and asset values (that is, household risk management) is limited, especially for poor households. We argue that a trade-off between intertemporal financing needs and insurance across states explains this basic insurance pattern. In a model with limited enforcement, we show that household risk management is increasing in household net worth and inco...

The practice of income smoothing is a form dysfunctional behavior in earnings management that rife this era rapid business development, where managers intentionally change the company's financial statements with aim flattening value over several periods to make it look stable. considered as solution very unstable profit conditions. This study aims examine effect cash holding, net margin, and le...

Do husbands and wives have the same view of the family’s financial situation? This research shows that when couples are asked separately about finances, very different views emerge of income and wealth. Quantifying the gap between husbands’ and wives’ financial statements shows half of all couples provide family income values that differ by more than 10% and net worth values that differ by more...

Over its 35-year history, Medicaid has grown from a program to provide health insurance to the welfare population to one that provides health and long-term care (LTC) services to 40 million low-income families and elderly and disabled individuals. Despite its accomplishments in improving access to health care for low-income populations, Medicaid continues to face many challenges. The future of ...

In the year 2000, the German government passed the most ambitious tax reform in postwar German history aiming at a significant tax relief for households. Drawing on data of the GSOEP, we analyze the distributional and fiscal effects of the tax reform. Our analysis employs microsimulation techniques. Furthermore, we estimate behavioral effects of the tax reform using a discrete choice labor supp...

Poor neighborhoods may represent a situation of chronic stress, and may therefore be associated with health-related correlates of stress. We examined whether lower neighborhood income would relate to higher allostatic load, or physiological well-being, through psychological, affective, and behavioral pathways. Using data from the Biomarker Project of the Midlife in the United States (MIDUS) stu...