The main objective of this empirical dissertation is to understand the effects of comparison income on individual well-being. In order to do this, elements of the value function of prospect theory (Kahneman and Tverky, ), ...

This paper uses data from individual income tax returns to explore the redistributive effect of personal income tax in Ecuador between 2007 and 2011. Following common practice in tax incidence analysis, we first compute ...

This paper estimates the distributional effects that would result from eliminating the differential tax treatment of business and personal income in the Chilean tax system, as well as from the elimination of the main ...

Our work is based on a heterogenous agent shopping-time economy in which economic agents present distinct productivities in the production of the consumption good, and differentiated access to transacting assets. The purpose ...

The well-known socioeconomic gradient in health does not imply that income inequality by itself has any effect on well-being. However, there is evidence of a positive association between income inequality and adolescent ...

This paper studies the magnitude of intergenerational income mobility in less developed, high inequality Chile. Following a known methodology where fathers’ incomes are predicted from standard income determinants such ...