influence of religion on income. The violation of the homogeneity assumption would have two consequences. First, results based … countries. We estimate simultaneously an income and a religion equation to correct for the endogeneity of religiosity. We find … that estimation outcomes are different between low and high-income countries. Whereas church membership is found to have a …

We examine the relationship between income and health with the purpose of establishing the extent to which the … distribution of health in a population contributes to income inequality and is itself a product of that inequality. The evidence … supports a significant and substantial impact of ill-health on income mainly operating through employment, although it is …

after controlling for realized earnings, wealth and time-invariant unobserved characteristics such as permanent income and …

We investigate whether US households possess advance information about their future income and what this means for … requires only panel data on consumption and income. Using the Panel Study of Income Dynamics, we find-in contrast to the … incomplete markets model and find that advance information reduces households' income forecast errors by 15%. Our estimation …