Before revision:  In the empirical application, we estimate the as- sociation between income and health using linked data from the SHARE survey data and administrative pension information . The pension information which is a function of the full earnings history is used as an instrument.
After revision:  In the empirical application, we estimate the as- sociation between income and health using linked data from the SHARE survey data and administrative pension information and use pension entitlements as an instrument. In the second application we revisit the question how income affects the demand for housing based on data from the Socio-Economic Panel Study. In this application we use regional income information on the residential block level as an instrument.