In this paper we provide estimates of the coefficient of relative risk aversion using information on self-reports of subjective personal well-being from multiple datasets, including three cross-sectional surveys and two panel surveys, namely the Gallup World Poll, the European Social Survey, the...

This article tests for the existence of two types of selection biases in sports markets. First, the better-educated players and players of higher socioeconomic background have better outside opportunities. If they decide to follow a professional soccer career, they must be truly good to...

Job mobility is an outstanding characteristic of most labor markets. However, most of the economic literature focuses on occupational choice and not whether this mobility implies movements to ``better or worse'' firms. One reason for this research gap is the difficulty in establishing if the new...

In this paper we use data from a population survey on quality of life dimensions conducted in Uruguay to analyze the self reported well-being among workers and non workers. Along with the literature, we find that the probability of being happy is greater for workers than non-workers....

We compute the Gini indexes for income, happiness and various simulated utility levels. Due to decreasing marginal utility of income, happiness inequality should be lower than income inequality. We find that happiness inequality is about half that of income inequality. To compute the utility...