Showing 1 - 10 of 196
Using detailed geographical and household survey data from Nepal, this article investigates the relationship between isolation and subjective welfare. This is achieved by examining how distance to markets and proximity to large urban centers affect responses to questions about income and...
Persistent link: https://www.econbiz.de/10005123751
-being. Finally, studying changes in satisfaction over time, we find that as countries experience economic growth, their citizens … country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given … most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is …
Persistent link: https://www.econbiz.de/10008684672
Using fixed effects ordered logit estimation, we investigate the relationship between part-time work and working hours … and women from the British Household Panel Survey. We find that men have the highest hours-of-work satisfaction if they … work full-time without overtime hours but neither their job satisfaction nor their life satisfaction are affected by how …
Persistent link: https://www.econbiz.de/10005123569
working hours using panel data on life and job satisfaction for a sample of partnered women and men. We also utilize time …. We analyze the relationship between part-time work and life satisfaction, and between job satisfaction and preferred … hypothesis in this context. Our main results indicate that partnered women in part-time work have high levels of job satisfaction …
Persistent link: https://www.econbiz.de/10008468702
We develop a simple model to analyse the ‘dual-track’ approach to transition to a market economy as a mechanism for implementing efficient Pareto-improving economic reform, that is, reform achieving efficiency without creating losers. The approach, based on the continued enforcement of the...
Persistent link: https://www.econbiz.de/10005504255
We introduce labour market imperfections (i.e. unions and the existence of a wage floor) in a finance-constrained monetary economy with heterogenous agents and increasing returns to scale due to labour and capital productive externalities. We find that indeterminacy emerges for empirically...
Persistent link: https://www.econbiz.de/10005504720
I present a simple model in which it is possible that opening a new market makes everybody worse off. Unlike previous examples in the literature, the analysis does not rely on relative price changes of different consumption goods. This is shown in a standard framework in which uninformed traders...
Persistent link: https://www.econbiz.de/10005504789
Agents from a homogeneous population organize themselves into productive partnerships and are confronted with a hold-up problem when making relation-specific investments in those partnerships. The problem is mitigated if agents can leave a partnership in which they have invested, bear the costs...
Persistent link: https://www.econbiz.de/10005498121
Recent empirical work finds that surprisingly little variation in the demand for insurance is explained by heterogeneity in risks. I distinguish between heterogeneity in risk preferences and risk perceptions underlying the unexplained variation. Heterogeneous risk perceptions induce a systematic...
Persistent link: https://www.econbiz.de/10011083454
The paper proposes a general model that will encompass trade and social benefits of a common language, a preference for a variety of languages, the fundamental role of translators, an emotional attachment to maternal language, and the threat that globalization poses to the vast majority of...
Persistent link: https://www.econbiz.de/10011083809