Showing 1 - 10 of 482
We explore the relationships between subjective well-being and income, as seen across individuals within a given … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same … whether we compare individuals or countries, suggesting that absolute income plays an important role in influencing well …
Persistent link: https://www.econbiz.de/10008697413
happiness research is able to contribute important insights for economics. We report how the economic variables income …
Persistent link: https://www.econbiz.de/10011398921
We study the usually assumed trade-off between income and leisure in labor supply decisions using comprehensive German … panel data. We compare non-employed individuals after plant closures with employed people regarding both income and time use … with income strongly declines when becoming jobless. Identity utility from earning a living may play the role of a hidden …
Persistent link: https://www.econbiz.de/10011688216
This note provides evidence for the relationship between income comparisons and subjective well-being (SWB), using … novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find … for other reference groups, such as neighbours. Work-related income comparisons are mostly upwards and there is a strong …
Persistent link: https://www.econbiz.de/10011346880
Empirical welfare analyses often impose stringent parametric assumptions on individuals' preferences and neglect unobserved preference heterogeneity. In this paper, we develop a framework to conduct individual and social welfare analysis for discrete choice that does not suffer from these...
Persistent link: https://www.econbiz.de/10012513281
Most social media users have encountered harassment online, but there is scarce evidence of how this type of toxic content impacts engagement. In a pre-registered browser extension field experiment, we randomly hid toxic content for six weeks on Facebook, Twitter, and YouTube. Lowering exposure...
Persistent link: https://www.econbiz.de/10015191566
We evaluate the impact of a therapy intervention on Nepali adolescents at risk of dropping out of school. Our randomized controlled trial is the largest of its kind (N = 1,707) and is novel in that participation does not require a preexisting diagnosis. Participation was high: 89 percent of...
Persistent link: https://www.econbiz.de/10015404463
Using panel data from 1985 to 2019, we provide the first comprehensive investigation of the relationship between trade union membership and job satisfaction in Germany. Cross-sectional analyses reveal a negative correlation, while fixed effects estimates indicate an insignificant relationship....
Persistent link: https://www.econbiz.de/10013332094
life cycle and its response to income variations to help strengthen the energy policy-making process. Our empirical … evidence that the income elasticity of French residential electricity demand is 0.22, averaged over our four cohorts of …
Persistent link: https://www.econbiz.de/10012415417
In addition to realized earnings and employment shocks, forward-looking individuals are presumed to condition their consumption and labor supply decisions on their subjective beliefs about future labor market risks. This paper analyzes these perceptions of earnings and employment risks using...
Persistent link: https://www.econbiz.de/10014227723