Showing 1 - 10 of 409
Tanzania. Using cross-reports on asset holdings, we construct measures of misperception of income among all pairs of households … over-evaluation or under-evaluation of income in our data, although there is a slight over-evaluation on the part of …
Persistent link: https://www.econbiz.de/10013047878
income uncertainty from an ex ante point of view. Two different measures of subjective well being are under study …: Satisfaction with household income and the income evaluation question as developed by Van Praag. It can be shown that satisfaction … with income is more affected by ex ante than by ex post volatility of income. The ordinal version of the Van Praag approach …
Persistent link: https://www.econbiz.de/10013324950
In this paper we look at the relationship between health and income as mediated by “lifestyle” choices; that is, a set … there are substantial differences between the permanent and transitory income determinants – also in terms of the direction … of the effects. Moreover, we find that income effects often differ significantly in size and sometimes sign according to …
Persistent link: https://www.econbiz.de/10013016232
We reassess the empirical effect of income and employment on self-reported well-being. Our analysis makes use of a … suggested by the theory of incomplete markets, we differentiate between the effects of persistent and transitory income shocks …
Persistent link: https://www.econbiz.de/10013099795
This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use … panel data on family income, and an index of investments in children in time and goods, from the Children of the National … partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is …
Persistent link: https://www.econbiz.de/10013023770
Was the increase in income inequality in the US due to permanent shocks or merely to anincrease in the variance of … repeated cross-section data onconsumption and income to decompose idiosyncratic changes in income into predictable …
Persistent link: https://www.econbiz.de/10005861079
A Discrete Choice Experiment (DCE) in the health-care sector is used to test the lossaversion theory that is derived from reference-dependent preferences: The absolutesubjective value of a deviation from a reference point is generally greater when the deviationrepresents a loss than when the...
Persistent link: https://www.econbiz.de/10005861082
This paper investigates whether self-employed households use consumer loans – inparticular instalment loans and overdrafts – to finance business activities. Controlling forfinancial and non-financial household variables we show that self-employed householdsparticularly use personal...
Persistent link: https://www.econbiz.de/10009522202
In the standard neoclassical model consumers use all the available information and the demand for goods depends exclusively on preferences and prices whereas other spurious information do not play any role. In the market for books, we investigate if – in contrast to the standard model – the...
Persistent link: https://www.econbiz.de/10014078015
decline observed in many high-income countries. In the recent past large inflows of low-skilled migrants have substantially …
Persistent link: https://www.econbiz.de/10014084081