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Knowing what is good for you: empirical analysis of personal preferences and the 'objective good'

Lelkes, Orsolya - London School of Economics (LSE) - 2005

This paper aims to test empirically if certain frequently used measures of well-being, which are regarded as valuable properties of human life, are actually desired by people. In other words, it investigates whether the “expert judgments” in social science overlap with social consensus on...

Persistent link: https://www.econbiz.de/10011126250

Cross-country determinants of life satisfaction: exploring different determinants across groups in society

Bjørnskov, Christian; Dreher, Axel; Fischer, Justina A. V. - London School of Economics (LSE) - 2006

This paper explores a wide range of cross-country determinants of life satisfaction exploiting a database of 90,000 observations in 70 countries. We distinguish four groups of aggregate variables as potential determinants of satisfaction: political, economic, institutional, and human development...

Persistent link: https://www.econbiz.de/10011071346

Does relative income matter? Are the critics right?

Layard, Richard; Mayraz, Guy; Nickell, Stephen - London School of Economics (LSE) - 2009

Do other peoples’ incomes reduce the happiness which people in advanced countries experience from any given income? And … does this help to explain why in the U.S., Germany and some other advanced countries, happiness has been constant for many … samples since 1972) comparator income has a negative effect on happiness equal in magnitude to the positive effect of own …

Persistent link: https://www.econbiz.de/10011071479

Financial institutions and the wealth of nations: tales of development

Tong, Jian; Xu, Cheng-Gang - London School of Economics (LSE) - 2004

Interactions between economic development and financial development are studied by looking at the roles of financial institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the evolution of the financing regimes. The...

Persistent link: https://www.econbiz.de/10010745283

Financial institutions and the wealth of nations: tales of development

Tong, Jian; Chenggang, Xu - London School of Economics (LSE) - 2004

Persistent link: https://www.econbiz.de/10010928613

Do you have to win it to fix it?: a longitudinal study of lottery winners and their health care demand

Cheng, Terence C.; Costa-i-Font, Joan; Powdthavee, Nattavudh - London School of Economics (LSE) - 2015

We exploit lottery wins to investigate the effects of exogenous changes to individuals' income on health care demand in the United Kingdom. This strategy allows us to estimate lottery income elasticities for a range of health care services that are publicly and privately provided. The results...

Persistent link: https://www.econbiz.de/10011206865

Static and dynamic poverty in Spain, 1993-2000

Barcena, E; Cowell, Frank - London School of Economics (LSE) - 2006

We focus on the statics and dynamics of poverty in Spain using data from the first eight waves of the European Community Household Panel from 1994 to 2001, a period not sufficiently covered by recent literature. The results confirm the pattern of poverty changes noted by other authors for the...

Persistent link: https://www.econbiz.de/10010745472

The effect of parental wealth on children’s outcomes in early adulthood

Karagiannaki, Eleni - London School of Economics (LSE) - 2012

This paper presents the first UK estimates of the association between parental wealth during adolescence and a range of children’s outcomes in early adulthood. Parental wealth is positively associated with all outcomes examined (which include educational attainment, employment, earnings and...

Persistent link: https://www.econbiz.de/10010746617

Optimal expectations

Brunnermeier, Markus K.; Parker, Jonathan A. - London School of Economics (LSE) - 2002

This paper introduces a tractable, structural model of subjective beliefs. Since agents that plan for the future care about expected future utility flows, current felicity can be increased by believing that better outcomes are more likely. On the other hand, expectations that are biased towards...

Persistent link: https://www.econbiz.de/10010746723

The effects of agglomeration on wages: evidence from the micro-level

Fingleton, Bernard; Longhi, Simonetta - London School of Economics (LSE) - 2011

This paper estimates individual wage equations in order to test two rival non-nested theories of economic agglomeration, namely New Economic Geography (NEG), as represented by the NEG wage equation and urban economic (UE) theory, in which wages relate to employment density. The paper makes an...

Persistent link: https://www.econbiz.de/10011126078