Showing 1 - 10 of 291
According to conventional income measures, nineteenth century American and British industrial workers were two to four … derive new income estimates for developing countries which yield income estimates that are six to ten times greater than …
Persistent link: https://www.econbiz.de/10005014924
Simple partial-equilibrium models suggest that income increases at the high end of the distribution can raise price … paid by those at the low end of the income distribution. This prediction does not universally hold in a general equilibrium … unsurprisingly shows that decreases in one's own income lead to less housing consumption and less income left over after paying for …
Persistent link: https://www.econbiz.de/10005049798
income to their 401(k) plan on average. We also show that African Americans and Hispanics tend to draw down on their 401(k …
Persistent link: https://www.econbiz.de/10011165131
A fundamental question in economics is whether happiness increases pari passu with improvements in material conditions or whether humans grow accustomed to better conditions over time. We rely on a large-scale experiment to examine what kind of impact the provision of housing to extremely poor...
Persistent link: https://www.econbiz.de/10011262914
We test the effect of the introduction of Medicare Part D on physician prescribing behavior by using data on physician visits from the National Ambulatory Medical Care Survey (NAMCS) 2002-2004 and 2006-2009 for patients aged 60-69. We use a combined DD-RD specification that is an improvement...
Persistent link: https://www.econbiz.de/10011085481
Individual outcomes are highly correlated with group average outcomes, a fact often interpreted as a causal peer effect. Without covariates, however, outcome-on-outcome peer effects are vacuous, either unity or, if the average is defined as leave-out, determined by a generic intraclass...
Persistent link: https://www.econbiz.de/10011095625
Subjective well-being research has often found that marriage is positively correlated with well-being. Some have argued that this correlation may be result of happier people being more likely to marry. Others have presented evidence suggesting that the well-being benefits of marriage are...
Persistent link: https://www.econbiz.de/10011114858
Life expectancy at birth, estimated from United States period life tables, has been shown to vary systematically and widely by region and race. We use the same tables to estimate the probability of survival from birth to age 70 (S70), a measure of mortality more sensitive to disparities and more...
Persistent link: https://www.econbiz.de/10011188531
In this paper we analyze the relationship between turnover-driven growth and subjective wellbeing, using cross-sectional MSA level US data. We find that the effect of creative destruction on wellbeing is (i) unambiguously positive if we control for MSA-level unemployment, less so if we do not;...
Persistent link: https://www.econbiz.de/10011240563
subjective well-being (SWB) even after controlling for income, demographic variables and personality differences. Doubling the … number of friends in real life has an equivalent effect on well-being as a 50% increase in income. Second, the size of online …
Persistent link: https://www.econbiz.de/10010796601