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Happiness, habits and high rank: Comparisons in economic and social life
Clark, Andrew E. - 2012
The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10010286974
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Income changes do not influence political participation: Evidence from comparative panel data
Jungkunz, Sebastian; Marx, Paul - 2021
The income gradient in political participation is a widely accepted stylized fact. This article asks how income effects … on political involvement unfold over time. Using nine panel datasets from six countries, it analyzes whether income … income has an independent influence. Irrespective of indicator, specification, and method (hybrid models, inclusion of lags …
Persistent link: https://www.econbiz.de/10012549992
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German Male Income Volatility 1984 to 2008: Trends in Permanent and Transitory Income Components and the Role of the Welfare State
Bartels, Charlotte; Bönke, Timm - 2010
equivalent household income. Permanent and transitory variances of male income over the period 1984-2008 are estimated for Old … German Laender in order to determine their importance to income dynamics. To uncover the role of the welfare state in … smoothening earnings shocks we compute different income concepts reaching from gross earnings to net equivalent household income …
Persistent link: https://www.econbiz.de/10011600967
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Does money change who you are? Quasi-experimental evidence on the effects of wage increases on personality
Ayaita, Adam - 2022
Using the 2015 introduction of a statutory minimum wage in Germany as a quasi-experiment, I investigate the effects of …
Persistent link: https://www.econbiz.de/10013347613
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Distributional and behavioral effects of the gender wage gap
Gallego-Granados, Patricia; Geyer, Johannes - 2015
lower than male wages, what are the distributional consequences (disposable income) and what are the labor market effects … disposable income of households. This requires taking into account the distribution of working hours as well as the tax …-benefit system and other sources of household income. We present a methodological framework for deriving the gender wage gap in terms …
Persistent link: https://www.econbiz.de/10010516287
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Distributional and Behavioral Effects of the Gender Wage Gap
Gallego-Granados, Patricia; Geyer, Johannes - Forschungsbasierte Infrastruktureinrichtung … - 2015
lower than male wages, what are the distributional consequences (disposable income) and what are the labor market effects … disposable income of households. This requires taking into account the distribution of working hours as well as the tax …-benefit system and other sources of household income. We present a methodological framework for deriving the gender wage gap in terms …
Persistent link: https://www.econbiz.de/10011277343
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Willingness to take risk: The role of risk conception and optimism
Dohmen, Thomas; Quercia, Simone; Willrodt, Jana - 2019
We show that the disposition to focus on favorable or unfavorable outcomes of risky situations affects willingness to take risk as measured by the general risk question. We demonstrate that this disposition, which we call risk conception, is strongly associated with optimism, a stable facet of...
Persistent link: https://www.econbiz.de/10011994095
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Emotions, risk attitudes, and patience
Meier, Armando N. - 2019
Previous work has shown that preferences are not always stable across time, but surprisingly little is known about the reasons for this instability. I examine whether variation in people's emotions over time predicts changes in preferences. Using a large panel data set, I find that within-person...
Persistent link: https://www.econbiz.de/10012041905
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Thinking about tomorrow? Predicting experimental choice behavior and life outcomes from a survey measure of present bias
Dovern-Pinger, Pia Rosina - 2017
monetary payoffs inan incentive-compatible experiment, but not between payoffs at two future points in time. Third, the survey …
Persistent link: https://www.econbiz.de/10011748463
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Emotions and risk attitudes
Meier, Armando N. - 2021
Previous work has shown that preferences are not always stable across time, but surprisingly little is known about the reasons for this instability. I examine whether variation in people's emotions over time predicts changes in risk attitudes. Using a large panel data set, I identify happiness,...
Persistent link: https://www.econbiz.de/10012590976