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We examine how intergenerational mobility affects subjective wellbeing (SWB) using data from the British Cohort Study. Our SWB measures encapsulates both life satisfaction and mental health, and we consider both relative and absolute movements in income. We find that relative income mobility is...
Persistent link: https://www.econbiz.de/10012141156
Persistent link: https://www.econbiz.de/10009745196
We examine how intergenerational mobility affects subjective wellbeing (SWB) using data from the British Cohort Study. Our SWB measures encapsulates both life satisfaction and mental health, and we consider both relative and absolute movements in income. We find that relative income mobility is...
Persistent link: https://www.econbiz.de/10012864854
Persistent link: https://www.econbiz.de/10012659704
We examine how intergenerational mobility affects subjective wellbeing (SWB) using data from the British Cohort Study. Our SWB measures encapsulates both life satisfaction and mental health, and we consider both relative and absolute movements in income. We find that relative income mobility is...
Persistent link: https://www.econbiz.de/10012059641
The measurement of wellbeing is central to public policy. There are three uses for any measure: 1) monitoring progress; 2) informing policy design; and 3) policy appraisal. There has been increasing interest in the UK and around the world in using measures of subjective wellbeing (SWB) at each...
Persistent link: https://www.econbiz.de/10009368957
In order to value non-market goods, economists estimate individuals' willingness to pay (WTP) for these goods using revealed or stated preference methods. We compare these conventional approaches with subjective well-being (SWB), which is based on individuals' ratings of their happiness or life...
Persistent link: https://www.econbiz.de/10005796133
Income has a direct impact on our utility as well as an indirect impact through the goods, services and life events it allows us to purchase. The indirect effect of income is not properly accounted for in existing research that uses measures of cardinal utility for economic analysis. We propose...
Persistent link: https://www.econbiz.de/10009225962
Persistent link: https://www.econbiz.de/10003921495
This work considers the impact that a new sibling has on a child's health status. Objective health outcomes are observed before a new addition(s) to the family, with the same outcomes being observed afterwards. In addition, this work examines whether planning matters with respect to this...
Persistent link: https://www.econbiz.de/10009124391