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satisfaction with life to the same extent as a change in health satisfaction would do. In other words, we estimate the income … equivalent of health changes. Next, the health satisfaction changes are linked to specific diseases in order to estimate the … income equivalent for various diseases. This method uses answers to well-being and health satisfaction questions as posed in …
Persistent link: https://www.econbiz.de/10011435018
Subjective Well-Being has increasingly been studied by several economists. This paper fits in that literature but takes into account that there are different aspects of life such as health, financial situation, and job. We call them domains. In this paper, we consider Subjective Well-Being as a...
Persistent link: https://www.econbiz.de/10011435763
unobservable individual characteristics (panel data) and by using two measures of satisfaction (life and financial satisfaction …) and two definitions of reference group. By comparing results between satisfaction measures and across definitions of … literature, we find strong evidence of relative deprivation in financial satisfaction of all individuals in Tanzania, and …
Persistent link: https://www.econbiz.de/10012129871
Satisfaction Poverty Line, two the Leyden Poverty Line, and three the Subjective Well-Being Poverty Line. The first two poverty … lines are based on subjective questions regarding income and economic welfare while the last concept focuses on satisfaction …
Persistent link: https://www.econbiz.de/10011391770
Persistent link: https://www.econbiz.de/10011293747
Psychologists and sociologists usually interpret answers to happiness surveys as cardinal and comparableacross respondents (Kahneman et al. 1999). As a result, these social scientists run OLS regressionson happiness and changes in happiness. Economists, on the other hand, usually only assume...
Persistent link: https://www.econbiz.de/10011326407
This paper provides arguments in favor of using subjective questions as a proxy to measure welfare and well-being. This approach makes it possible to avoid having to define welfare and well-being means and having to identify the relevant indicators. Instead, individuals themselves define their...
Persistent link: https://www.econbiz.de/10011326409
income effect differing between richer and poor individuals. The analysis uses a self-reported measure of satisfaction with …
Persistent link: https://www.econbiz.de/10011326410
satisfaction with life to the same extent as a change in health satisfaction would do. In other words, the income equivalent of … health satisfaction changes is estimated. Next, this health satisfaction changes are linked to specific diseases in order to … estimate the income equivalent for these diseases. This method uses answers to well-being and health satisfaction questions as …
Persistent link: https://www.econbiz.de/10011326414
This paper contributes to the literature on subjective well-being (SWB) by taking into account different aspects of life, called domains, such as health, financial situation, job, leisure, housing, and environment. We postulate a two-layer model where individual total SWB depends on the...
Persistent link: https://www.econbiz.de/10011326415