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The welfare implications of addictive substances : a longitudinal study of life satisfaction of drug users

Moschion, Julie; Powdthavee, Nattavudh - 2017

This paper provides an empirical test of the rational addiction model, used in economics to model individuals' consumption of addictive substances, versus the utility misprediction model, used in psychology to explain the discrepancy between people's decision and their subsequent experiences. By...

Persistent link: https://www.econbiz.de/10011764676

The welfare implications of addictive substances : a longitudinal study of life satisfaction of drug users

Moschion, Julie; Powdthavee, Nattavudh - 2017

Persistent link: https://www.econbiz.de/10011772750

The shadow prices of voluntary caregiving : using panel data of well-being to estimate the cost of informal care

McDonald, Rebecca; Powdthavee, Nattavudh - 2018

This paper uses the wellbeing valuation (WV) approach to estimate and monetize the wellbeing impacts of informal care provision on caregivers. Using nationally representative longitudinal data from the U.K., we address two challenging methodological issues related to the economic valuation of...

Persistent link: https://www.econbiz.de/10011865578

Are happier people less judgmental of other people's selfish behaviors? : laboratory evidence from trust and gift exchange games

Drouvelis, Michalis; Powdthavee, Nattavudh - 2013

significantly moderated by an increase in happiness for the person making the judgment. …

Persistent link: https://www.econbiz.de/10009771743

The midlife crisis

Giuntella, Osea; McManus, Sally; Mujcic, Redzo; Oswald, … - 2022

Persistent link: https://www.econbiz.de/10013433632

The midlife crisis

Giuntella, Osea; McManus, Sally; Mujcic, Redzo; Oswald, … - 2022

Persistent link: https://www.econbiz.de/10013390998

The midlife crisis

Giuntella, Osea; McManus, Sally; Mujcic, Redzo; Oswald, … - 2022

This paper documents a longitudinal crisis of midlife among the inhabitants of rich nations. Yet middle-aged citizens in our data sets are close to their peak earnings, have typically experienced little or no illness, reside in some of the safest countries in the world, and live in the most...

Persistent link: https://www.econbiz.de/10013367287

Life Satisfaction and Grandparenthood: Evidence from a Nationwide Survey

Powdthavee, Nattavudh - Institute for the Study of Labor (IZA) - 2011

This paper tests whether there is a potential payoff to grandparenthood in terms of life satisfaction. Using the new nationwide survey for the UK, which consists of over 5,000 grandparents and 6,000 non-grandparents aged 40 and above, and a flexible multiple-index ordered probit model with...

Persistent link: https://www.econbiz.de/10009216296

Putting different price tags on the same health condition: Re-evaluating the well-being valuation approach

Powdthavee, Nattavudh; van den Berg, Bernard - In: Journal of Health Economics 30 (2011) 5, pp. 1032-1043

Many recent writings in health policy have proposed that health be valued directly and in monetary terms using the new well-being valuation method. Yet there is no clear consensus on what the best measure of individual's experience may be for the evaluation process. To shed light on this issue,...

Persistent link: https://www.econbiz.de/10010870839

Parental unemployment and children's happiness: A longitudinal study of young people's well-being in unemployed households

Powdthavee, Nattavudh; Vernoit, James - In: Labour Economics 24 (2013) C, pp. 253-263

Using a unique longitudinal data of British youths we estimate how adolescents' overall happiness is related to parents … positive influence on children's overall happiness. However, this positive association became either strongly negative or … statistically insignificant as the child grew older. The estimated effects of parental job loss on children's happiness also appear …

Persistent link: https://www.econbiz.de/10010719515

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