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Society drifts apart in many dimensions. Economists focus on income of the poor and rich and the distribution of income … of multidimensional polarization we extend the income dimension by time, a pre-requisite and fundamental resource of any … polarization we allow compensation between time and income, parameters of a CES-type subjective well-being function, where a …
Persistent link: https://www.econbiz.de/10012703081
Society drifts apart in many dimensions. Economists focus on income of the poor and rich and the distribution of income … of multidimensional polarization we extend the income dimension by time, a pre-requisite and fundamental resource of any … polarization we allow compensation between time and income, parameters of a CES-type subjective well-being function, where a …
Persistent link: https://www.econbiz.de/10012703698
Based on their objective economic situation and comparing with their peers, individuals form perceptions of their economic position in a society. Data from the three waves of the Life in Transition surveys of European countries show that these perceptions systematically deviate from the rankings...
Persistent link: https://www.econbiz.de/10012390602
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income, relative income (i.e. how individual income compares to those of peers), individual health, and relative health …, Ageing, and Retirement in Europe’ and the ‘Health and Retirement Study’ for the US. All countries display some socioeconomic … countries. In contrast, individual and relative income matter in some countries, such as the US, and not in others, for example …
Persistent link: https://www.econbiz.de/10011289080
The wave of upbeat stories on the developing world's emerging middle class has reinvigorated a debate on how social class in general and the middle class in particular ought to be defined and empirically measured. With the aim of adding clarity to this debate, this dissertation provides a...
Persistent link: https://www.econbiz.de/10012153013
-being in China over the period 2005-2010 during which self-reported happiness scores show an increase across all income groups … conditional on having the same income, there is no rural-urban happiness gap. Our results suggest that while further decline in …. Ordered probit regression analysis of well-being reveals large influence of gender, rural residency and household income …
Persistent link: https://www.econbiz.de/10011449772