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Access to water and sanitation (target 10) is an important ingredient of quality of life. As per WHO-UNICEF assessments, globally, 77 per cent of population had access to water in 1990. This proportion has increased to 83 per cent in 2002, thus, on track to achieve the target of halving the...
Persistent link: https://www.econbiz.de/10010284586
The paper compares different estimation strategies of ordered response models in the presence of non-random unobserved heterogeneity. By running Monte Carlo simulations with a range of randomly generated panel data of differing cross-sectional and longitudinal dimension sizes, we assess the...
Persistent link: https://www.econbiz.de/10010311684
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/10010324885
We analyze the effect of house price changes on debt secured on dwellings in Norway. To this end, we use both macro time series and micro panel data. With the intention of being both a cross-check and motivation for the micro analysis, we estimate a structural vector auto regression using macro...
Persistent link: https://www.econbiz.de/10012143773
We test the impact of online hotel ratings on the customers' hotel choice using a binary choice experiment where the online rating score is one of the hotels' attributes. Results show that online rating scores have a positive and significant impact on hotel choice. We also calculate the...
Persistent link: https://www.econbiz.de/10012209567
The design of alternative tariff structures can serve as a low-cost and effective tool in achieving higher take-up of basic services among poor households while allowing the provider to recover costs. A contingent valuation survey from the Water Supply and Sanitation Project of the Asian...
Persistent link: https://www.econbiz.de/10010507390
We evaluate the demand for long term care (LTC) insurance prospects in a stated preference context, by means of the … techniques have not been used yet for studying the demand for LTC services. In this paper these methods are first of all used in …
Persistent link: https://www.econbiz.de/10010312439
demand for first-generation wireless services using (i) consumerlevel panel data from a real world pricing experiment and (ii … conditional usage probability small. Demand for first-generation wireless services was highly elastic and the welfare gains to an … (early) adopter moderate. Pricing and taxation of wireless services had a large suppressing effect on demand …
Persistent link: https://www.econbiz.de/10010285085
Empirical studies on the relationship between income and happiness commonly use standard ordered response models, the most well-known representatives being the ordered logit and the ordered probit. However, these models restrict the marginal probability effects by design, and therefore limit the...
Persistent link: https://www.econbiz.de/10010315474
This paper uses recent data for Germany and a new outcome variable to assess the consequences of parental separation on the well-being of youths. In particular, it is considered how subjective well-being, elicited from an ordinal 11-point general life satisfaction question, differs between...
Persistent link: https://www.econbiz.de/10010315518