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In this article, we explore the implications of this literature for understanding the relationship between climate change policies and consumption. We identify a number of ways in which accounting for the implications of the new happiness literature could lead to laws and policies that influence...
Persistent link: https://www.econbiz.de/10012755017
employment status or other measures of human capital, such as health and education. These findings have policy relevance, since …
Persistent link: https://www.econbiz.de/10014091264
In this paper we use the enhanced consumption data in the Panel Survey of Income Dynamics (PSID) from 2005-2017 to … explore the transmission of income shocks to consumption. We build on the nonlinear quantile framework introduced in Arellano …, Blundell and Bonhomme (2017). Our focus is on the estimation of consumption responses to persistent nonlinear income shocks in …
Persistent link: https://www.econbiz.de/10014248416
lower-income respondents (average decline in FWB score of 2.3 points, 95% CI [-3.385, -1.171] and increases the share with a …
Persistent link: https://www.econbiz.de/10015412116
In this paper we look at the relationship between health and income as mediated by "lifestyle" choices; that is, a set … of behaviours which are thought to influence health and are generally considered to invoke a substantial degree of free … choice. The main underlying assumption is that individuals are co-producers of their own health. We first present a …
Persistent link: https://www.econbiz.de/10011308440
. Using a novel dataset from the emerging economy of Kazakhstan we find that internal migrants earn an income and status …
Persistent link: https://www.econbiz.de/10009771815
Persistent link: https://www.econbiz.de/10010338895
This paper describes a dynamic system for the interrelationships between happiness and health that considers three main … empirical and theoretical studies to affect individual health and happiness are included (i.e., employment, occupation …-ante, and ex-post behavioural. I develop the model to rank the three attitudes in terms of health for a given happiness level …
Persistent link: https://www.econbiz.de/10011730009
Persistent link: https://www.econbiz.de/10012586676
Persistent link: https://www.econbiz.de/10012293279