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Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over … from lowest to highest LS, though their average income was always higher. In spite of rapid income growth up to 2008 …/09, the less educated showed no rise in LS, while highly educated LS rose after the crash despite declining real income. In …
Persistent link: https://www.econbiz.de/10011770417
Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over … from lowest to highest LS, though their average income was always higher. In spite of rapid income growth up to 2008 …/09, the less educated showed no rise in LS, while highly educated LS rose after the crash despite declining real income. In …
Persistent link: https://www.econbiz.de/10012942102
Persistent link: https://www.econbiz.de/10015075406
sensitivity of income estimates used in valuation. We address the endogeneity issue by decomposing wellbeing losses into those … relative who had not had an accident. We use of the Fixed Effects Filtered (FEF) estimator to enable the permanent income … coefficient to be estimated free from individual fixed effects bias. This estimate is used instead of the transient income effect …
Persistent link: https://www.econbiz.de/10011865578
In normative public economics it is crucial to know how fast the marginal utility of income declines as income …, using a number of assumptions, we are able to estimate the elasticity of marginal utility with respect to income. We obtain …
Persistent link: https://www.econbiz.de/10012725445
examine the impact of the Great Recession on subjective well-being (as measured by life satisfaction) and attempt to identify … disparate effects by age. We find that those approaching retirement age (aged 55 to 64) experienced reduced life-satisfaction … after the recession, whereas younger working-aged adults did not. The disparate effects by age cannot be explained by income …
Persistent link: https://www.econbiz.de/10011595922
This paper empirically assesses the theory of interpersonal income comparison using individual level data on suicide … systematically related to the income of others, holding own income and other individual factors fixed. We estimate proportional … census. Results from both data sources show that, controlling for own income and individual characteristics, individual …
Persistent link: https://www.econbiz.de/10012728721
What is subjective well-being influenced by? Since the Report by the Commission on the Measurement of Economic Performance and Social Progress by Stiglitz, Sen and Fitoussi a huge number of studies has raised this question – with partly different findings. In addition, international...
Persistent link: https://www.econbiz.de/10013045093
analysed by gender. Basic results are: health worsens, income declines and satisfaction is poorer with higher body mass index …Based on the German Socio-Economic Panel, the influence of the body mass index on health, earnings and satisfaction is …. Underweight women earn more and overweight less than others. For normal-weight men the income is on average higher than for over …
Persistent link: https://www.econbiz.de/10011972451
analysed by gender. Basic results are: health worsens, income declines and satisfaction is poorer with higher body mass index …Based on the German Socio-Economic Panel, the influence of the body mass index on health, earnings and satisfaction is …. Underweight women earn more and overweight less than others. For normal-weight men the income is on average higher than for over …
Persistent link: https://www.econbiz.de/10011981371