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This paper offers methodological comments on a recent (November 2014) Economic Journal article. The comments consider its use of a dynamic model - the inclusion of a lagged dependent variable - and its approach to estimation. By way of critique, the authors highlight general issues regarding...
Persistent link: https://www.econbiz.de/10011419154
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The costs of violent crime victimisation are often left to a judge, tribunal or jury to determine; leading to the potential for considerable subjectivity and variation. Using unique panel data, this paper provides compensation estimates that can help reduce the subjectivity of awards by giving a...
Persistent link: https://www.econbiz.de/10011317630
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Using a high-frequency panel survey, we examine the sensitivity of estimated self-reported well-being (SWB) dynamics to using monthly, quarterly, and yearly data. This is an important issue if SWB is to be used to evaluate policy. Results from autoregressive models that account for...
Persistent link: https://www.econbiz.de/10014580720
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In this paper we address the question of how much of adult life satisfaction is predicted by childhood traits, parental characteristics and family socioeconomic status. Given the current focus of many national governments on measuring population well-being, and renewed focus on effective policy...
Persistent link: https://www.econbiz.de/10013122962
In this paper we address the question of how much of adult life satisfaction is predicted by childhood traits, parental characteristics and family socioeconomic status. Given the current focus of many national governments on measuring population well-being, and renewed focus on effective policy...
Persistent link: https://www.econbiz.de/10009310156
Persistent link: https://www.econbiz.de/10009663211
To measure poverty, incomes must be equivalized across households with different structures. In this paper, we use a very flexible ordered response model to analyze the relationship be- tween income, demographic structure and subjective assessments of financial wellbeing drawn from the 1991-2008...
Persistent link: https://www.econbiz.de/10009547288