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We add to the literature on the driving forces of international migration. While the existing literature establishes that income differences, migration costs, and certain other factors (e.g. climate or human rights) affect the migration decision, we focus on the broader role of nonpecuniary...
Persistent link: https://www.econbiz.de/10014113656
The positive relationship between income and subjective wellbeing has been well documented. However, work assessing the relationship of alternative material wellbeing metrics to subjective wellbeing is limited. Consistent with the permanent income hypothesis, we find that a consumption measure...
Persistent link: https://www.econbiz.de/10012982856
We analyse the relationship between subjective wellbeing (SWB) and the World Bank's measure of a country's economic sustainability, adjusted net savings (ANS). We model SWB at individual level and at aggregated group level as a function of past ANS levels, after controlling for a country's...
Persistent link: https://www.econbiz.de/10012917920
Many aggregate measures of wellbeing and sustainability exist to guide policy-makers. However, the power of these aggregate measures to predict objective wellbeing outcomes has received little comparative testing. We compile and compare a range of aggregate wellbeing measures including: material...
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We study the association between fiscal policy and subjective wellbeing using fiscal data on 34 countries across 129 country-years, combined with over 170,000 people’s subjective wellbeing scores. While past research has found that "distortionary taxes" (e.g. income taxes) are associated with...
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