Showing 1 - 10 of 78
We look for evidence of habituation in twenty waves of German panel data: do individuals, after life and labour market events, tend to return to some baseline level of well-being? Although the strongest life satisfaction effect is often at the time of the event, we find significant lag and lead...
Persistent link: https://www.econbiz.de/10010745154
We look for evidence of adaptation in wellbeing to major life events using eighteen waves of British panel data. Adaptation to marriage, divorce, birth of child and widowhood appears to be rapid and complete; this is not so for unemployment. These findings are remarkably similar to those in...
Persistent link: https://www.econbiz.de/10011126217
Subjective wellbeing data is becoming increasingly popular in economics research. The wellbeing valuation approach uses wellbeing data instead of data gleaned from preferences to attach monetary values to non-market goods. This method could be an important alternative to preference-based...
Persistent link: https://www.econbiz.de/10010744987
While most studies of the decision to immigrate focus on the absolute income differences between countries, we argue that relative change in purchasing power or status, as captured by an individual’s ranking in the wage distribution, may also be important. This will in turn be influenced by...
Persistent link: https://www.econbiz.de/10010745393
Successive British governments have committed substantial public resources to apprentice training, but far too few young people benefit and not enough high value skills have been developed. That is the central conclusion of a new report published by the Centre for Economic Performance (CEP). The...
Persistent link: https://www.econbiz.de/10010745452
This paper examines the impact of the Working Families Tax Credit (WFTC) on employment retention and advancement. The WFTC, which replaced Family Credit in October 1999, supplemented earnings of low paid workers living in low income families. It was designed to increase the financial incentive...
Persistent link: https://www.econbiz.de/10010745840
This paper examines the impact of the Working Families Tax Credit (WFTC) on employment retention and advancement. The WFTC, which replaced Family Credit in October 1999, supplemented earnings of low paid workers living in low income families. It was designed to increase the financial incentive...
Persistent link: https://www.econbiz.de/10010746272
This paper summarizes research on the relative level of intergenerational mobility – whether classified by income, education or social class. The literatures on education and income mobility reveal a similar ranking with South America, other developing nations, southern European countries and...
Persistent link: https://www.econbiz.de/10011126209
/4 and 2006/7 to estimate commuting costs’ effect on the decision to switch job and move house. Standard theory predicts that …
Persistent link: https://www.econbiz.de/10010884543
This paper is about the labour market consequences of creative destruction with on-the-job search. We consider a … allowing on-the-job search. We obtain that the elasticity of unemployment with respect to growth shrinks from 1.63 to 0 … flow of job-to-job transitions. These effects persist even if employed job seekers are significantly less efficient in the …
Persistent link: https://www.econbiz.de/10010744813