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Does the stork deliver happiness? Parenthood and life satisfaction
Baetschmann, Gregori; Staub, Kevin E.; Studer, Raphael - Institut für Volkswirtschaftslehre, … - 2012
become mothers and of women eventually attaining a completed fertility of zero. We document that these groups' satisfaction …
Persistent link: https://www.econbiz.de/10010604137
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The Baby Boom and World War II: A Macroeconomic Analysis
Doepke, Matthias; Hazan, Moshe; Maoz, Yishay D. - Institut für Volkswirtschaftslehre, … - 2008
II. We develop a quantitative dynamic general equilibrium model with endogenous fertility and female labor … well as patterns for age-specific labor-force participation and fertility rates that are consistent with U.S data. …
Persistent link: https://www.econbiz.de/10005463546
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Does Parental Leave Affect Fertility and Return-to-Work? Evidence from a ”True Natural Experiment”
Lalive, Rafael; Zweimüller, Josef - Institut für Volkswirtschaftslehre, …
We study the causal effects of changes in parental leave provisions on fertility and return-to-work behavior. We … planned children and/or to increase fertility. We study the quantitative effect of this incentive using an empirical strategy … when the child became 18 months old brought about no change in fertility behavior, but a labor supply effect that is …
Persistent link: https://www.econbiz.de/10005627931
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Why does the amount of income redistribution differ between United States and Europe? The Janus face of Switzerland
Akkoyunlu, Sule; Neustadt, Ilja; Zweifel, Peter - Institut für Volkswirtschaftslehre, … - 2008
In this paper, the amount of income redistribution in the United States, the European Union, and Switzerland is compared and empirically related to economic, political, and behavioral determinants elaborated in the literature. Lying in between the two poles, Switzerland provides unique evidence...
Persistent link: https://www.econbiz.de/10005025598
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Conspicuous consumption and satisfaction
Winkelmann, Rainer - Institut für Volkswirtschaftslehre, … - 2011
Traditional tools of welfare economics identify the envy-related welfare loss from conspicuous consumption only under very strong assumptions. Measured income and life satisfaction offers an alternative for estimating such consumption externalities. The approach is developed in the context of...
Persistent link: https://www.econbiz.de/10009321754
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Heterogeneity in the relationship between happiness and age: Evidence from the German Socio-Economic Panel
Baetschmann, Gregori - Institut für Volkswirtschaftslehre, … - 2011
This paper studies the evolution of life satisfaction over the life course in Germany. It clarifies the causal interpretation of the econometric model by discussing the choice of control variables and the underidentification between age, cohort and time effects. The empirical part analyzes the...
Persistent link: https://www.econbiz.de/10010604130
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The Happiness Gains From Sorting and Matching in the Labor Market
Luechinger, Simon; Stutzer, Alois; winkelmann, Rainer - Institut für Volkswirtschaftslehre, … - 2006
Sorting of people on the labor market not only assures the most productive use of valuable skills but also generates individual utility gains if people experience an optimal match between job characteristics and their preferences. Based on individual data on reported satisfaction with life it is...
Persistent link: https://www.econbiz.de/10005585635
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The Role of Income Aspirations in Individual Happiness
Stutzer, Alois - Institut für Volkswirtschaftslehre, …
Does individual well-being depend on the absolute level of income and consumption or is it relative to one's aspirations? In a direct empirical test, it is found that higher income aspirations reduce people's utility, ceteris paribus. Individual data on reported satisfaction with life are used...
Persistent link: https://www.econbiz.de/10005585648
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The Role of Social Work Norms in Job Searching and Subjective Well-Being
Stutzer, Alois; Lalive, Rafael - Institut für Volkswirtschaftslehre, …
Social norms are usually neglected in economics, because they are to a large extent enforced through non-market interactions and difficult to isolate empirically. In this paper, we offer a direct measure of the social norm to work and we show that this norm has important economic effects. The...
Persistent link: https://www.econbiz.de/10005585651
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Valuing Public Goods: The Life Satisfaction Approach
Frey, Bruno S.; Luechinger, Simon; Stutzer, Alois - Institut für Volkswirtschaftslehre, …
This paper discusses a novel approach to elicit people’s preferences for public goods, namely the life satisfaction approach. Reported subjective well-being data are used to directly evaluate utility consequences of public goods. The strengths of this approach are compared to traditional...
Persistent link: https://www.econbiz.de/10005585656