This paper examines the impact of energy poverty on subjective well-being in Germany using longitudinal data from the German Socio-Economic Panel (SOEP) over the period 2010-2023. Exploiting within-individual variation, we estimate fixed-effects models using objective, subjective, and composite...

Prior studies assessing welfare across countries have utilised measures that combine country-level outcomes in income and life expectancy. However, this perspective remains blind to the fact that two countries may have the same life expectancy and/or average income but very different underlying...

Economic research on time use has traditionally focused on the total time individuals spend across different activities. However, less is known about time-use agency, or the ability to make strategic choices on allocating one’s time. This paper presents the findings from a novel,...

Digital transformation is a key driver of economic and social progress, and assessing its evolution is essential for guiding public policies. In the European Union (EU), until 2022 the European Commission published the quantitative values of the Digital Economy and Society Index (DESI); however,...

Gross Domestic Product (GDP) has long been used as a proxy for human progress, despite growing recognition of its limitations. Recently, numerous "beyond GDP" initiatives have emerged, promoting multidimensional dashboards to assess quality of life. However, these often lack a clear headline...

Gross Domestic Product (GDP) has long been used as a proxy for human progress, despite growing recognition of its limitations. Recently, numerous "beyond GDP" initiatives have emerged, promoting multidimensional dashboards to assess quality of life. However, these often lack a clear headline...

Empirical researchers often replace latent constructs with composite indices, treating this as a neutral data-processing step. We prove this is a consequential identification choice. Our (near) impossibility theorem demonstrates that no linear index can guarantee consistent estimates of all...

Recent work in economics has developed survey-based measures of economic preferences that are "experimentally" or "behaviorally validated." We scrutinize this approach focusing on the Global Preference Survey (Falk et al., 2018, 2023). Replicating their behavioral validation on almost 2,000...

Using information from the ECB's Bank Lending Survey, we examine how the implementation of borrower-based macroprudential measures (BBMs) between 2009-Q1 and 2023-Q3 affected mortgage lending standards in a sample of 15 euro area countries. We find that banks generally tightened credit standards...

We study how federal information-collection requirements affect public infrastructure spending of local governments. Exploiting the introduction and revision of the federal survey on highway infrastructure, we find that county roads that are randomly sampled by the survey attract more local...

This paper introduces the FinOpen index, a novel measure of capital flow management for 193 countries from 1996 to 2022. Using information from the IMF’s Annual Report on Exchange Arrangements and Exchange Restrictions (AREAER), the index is constructed by estimating the level of openness...

Improper quality adjustment has long been identified as a source of potential measurement bias in consumer price indices (CPIs). However, as no benchmark for quality adjustment exists, it has always been difficult to estimate a potential bias. For this paper, we develop a corridor in which...

Understanding poverty and well-being requires moving beyond income-based measures to account for how work and time are organized within households. While income and unpaid work sustain household living standards, in combination with leisure they determine how these standards are produced and...

The private sector offers reliable labor market data that policymakers, investors, and the public can use to guide their decisions. Revelio Labs provides monthly labor stats from billions of work records, tracking employment, openings, turnover, and pay. Alternative data is created beyond the...

Empirical evidence suggests that social acceptance of redistribution depends on whether income differences result from preferences (of which individuals are responsible) or from circumstances. We propose a new empirical method that measures the importance of preferences in the distribution of...

Can questions about life satisfaction be used to measure parental preferences for daughters versus sons? Daughter preference has rarely been documented in the literature, even in matrilineal settings. One possible reason is that the commonly used measures of parental gender preference, such as...

Time poverty is a key yet conceptually contested dimension of household living standards. Both univariate and bivariate measures remain debated because there is no clear consensus on how to define and quantify socially necessary unpaid work, the time that money cannot substitute for, across...

The availability of geocoordinates offers valuable insights into spatial patterns of economic, demographic and health outcomes. However, disclosing the exact geolocation of statistical units to secondary analysts contravenes the responsible use of data. To protect privacy, anonymisation methods...

While research has highlighted the benefits of variability in leader behavior to help deal with different demands, erratic variability in behavior might be problematic. Preliminary research suggests that when leader behavior seems to vary unpredictably, followers can perceive it as inconsistent,...

In this paper, we present the empirical methodology used to estimate the Levy Institute Measure of Time and Income Poverty (LIMTIP) for the United States over the period 2007-2022. We provide a step-by-step account of the statistical matching procedure employed to construct a synthetic dataset...

This paper introduces the Copula Asymmetry Index (CAI), a rolling, rank-based measure of asymmetric tail dependence between equity returns and implied-volatility proxies. CAI is defined as the difference between the empirical frequency of joint "equity-down & volatility-up" tail events and that...

This paper investigates child poverty in Germany through a multidimensional lens, combining Sen’s Capability Approach and Bourdieu’s Capital Theory to develop a adapted Multidimensional Poverty Index (MPI) for children above 11 and youth aged 17. Drawing on data from the German...

Distribution sensitive welfare and poverty measures are designed to respond to low values of individual income or consumption. However, very small positive values can have an extreme influence on many distribution sensitive measures, and some measures are not defined for nonpositive values....

Poverty is inherently multidimensional, encompassing both monetary and non-monetary dimensions. However, these outcomes are often collected in separate surveys, leaving the joint distribution partially unobserved. To improve social poverty comparisons, this paper proposes a new, simple method to...

Climate change is one of the most pressing challenges of this century. This is more so for developing and least-developed countries, which have limited means of adaptation and a high proportion of vulnerable populations. We empirically study the interconnection between climate and...

Vietnam's sustained poverty reduction has coincided with rising foreign direct investment (FDI) and a major shift from income-based to multidimensional poverty measurement, raising challenges for interpreting poverty dynamics and the role of FDI across regimes. This study examines the...

Self-control, attention, and impulsivity jointly support goal-directed behavior yet are often examined in isolation with heterogeneous measures. We integrate validated selfreported scales with a hybrid, incentivized behavioral task that synthesizes two canonical experimental designs and adds...

This paper examines how attitudes among supervisors, co-workers, and customers contribute to discrimination against sexual minorities in the workplace. A large, nationally representative sample in Chile was recruited in collaboration with a local firm. The survey employs a series of double list...

Subnational data on household welfare helps identify and monitor locations with high concentration of poverty and inequality, resulting in more efficient policy interventions. Yet, very few global databases on poverty and inequality exist at the subnational level. Using the World Bank's Global...

There are numerous measures of place-based quality of life, accompanied by ongoing debate over which factors should be included. Past studies have predominately relied on aspatial, subjectively weighted combinations of different place-based characteristics. Little attention has been given to the...

The literature on intergenerational mobility for many countries in the world focus on household surveys that capture the education of parents and their children. While they pay particular attention to issues regarding co-residency of fathers and son, they are somewhat weaker in information on...

We use a randomized experiment in the Bundesbank Online Panel-Households (n ≈ 3, 900) to show that the estimated link between inflation expectations and household consumption flips sign depending on survey wording. This finding reconciles prior contradictory results and has direct implications...

Geopolitical risk is a major concern for the euro area, yet widely used measures largely reflect a US perspective. We introduce a geopolitical risk indicator tailored to the euro area using local European news sources. Shocks to this index have significant recessionary and inflationary...

Subnational data on household welfare help identify and monitor locations with high concentration of poverty and inequality, resulting in more efficient policy interventions. Yet, very few global databases on poverty and inequality exist at the subnational level. Using the World Bank's Global...