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Despite the relatively extensive research on pay levels and the consequences of income disparities, little is known about which reference groups people choose for comparative evaluation of personal income and why different selection patterns emerge. The aim of this paper is to dig deeper for...
Persistent link: https://www.econbiz.de/10008826564
Persistent link: https://www.econbiz.de/10001972641
Does happiness vary with age? The evidence is inconclusive. Some studies show happiness to increase with age (Diener et … Christian, 1998; Blanchflower and Oswald, 2008) or highest happiness levels occurring during middle age (Easterlin, 2006 … and cohorteffects. Secondly, all empirical research lacks a theoretical explanation as to why age affects happiness. The …
Persistent link: https://www.econbiz.de/10011636115
Posner (1995) proposes the redistribution of health spending from old women to old men to equalize life expectancy. His argument is based on the assumption that the woman's utility is higher if her husband is alive. Using self-reported satisfaction measures from a long-running German panel...
Persistent link: https://www.econbiz.de/10008826563