Showing 1 - 6 of 6
comparison income effect. In East Germany the reference income effects are insignificant for all. With data from the British …
Persistent link: https://www.econbiz.de/10013119018
In contrast to previous results combining all ages we find positive effects of comparison income on happiness for the under 45s, and negative effects for those over 45. In the BHPS these coefficients are several times the magnitude of own income effects. In GSOEP they cancel to give no effect of...
Persistent link: https://www.econbiz.de/10013080131
How does the value of a firm change in response to a minimum wage hike? The evidence we have to date is not well-suited to answer this question, principally because events that have been studied are not completely unknown to the stock market or have uncertainty associated with them. This paper...
Persistent link: https://www.econbiz.de/10012992737
Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over nearly two decades, for samples split by education, and age – to our knowledge for the first time. The highly educated went from lowest to highest LS, though their average...
Persistent link: https://www.econbiz.de/10012942102
The paper makes three contributions to the economics literature on entrepreneurship. We offer a new measure of entrepreneurship which accounts for variations in persistence in self-employment and as a result avoids the weakness of approaches which categorise an individual as an entrepreneur by...
Persistent link: https://www.econbiz.de/10013317438
This paper examines the relationship between immigration and crime in a setting where large migration flows offer an opportunity to carefully appraise whether the populist view that immigrants cause crime is borne out by rigorous evidence. We consider possible crime effects from two large waves...
Persistent link: https://www.econbiz.de/10013141725