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Income satisfaction inequality and its causes

Ferrer-i-Carbonell, Ada; Praag, Bernard M. S. van - 2001

In this paper, the concept of Income Satisfaction Inequality is operationalized on the basis of individual responses to … analogue of the objective income concept and includes objective income inequality as a special case. The paper introduces a … method to decompose Income Satisfaction Inequality according to the contributions from variables such as income, education …

Persistent link: https://www.econbiz.de/10011326418

Income satisfaction inequality and its causes

Ferrer-i-Carbonell, Ada; Praag, Bernard M. S. van - 2001

Persistent link: https://www.econbiz.de/10001647204

Well-being inequality and reference groups : an agenda for new research

Praag, Bernard M. S. van - 2010

Persistent link: https://www.econbiz.de/10003934246

The shadow price of aircraft noise nuisance

Praag, Bernard M. S. van; Baarsma, Barbara - 2000

This paper has a twofold objective. First, we develop a new method toassess the monetary value for individuals of external effects (viz., aircraftnoise nuisance) which are not or only partly internalized in market prices. The method makes use of an ordinal index of life satisfaction as scored by...

Persistent link: https://www.econbiz.de/10011302607

A structural model of well-being : with an application to German data

Praag, Bernard M. S. van; Frijters, Paul; … - 2000

In this paper we attempt to explain individual, ordinally comparable,satisfaction levels. We postulate a simultaneous equation model where general satisfaction isexplained by exogenous shock and level variables, and by the values of the satisfactionswith respect to six distinct endogenous...

Persistent link: https://www.econbiz.de/10011303878

Risk aversion and the subjective time discount rate : a joint approach

Praag, Bernard M. S. van; Booij, Adam S. - 2003

In this paper we analyze a large sample of individual responses to six lottery questions. Wederive a simultaneous estimate of risk aversion ? and the time preference discount rate ? perindividual. This can be done because the consumption of a large prize is smoothed over a largertime period. It...

Persistent link: https://www.econbiz.de/10011333268

Using happiness surveys to value intangibles : the case of airport noise

Praag, Bernard M. S. van; Baarsma, Barbara - 2004

We assess the monetary value of the noise damage, caused by aircraft noise nuisance around Amsterdam Airport, as the sum of hedonic house price differentials and a residual cost component. The residual costs are assessed from a survey, including an ordinal life satisfaction scale, on which...

Persistent link: https://www.econbiz.de/10011334840

Empirical estimation results of a collective household time allocation model

Klaveren, Chris van; Praag, Bernard M. S. van; Maassen … - 2005

the main accent still lies on the development of theory. The novelty of this paper is that we empirically estimate the two …

Persistent link: https://www.econbiz.de/10011346466

The shadow price of aircraft noise nuisance

Praag, Bernard M. S. van; Baarsma, Barbara - 2001

This paper has a twofold objective. First, we develop a new method to assess the monetary valuefor individuals of external effects. The method makes use of an ordinal index of life satisfaction asscored by individual respondents who are subjected in varying intensity to the external effect....

Persistent link: https://www.econbiz.de/10011313927

The sustainability of the pay-as-you-go system with falling birth rates

Praag, Bernard M. S. van; Cardoso, Pedro - 2002

will result in a reduction of average welfare and an increase in the income inequality between workers and retired people/individuals. …

Persistent link: https://www.econbiz.de/10011326408