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The Paradox of Declining Female Happiness

Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2009

By many objective measures the lives of women in the United States have improved over the past 35 years, yet we show that measures of subjective well-being indicate that women’s happiness has declined both absolutely and relative to men. The paradox of women’s declining relative well-being...

Persistent link: https://www.econbiz.de/10005036241

The New Stylized Facts About Income and Subjective Well-Being

Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2013

In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...

Persistent link: https://www.econbiz.de/10011083711

Subjective and Objective Indicators of Racial Progress

Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2013

racial gaps such as those in income, employment, and education. Much of the current racial gap in well-being can be explained …

Persistent link: https://www.econbiz.de/10011084479

Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox

Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2008

The "Easterlin paradox" suggests that there is no link between a society’s economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive...

Persistent link: https://www.econbiz.de/10005667028

Interpreting Prediction Market Prices as Probabilities

Wolfers, Justin; Zitzewitz, Eric - C.E.P.R. Discussion Papers - 2006

While most empirical analysis of prediction markets treats prices of binary options as predictions of the probability of future events, Manski (2004) has recently argued that there is little existing theory supporting this practice. We provide relevant analytic foundations, describing sufficient...

Persistent link: https://www.econbiz.de/10005136573

More Schooling, More Children: Compulsory Schooling Reforms and Fertility in Europe

Fort, Margherita; Schneeweis, Nicole; Winter-Ebmer, Rudolf - C.E.P.R. Discussion Papers - 2011

We study the relationship between education and fertility, exploiting compulsory schooling reforms in Europe as source … of exogenous variation in education. Using data from 8 European countries, we assess the causal effect of education on … the number of biological kids and the incidence of childlessness. We find that more education causes a substantial …

Persistent link: https://www.econbiz.de/10009324255

The Causal Effect of Education on Health: What is the Role of Health Behaviors?

Brunello, Giorgio; Fort, Margherita; Schneeweis, Nicole; … - C.E.P.R. Discussion Papers - 2011

We study the contribution of health-related behaviors to the health-education gradient by distinguishing between short … we consider the entire history of behaviors. We use an empirical approach that addresses the endogeneity of education and … behaviors in the health production function. Focusing on self-reported poor health as our health outcome, we find that education …

Persistent link: https://www.econbiz.de/10009385763

Reducing Start-Up Costs for New Firms: The Double Dividend on the Labour Market

Dulleck, Uwe; Frijters, Paul; Winter-Ebmer, Rudolf - C.E.P.R. Discussion Papers - 2004

insurance against unemployment caused by labour market frictions and hence increases the incentives for education. We show … within a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also …

Persistent link: https://www.econbiz.de/10005789165

Peer Effects in Austrian Schools

Schneeweis, Nicole; Winter-Ebmer, Rudolf - C.E.P.R. Discussion Papers - 2005

This study deals with educational production in Austria and is focused on the potential impact of schoolmates on students’ academic outcomes. We used PISA 2000 data to estimate peer effects for 15 and 16 year old students. The estimations yield substantial positive effects of the peer...

Persistent link: https://www.econbiz.de/10005792354