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The Cost of Binge Drinking
Francesconi, Marco; James, Jonathan - CESifo - 2015
We estimate the effect of binge drinking on accident and emergency attendances, road accidents, arrests, and the number of police officers on duty using a variety of unique data from Britain and a two-sample minimum distance estimation procedure. Our estimates, which reveal sizeable effects of...
Persistent link: https://www.econbiz.de/10011167139
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Poverty and Welfare Measurement on the Basis of Prospect Theory
Jäntti, Markus; Kanbur, Ravi; Nyyssölä, Milla; … - CESifo - 2013
differences between standard poverty and inequality measures based on observed income and measures that are calculated based on …This paper examines the measurement of social welfare, poverty and inequality taking into account reference … new notion of equivalent income, the income level with which the individual would be as well off, evaluated using a …
Persistent link: https://www.econbiz.de/10010607471