Showing 1 - 10 of 14
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 women's utility is higher if they are married. Thus, extending the lifespan of men would benefit women. Using life satisfaction data...
Persistent link: https://www.econbiz.de/10008517984
This paper applies semiparametric regression models using penalized splines to investigate the profile of well-being over the life span. Splines have the advantage that they do not require a priori assumptions about the form of the curve. Using data from the British Household Panel Survey (BHPS)...
Persistent link: https://www.econbiz.de/10005012885
This paper applies semiparametric regression models using penalized splines to investigate the profile of well-being over the life span. Splines have the advantage that they do not require a priori assumptions about the form of the curve. Using data from the British Household Panel Survey (BHPS)...
Persistent link: https://www.econbiz.de/10005068814
We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann-Morgenstern utilities of the individuals. After examining the...
Persistent link: https://www.econbiz.de/10010959826
Using a unique dataset we study both the actual and self-perceived relationship between subjective well-being and income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of questions than in previous studies. In questions inserted into a...
Persistent link: https://www.econbiz.de/10005015487
Using a micro-level approach to poverty traps, this paper explores welfare dynamics among households in post-war rural Mozambique. Conceptually, the paper builds on an asset-based approach to poverty and tests empirically, with household panel data, for the existence of a poverty trap. Findings...
Persistent link: https://www.econbiz.de/10008694064
We study the effect of real versus nominal income on life satisfaction. According to economic theory real income, i.e., nominal income adjusted for purchasing power, should be the relevant source of life satisfaction. Previous work, however, has only studied the impact of nominal income. We use...
Persistent link: https://www.econbiz.de/10010638877
We link life-satisfaction data to inequality of the pre-government income distribution at the regional level, to … estimate the degree of inequality aversion. In addition, we investigate whether a reduction in inequality by the state … increases individual well-being. We find that Germans are inequality averse over the entire income distribution. However …
Persistent link: https://www.econbiz.de/10005762331
We analyze the determinants of global life satisfaction in two countries (The Netherlands and the U.S.), by using both self-reports and responses to a battery of vignette questions. We find global life satisfaction of happiness is well-described by four domains: job or daily activities, social...
Persistent link: https://www.econbiz.de/10004969326
We link life-satisfaction data to inequality of the pre- and post-government income distribution at the regional level …, to estimate the degree of inequality aversion. Three different inequality measures are used. In addition, we investigate … whether a reduction in inequality by the state increases individual well-being. We find only weak evidence that Germans are …
Persistent link: https://www.econbiz.de/10005822315