Showing 1 - 10 of 36
Integrated assessment models lack a microeconomic foundation in modelling environmental damages to the economy. To overcome this, damage coefficients are incorporated in standard microeconomic models. Firms and consumers take both damages and prices as given. Demand, supply, profit and...
Persistent link: https://www.econbiz.de/10004963777
This paper applies the concept of damage coefficients introduced in Houba and Kremers (2008) to provide an estimate of the cost of climate change - in particular the cost of changes in mean regional temperature and precipitation - to the fruit vegetation sector. We concentrate on the production...
Persistent link: https://www.econbiz.de/10004963779
Economic losses caused by tropical cyclones have increased dramatically. It can be assumed that most losses are due to increased prosperity and a greater tendency for people to settle in exposed areas, but also that the growing incidence of severe cyclones is due to climate change. This paper...
Persistent link: https://www.econbiz.de/10005069077
This paper analyzes the influence of children's health and mothers' physical and mental well-being on female labor force participation after childbirth in Germany. Our analysis uses data from the German Socio-Economic Panel (SOEP) study, which enables us to measure chil-dren's health based on...
Persistent link: https://www.econbiz.de/10005068731
This paper proposes a method to evaluate health losses or gains by looking at the impact on well-being of a change in health status. The paper presents estimates of the equivalent income change that would be necessary to change general satisfaction with life to the same extent as a change in...
Persistent link: https://www.econbiz.de/10005068960
Using merged data from the British Household Panel Survey (BHPS) and the German Socio-Economic Panel (SOEP), this paper applies a parametric difference-in-differences approach to assess the real effects of the introduction of the Euro on subjective well-being. A complementary nonparametric...
Persistent link: https://www.econbiz.de/10004963628
Whereas life expectancy continues to increase in most industrialized countries many developing and transition countries are today confronted with decreases in life expectancy. Usual measures employed to compare welfare over time and space fail to deal with such demographic change and may lead to...
Persistent link: https://www.econbiz.de/10004963677
Welfare-oriented analyses of economic outcome measures such as income and wealth generally rest on the assumption of … distribution of income and wealth within the household context. Based on unique individual-level wealth data from the German Socio … evidence for a significant gender wealth gap of about 30,000 euros in Germany, which amounts to almost 50,000 euros for married …
Persistent link: https://www.econbiz.de/10004963727
This article deals with various methods for dealing with income advantages of owner occupied housing (imputed rents). It also explores the effects of such advantages on the distribution of individual income. Following a description of the theoretical aspects of the various methods as well as...
Persistent link: https://www.econbiz.de/10004963867
In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income satisfaction will be developed. In contrast to other subjective approaches, the present one benefits from the fact that no direct cardinal individual welfare function has to be...
Persistent link: https://www.econbiz.de/10004963911