Showing 1 - 10 of 16
attitudes towards the income distribution in a society: the normative and the comparative view. The first can be thought of as …We review the survey and experimental findings in the literature on attitudes to income inequality. We interpret the … the individual's disinterested evaluation of income inequality; on the contrary, the second view reflects self …
Persistent link: https://www.econbiz.de/10011105408
This paper asks what low-income countries can expect from growth in terms of happiness. It interprets the set of … available international evidence pertaining to the relationship between income growth and subjective well-being. Consistent with … the Easterlin paradox, higher income is always associated with higher happiness scores, except in one case: whether growth …
Persistent link: https://www.econbiz.de/10008876568
on income. This paper provides estimates of the effects of trade and immigration on income in a unified framework. We … income per capita unaffected because of an offsetting negative effect on TFP. In contrast, trade flows appear to increase … income per capita, mainly through TFP growth, and have no impact on the employment rate. The positive employment effect of …
Persistent link: https://www.econbiz.de/10008922963
The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10009294836
We provide the first twin-based estimates of the intergenerational transmission of income between fathers and sons …. Using Swedish register data on the income of monozygotic twin fathers and their sons, we are able to control for unobserved … income elasticity of 0.276, while our twin-based intergenerational income elasticity is 0.12. This is close to the estimate …
Persistent link: https://www.econbiz.de/10009323385
There is now a great deal of micro-econometric evidence, both cross-section and panel, showing that income is … measures of utility, and resolve the Easterlin paradox by appealing to income comparisons: these can be to others (social …
Persistent link: https://www.econbiz.de/10010738736
We use British panel data to determine the exogenous impact of income on a number of individual health outcomes … allow us to make causal statements regarding the effect of income on health, as the amount won by winners is largely … exogenous. Positive income shocks have no significant effect on self-assessed overall health, but a significant positive effect …
Persistent link: https://www.econbiz.de/10010738772
This paper asks what low-income countries can expect from growth in terms of happiness. It interprets the set of … available international evidence pertaining to the relationship between income growth and subjective well-being. Conforming to … the Easterlin paradox, higher income always correlates with higher happiness, except in one case: whether national income …
Persistent link: https://www.econbiz.de/10010738855
We consider the link between poverty and subjective well-being, and focus in particular on the role of time. We use panel data on 42,500 individuals living in Germany from 1992 to 2010 to uncover four empirical relationships. First, life satisfaction falls with both the incidence and intensity...
Persistent link: https://www.econbiz.de/10010739011
We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to poverty. We use panel data on almost 45,800 individuals living in Germany from 1992 to 2011 to show first that life satisfaction falls with both the incidence and intensity of...
Persistent link: https://www.econbiz.de/10010739092