Showing 1 - 6 of 6
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
This research tested the idea that lack of material resources (e.g., low income) causes people to make harsher moral … behavior. Consistent with this idea, a large cross-cultural survey (Study 1) found that both chronic (low income) and … stronger for low-income individuals, whom inflation renders relatively more vulnerable. A follow-up experiment (Study 2) caused …
Persistent link: https://www.econbiz.de/10010738761
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
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/10010739114
Professional accountants have accepted for decades net income a the key performance measure of a business. The IASB … decision in 2007 to require the publication of comprehensive income as it has been the case since 1997 in the United States …, has fed the long time debate regarding the concept of income. In this paper, we will go through some background about both …
Persistent link: https://www.econbiz.de/10008794150
plausible conditions offer alternative explanations of households' location by income within a city. These include the existence …
Persistent link: https://www.econbiz.de/10010633192