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Household Finances and Social Interaction: Bayesian Analysis of Household Panel Data
Brown, Sarah; Ghosh, Pulak; Taylor, Karl - Institute for the Study of Labor (IZA) - 2014
types of debt and financial assets held conditional on holding the different types of debt and assets. The analysis suggests … amounts of both debt (unsecured and secured) and assets (property and non-housing), even after conditioning on the probability …
Persistent link: https://www.econbiz.de/10010959752
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Limited Self-Control, Obesity and the Loss of Happiness
Stutzer, Alois - Institute for the Study of Labor (IZA) - 2007
Obesity has become a major health issue. Research in economics has provided important insights as to how technological … progress reduced the relative price of food and contributed to the increase in obesity. However, the increased availability of …’s well-being. It is found that obesity decreases the well-being of individuals who report limited self-control, but not …
Persistent link: https://www.econbiz.de/10005822806
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Economic Development, Novelty Consumption, and Body Weight: Evidence from the East German Transition to Capitalism
Dragone, Davide; Ziebarth, Nicolas R. - Institute for the Study of Labor (IZA) - 2015
weight and obesity rates. We first introduce the concept of novelty consumption, which refers to an increase in food …
Persistent link: https://www.econbiz.de/10011264784
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Imitative Obesity and Relative Utility
Blanchflower, David G.; Oswald, Andrew J.; Van … - Institute for the Study of Labor (IZA) - 2009
If human beings care about their relative weight, a form of imitative obesity can emerge (in which people …-effects estimates are not always well-determined, but there are grounds to take seriously the possibility of socially contagious obesity. …
Persistent link: https://www.econbiz.de/10004999153
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Obesity, Unhappiness, and The Challenge of Affluence: Theory and Evidence
Oswald, Andrew J.; Powdthavee, Nattavudh - Institute for the Study of Labor (IZA) - 2007
which there can be obesity spirals after only small drops in the price of food. …
Persistent link: https://www.econbiz.de/10005762107
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The Subjective Costs of Health Losses due to Chronic Diseases: An Alternative Model Appraisal
Ferrer-i-Carbonell, Ada; Praag, Bernard M.S. van - Institute for the Study of Labor (IZA) - 2001
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/10005763745
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Age-Differentiated QALY Losses
Praag, Bernard M.S. van; Ferrer-i-Carbonell, Ada - Institute for the Study of Labor (IZA) - 2001
In this paper we evaluate the QALY losses, which are linked to the prevalence of specific chronic illnesses and impediments. The analysis is based on the individual self-rating health satisfaction question asked in the British Household Panel Survey data set. Our method is a refinement of the...
Persistent link: https://www.econbiz.de/10005763856
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Funding Self-Employment: The Role of Consumer Credit
Kneiding, Christoph; Kritikos, Alexander S. - Institute for the Study of Labor (IZA) - 2011
This paper investigates whether self-employed households use consumer loans – in particular instalment loans and overdrafts – to finance business activities. Controlling for financial and non-financial household variables we show that self-employed households particularly use personal...
Persistent link: https://www.econbiz.de/10009371179
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Exponential Growth Bias and Financial Literacy
Almenberg, Johan; Gerdes, Christer - Institute for the Study of Labor (IZA) - 2011
The tendency to underestimate the future value of a variable growing at a constant rate, an example of exponential growth bias, has been linked to household financial decision making. We show that exponential growth bias and standard measures of financial literacy are negatively correlated in a...
Persistent link: https://www.econbiz.de/10009151027
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Savings and Prize-Linked Savings Accounts
Atalay, Kadir; Bakhtiar, Fayzan; Cheung, Stephen L.; … - Institute for the Study of Labor (IZA) - 2012
Many households have insufficient savings to handle moderate and routine consumption shocks. Many of these financially fragile households also have the highest lottery expenditures as a proportion of income. This combination suggests that Prize-Linked Savings (PLS) accounts, that combine...
Persistent link: https://www.econbiz.de/10010959657