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The New Stylized Facts about Income and Subjective Well-Being
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - Institute for the Study of Labor (IZA) - 2012
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...
Persistent link: https://www.econbiz.de/10010635588
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Modern Economic Growth and Quality of Life: Cross Sectional and Time Series Evidence
Easterlin, Richard A.; Angelescu, Laura - Institute for the Study of Labor (IZA) - 2007
sometimes, as in the case of happiness and life satisfaction, QoL indicators remain unchanged despite a doubling or more of real …
Persistent link: https://www.econbiz.de/10005703354
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Subjective Well-Being, Income, Economic Development and Growth
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - Institute for the Study of Labor (IZA) - 2010
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same …-being. Finally, studying changes in satisfaction over time, we find that as countries experience economic growth, their citizens …
Persistent link: https://www.econbiz.de/10008682244
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Urbanization, Natural Amenities, and Subjective Well-Being: Evidence from U.S. Counties
Winters, John V.; Li, Yu - Institute for the Study of Labor (IZA) - 2015
asks respondents to rate their overall life satisfaction. Using individual-level SWB data allows us to control for several … having a significant positive effect on self-reported life-satisfaction. Implications for researchers and policymakers are …
Persistent link: https://www.econbiz.de/10011264781
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Wages, Rents and Heterogeneous Moving Costs
Krupka, Douglas James; Donaldson, Kwame - Institute for the Study of Labor (IZA) - 2007
The model of compensating differentials in regional labor markets was developed by Roback (1982). The model interprets regional differences in constant quality wages and rents as compensating firms and residents for inter-regional differences in amenities. The model assumes that the costs of...
Persistent link: https://www.econbiz.de/10005233845
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Climate Amenities, Climate Change, and American Quality of Life
Albouy, David; Graf, Walter; Kellogg, Ryan; Wolff, Hendrik - Institute for the Study of Labor (IZA) - 2013
We present a hedonic framework to estimate U.S. households' preferences over local climates, using detailed weather and 2000 Census data. We find that Americans favor an average daily temperature of 65 degrees Fahrenheit, will pay more on the margin to avoid excess heat than cold, and are not...
Persistent link: https://www.econbiz.de/10010638879
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Differences in Quality of Life Estimates Using Rents and Home Values
Winters, John V. - Institute for the Study of Labor (IZA) - 2012
Quality of life differences across areas can be measured by differences in “real wages”, where real wages are computed as nominal wages adjusted for the cost of living. Computing cost of living differences involves several important issues, including how housing prices should be measured....
Persistent link: https://www.econbiz.de/10010695854
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Compensating Differentials in Emerging Labor and Housing Markets: Estimates of Quality of Life in Russian Cities
Berger, Mark C.; Blomquist, Glenn C.; Peter, Klara … - Institute for the Study of Labor (IZA) - 2003
The existence of compensating differentials in Russian labor and housing markets is examined using data from the Russian Longitudinal Monitoring Survey (RLMS) augmented by city and regional-specific characteristics from other sources. While Russia is undergoing transition to a market economy, we...
Persistent link: https://www.econbiz.de/10005763711
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Do Non-Economic Quality of Life Factors Drive Immigration?
Lewer, Joshua J.; Pacheco, Gail; Rossouw, Stephanié - Institute for the Study of Labor (IZA) - 2009
This paper contributes to the immigration literature by generating two unique non-economic quality of life (QOL) indices and testing their role on recent migration patterns. Applying the generated quality of life indices in conjunction with other independent welfare measures to an extended...
Persistent link: https://www.econbiz.de/10005103279
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Subjective Measures of Economic Well-Being and the Influence of Income Uncertainty
Schwarze, Johannes - Institute for the Study of Labor (IZA) - 2008
: Satisfaction with household income and the income evaluation question as developed by Van Praag. It can be shown that satisfaction …
Persistent link: https://www.econbiz.de/10005233925