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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
marriage as important factors in determining longevity. For example, a one-log point increase in real household monthly income … by testing if more satisfied people live longer. Our results clearly confirm the importance of income, education and …
Persistent link: https://www.econbiz.de/10005763630
Risky health behaviors such as smoking, drinking alcohol, drug use, unprotected sex, and poor diets and sedentary lifestyles (leading to obesity) are a major source of preventable deaths. This chapter overviews the theoretical frameworks for, and empirical evidence on, the economics of risky...
Persistent link: https://www.econbiz.de/10009024597
The public finance literature demonstrates the equivalence between consumption and labor-income (wage) taxes. We … introduce an experimental paradigm in which individuals make real labor-leisure choices and spend their earned income on real … goods. We use this paradigm to test whether a labor-income tax and an equivalent consumption tax lead to identical labor …
Persistent link: https://www.econbiz.de/10008611322
individual level, people in high sex ratio countries are found to be more hostile against homosexuality and the homosexuals than … (decriminalization) of homosexuality. …
Persistent link: https://www.econbiz.de/10011156465
minority. It also expands income inequality within the minority community. This incentivizes decentralized attempts to … expropriate producers which, through cumulative causation, both immiserize and criminalize the minority. An underclass thus … results, with disproportionate minority presence. …
Persistent link: https://www.econbiz.de/10010884175
Mobility of workers involves flows of labour, human capital and other production factors and thus contributes to a more efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also change the international and national...
Persistent link: https://www.econbiz.de/10005762078
the relative size of a minority in a given region. In particular, I argue that inter-ethnic social distance disadvantages … smaller ethnic groups in human capital acquisition and that these efficiency differentials systematically expose minority and … majority individuals to different incentives as concerns their choice of skills. As a result, minority and majority individuals …
Persistent link: https://www.econbiz.de/10005703600
the relative size of a minority in a given region. In particular, I argue that inter-ethnic social distance disadvantages … smaller ethnic groups in human capital acquisition and that these efficiency differentials systematically expose minority and … majority individuals to different incentives as concerns their choice of skills. As a result, minority and majority individuals …
Persistent link: https://www.econbiz.de/10005822101
We utilize individual panel data from the 1996 and 2001 Survey of Income and Program Participation (SIPP) to analyze …
Persistent link: https://www.econbiz.de/10005763875