Showing 1 - 10 of 126
scaling of satisfaction. The results show that year on year, individuals who have experienced a fall in income since the …. This suggests that income is a poor proxy for satisfaction but it does not provide firm evidence for the existence of … to rising incomes but less so falling incomes. The paper concludes that satisfaction with income is influenced by …
Persistent link: https://www.econbiz.de/10011126358
We construct indicators of the perception of job security for various types of jobs in 12 European countries using individual data from the European Community Household Panel (ECHP). We then consider the relation between reported job security and OECD summary measures of Employment Protection...
Persistent link: https://www.econbiz.de/10010745901
satisfaction falls with both the incidence and intensity of contemporaneous poverty. We then reveal that there is little evidence …
Persistent link: https://www.econbiz.de/10011126737
In normative public economics it is crucial to know how fast the marginal utility of income declines as income …, using a number of assumptions, we are able to estimate the elasticity of marginal utility with respect to income. We obtain …
Persistent link: https://www.econbiz.de/10011071383
composition, educational attainment and income as well as wealth and debt portfolios. Educational loans are increasing in their …
Persistent link: https://www.econbiz.de/10010746528
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality … has fallen in countries that have experienced income growth (but not in those that did not). Modern growth has reduced the …
Persistent link: https://www.econbiz.de/10011126047
This paper adopts a counterfactual decomposition analysis to analyse cross-country differences in the size of household wealth and levels of household wealth inequality. The findings of the paper suggest that the biggest share of cross-country differences is not due to differences in the...
Persistent link: https://www.econbiz.de/10011126314
income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of … subjects to report (a) how their income compares to various groups, such a co-workers, friends, and neighbours, and (b) how … important these income comparisons are to them. We find substantial gender differences, with income comparisons being much …
Persistent link: https://www.econbiz.de/10011071089
level of life-satisfaction: income comparisons emerge as much the more important. 3) When in our U.S. analysis we introduce …Do other peoples’ incomes reduce the happiness which people in advanced countries experience from any given income? And … samples since 1972) comparator income has a negative effect on happiness equal in magnitude to the positive effect of own …
Persistent link: https://www.econbiz.de/10011071479
, social interaction has been argued to be conducive to better outcomes for those with health problems; and there is an … by income level. By contrast differences in ‘going out’ across groups can largely be explained by differences in income …
Persistent link: https://www.econbiz.de/10011126675