Showing 1 - 10 of 116
Persistent link: https://www.econbiz.de/10000852362
Although art museums do not pay any substantial taxes, they are greatly affected by various U.S. tax rules. The … individual receives a deduction for donations of art to museums, the estate gets a deduction for bequests, and the corporation … gets a deduction for charitable gifts. Art museums also are not taxed on investment income or on some "related" business …
Persistent link: https://www.econbiz.de/10012475654
limit the discretion of managers. In a study of U.S. art museums, I find that this practice has grown significantly in …, museums shift their cost structures away from administration and toward program services, and they exhibit very high savings ….S. art museums may represent a reaction by contributors to the industry's high rates of financial distress, weak boards of …
Persistent link: https://www.econbiz.de/10012457601
Psychologists have developed effective survey methods of measuring how happy people feel at a given time. The relationship between how happy a person feels and utility is an unresolved question. Existing work in Economics either ignores happiness data or assumes that felt happiness is more or...
Persistent link: https://www.econbiz.de/10014372464
Happiness data--survey respondents' self-reported well-being (SWB)--have become increasingly common in economics research, with recent calls to use them in policymaking. Researchers have used SWB data in novel ways, for example to learn about welfare or preferences when choice data are...
Persistent link: https://www.econbiz.de/10014372484
Analyses of self-reported-well-being (SWB) survey data may be confounded if people use response scales differently. We use calibration questions, designed to have the same objective answer across respondents, to measure dimensional (i.e., specific to an SWB dimension) and general (i.e., common...
Persistent link: https://www.econbiz.de/10014372485
threshold. Notably, retirement manifests significant gender heterogeneity in its influence on life satisfaction, leading to an …
Persistent link: https://www.econbiz.de/10014421205
Validation of happiness measures is inherently challenging because subjective sensations are unobserved. We introduce a novel validation method: subjects report how happy they would feel (or did feel) after some specified event, as well as how they would respond (or would have responded) to a...
Persistent link: https://www.econbiz.de/10014512062
We have recently initiated the Survey of Economic Expectations (SEE) to learn how Americans perceive their near-term futures. This paper uses SEE data on over two thousand labor force participants interviewed in 1994 and 1995 to describe how Americans in the labor force perceive the risk of...
Persistent link: https://www.econbiz.de/10012473152
utility as proxied by overall satisfaction data …
Persistent link: https://www.econbiz.de/10012474735