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Did Vietnam Veterans Get Sicker in the 1990s? The Complicated Effects of Military Service on Self-Reported Health
Angrist, Joshua D.; Chen, Stacey H.; Frandsen, Brigham R. - Centre for Economic Performance, LSE - 2010
The veterans disability compensation (VDC) program, which provides a monthly stipend to disabled veterans, is the third largest American disability insurance program. Since the late 1990s, VDC growth has been driven primarily by an increase in claims from Vietnam veterans, raising concerns about...
Persistent link: https://www.econbiz.de/10009643560
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Poverty and Worklessness in Britain
Nickell, Stephen - Centre for Economic Performance, LSE - 2003
Relative poverty in the UK has risen massively since 1979 mainly because of increasing worklessness, rising earnings … dispersion and benefits indexed to prices, not wages. So poverty is now at a very high level. The economic forces underlying this … tail in the skill distribution, there is no practical possibility of policy reducing relative poverty to 1979 levels. …
Persistent link: https://www.econbiz.de/10005670627
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Life Satisfaction and Relative Income: Perceptions and Evidence
Mayraz, Guy; Schupp, Jürgen; Wagner, Gert G. - Centre for Economic Performance, LSE - 2009
Using a unique dataset we study both the actual and self-perceived relationship between subjective well-being and income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of questions than in previous studies. In questions inserted into a...
Persistent link: https://www.econbiz.de/10005037456
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The Wealth and Poverty of Nations: True PPPs for 141 Countries
Oulton, Nicholas - Centre for Economic Performance, LSE - 2011
I set out a new method for estimating true (Konüs) PPPs. Household consumption per head deflated by these PPPs answers the question: by how much must the average expenditure per head of poor country A be increased to enable the typical inhabitant of A to enjoy the same utility level as the...
Persistent link: https://www.econbiz.de/10009323006
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The Marginal Utility of Income
Layard, Richard; Mayraz, Guy; Nickell, Stephen - Centre for Economic Performance, LSE - 2007
In normative public economics it is crucial to know how fast the marginal utility of income declines as income increases. One needs this parameter for cost-benefit analysis, for optimal taxation and for the (Atkinson) measurement of inequality. We estimate this parameter using four large...
Persistent link: https://www.econbiz.de/10005796149
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Economic Growth Evens-Out Happiness: Evidence from Six Surveys
Clark, Andrew E.; Flèche, Sarah; Senik, Claudia - Centre for Economic Performance, LSE - 2014
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 share of both the "very unhappy" and the "perfectly...
Persistent link: https://www.econbiz.de/10010945135
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Long-Term Health Effects on the Next Generation of Ramadan Fasting During Pregnancy
Ewijk, Reyn van - Centre for Economic Performance, LSE - 2009
Each year, many pregnant women fast from dawn to sunset during the Islamic holy month of Ramadan. Medical theory suggests that this may have negative long-term health effects on their offspring. Building upon the work of Almond and Mazumder (2008), and using Indonesian crosssectional data, I...
Persistent link: https://www.econbiz.de/10005256489
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Adaptation to Poverty in Long-Run Panel Data
Clark, Andrew E.; D'Ambrosio, Conchita; Ghislandi, Simone - Centre for Economic Performance, LSE - 2014
We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to … poverty. We use panel data on almost 54,000 individuals living in Germany from 1985 to 2012 to show first that life … 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/10011076080
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Changes in Intergenerational Mobility in Britain
Blanden, Jo; Goodman, Alissa; Gregg, Paul; Machin, Stephen - Centre for Economic Performance, LSE - 2002
This paper compares and contrasts estimates of the extent of intergenerational income mobility over time in Britain. Estimates based on two British birth cohorts show that mobility appears to have fallen in a cross-cohort comparison of people who grew up in the 1960s and 1970s (the 1958 birth...
Persistent link: https://www.econbiz.de/10005016751
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Does Relative Income Matter? Are the Critics Right?
Layard, Richard; Mayraz, Guy; Nickell, Stephen - Centre for Economic Performance, LSE - 2009
Do other peoples' incomes reduce the happiness which people in advanced countries experience from any given income? And does this help to explain why in the U.S., Germany and some other advanced countries, happiness has been constant for many decades? The answer to both questions is 'Yes'. We...
Persistent link: https://www.econbiz.de/10005256480