Showing 1 - 10 of 684
This paper assesses the relationship between institutions, output, and productivity, when official output is corrected for the size of the shadow economy. Our results confirm the usual positive impact of institutional quality on official output and total factor productivity, and its negative...
Persistent link: https://www.econbiz.de/10013316690
of mental well-being? Denmark, for instance, regularly tops the league table of rich countries’ happiness; Britain and … holds after adjustment for GDP and other socioeconomic variables -- is currently unknown. Using data on 131 countries, the …
Persistent link: https://www.econbiz.de/10011431189
We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the US, the UK, Japan, and Switzerland to test several hypotheses that may explain why the aggregate Okun's coeffcients are different across countries. Specifically, we show that...
Persistent link: https://www.econbiz.de/10012841145
Surveys that measure subjective states like happiness or preferences often generate discrete ordinal data. Ordered … happiness or other variables are detectable based on response time data without making distributional assumptions. In our survey …
Persistent link: https://www.econbiz.de/10014358107
Comprehensive and international comparable leading indicators across countries and continents are rare. In this paper …, we use a free and instantaneous available source of leading indicators, the ifo World Economic Survey (WES), to forecast … growth of Gross Domestic Product (GDP) in 44 countries and three country aggregates separately. We come up with three major …
Persistent link: https://www.econbiz.de/10012867868
measure is a cohort-weighted average of past PISA scores (representing the quality of education) of the working age population …
Persistent link: https://www.econbiz.de/10013290779
In most research on Life Satisfaction (LS), it is assumed that the covariates of high and low LS are the same for … distinct ‘recipes’, which are primarily based on the values of different population sub-sets. These values are: altruistic …
Persistent link: https://www.econbiz.de/10012908666
This paper combines several large-scale surveys with different identification strategies to shed new light on the determinants of cooperative behavior. We provide evidence indicating that the well-being maximizing level of trust is above the income maximizing level. Higher trust is also linked...
Persistent link: https://www.econbiz.de/10012822497
We examine the differential effects of COVID-19 and related restrictions on individuals with dependent children in Germany. We specifically focus on the role of school and day care center closures, which may be regarded as a “disruptive exogenous shock” to family life. We make use of a novel...
Persistent link: https://www.econbiz.de/10012825395
study the effect of grandparents looking after grandchildren on quality of life and life satisfaction of grandparents. We … to grandfathers. The favorable effect on life satisfaction is primarily directly attributable to caring for grandchildren …
Persistent link: https://www.econbiz.de/10012866376