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Demographic Change and Regional Labour Markets : The Case of Eastern Germany
Henschel, Beate; Pohl, Carsten; Thum, Marcel P. - 2021
Demographic change will be one of the most challenging issues for industrialized economies in the decades to come. In this paper, we focus on the impact of demographic change on labour markets. By setting up a stylized model of a regional labour market, we are able to analyze the interaction of...
Persistent link: https://www.econbiz.de/10013316521
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Size and Soft Budget Constraints
Crivelli, Ernesto; Staal, Klaas - 2021
There is much evidence against the so-called "too big to fail" hypothesis in the case of bailouts to sub-national governments. We look at a model where districts of different size provide local public goods with positive spillovers. Matching grants of a central government can induce...
Persistent link: https://www.econbiz.de/10013317317
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Social Interaction and Urban Sprawl
Brueckner, Jan K.; Largey, Ann Geraldine - 2021
Various authors, most notably Putnam (2000), have argued that low-density living reduces social capital and thus social interaction, and this argument has been used to buttress criticisms of urban sprawl. If low densities in fact reduce social interaction, then an externality arises, validating...
Persistent link: https://www.econbiz.de/10013317341
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Income Support, (Un-)Employment and Well-Being
Hetschko, Clemens - 2016
Using specific panel data of German welfare benefit recipients, we investigate the non-pecuniary life satisfaction … analyze transitions of workers between unemployment, regular employment and employment accompanied by welfare receipt. Working … makes people generally better off than being unemployed, but employed welfare recipients do not reach the life satisfaction …
Persistent link: https://www.econbiz.de/10012984507
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Friday the 13th : The Empirics of Bad Luck
Fidrmuc, Jan - 2014
by behavioral adjustments yet which are of considerable importance to one's quality of life: employment, earnings and …
Persistent link: https://www.econbiz.de/10013044603
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Subjective Well-Being, Income, Economic Development and Growth
Sacks, Daniel W. - 2011
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is … higher in countries with greater GDP per capita. The magnitude of the satisfaction-income gradient is roughly the same …-being. Finally, studying changes in satisfaction over time, we find that as countries experience economic growth, their citizens …
Persistent link: https://www.econbiz.de/10013132796
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Inequality and Happiness : When Perceived Social Mobility and Economic Reality do not Match
Bjørnskov, Christian - 2010
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the perceived and the actual fairness of the income generation process affects this association. Building on a simple model of individual labor-market participation under...
Persistent link: https://www.econbiz.de/10013136696
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Happiness and Financial Satisfaction in Israel : Effects of Religiosity, Ethnicity, and War
van Praag, B.M.S. - 2010
We analyze individual satisfaction with life as a whole and satisfaction with the personal financial situation for … respect to Jewish families it is most striking that the impact of family size on both life and financial satisfaction seems to …
Persistent link: https://www.econbiz.de/10013137879
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Changing Identity : Retiring from Unemployment
Hetschko, Clemens - 2011
retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long …-term unemployed people report a substantial increase in their life satisfaction when they retire. These results are robust to … including identity in the utility function, results from the empirical life satisfaction literature can be reconciled with the …
Persistent link: https://www.econbiz.de/10013121822
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Tullock Challenges : Happiness, Revolutions and Democracy
Frey, Bruno S. - 2011
Gordon Tullock has been one of the most important founders and contributors to Public Choice. Two innovations are typical “Tullock Challenges." The first relates to method: The measurement of subjective well-being, or happiness. The second relates to digital social networks such as Facebook,...
Persistent link: https://www.econbiz.de/10013124683