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Fenge, Robert; Meier, Volker - 2003

fertility setting. In the model of a small open economy, higher fertility is associated with a reduction of lifetime labor … supply. The optimum share of fertility-related pensions is always below unity, but generally positive. The former is true … demonstrated that child allowances are equivalent to fertility-related pensions as instruments to achieve an efficient allocation. …

Persistent link: https://www.econbiz.de/10011506226

Daddy months

Meier, Volker; Rainer, Helmut - 2014

We consider a bargaining model in which husband and wife decide on the allocation of time and disposable income. Since her bargaining power would go down otherwise more strongly, the wife agrees to have a child only if the husband also leaves the labor market for a while. The daddy months...

Persistent link: https://www.econbiz.de/10010422205

Are family allowances and fertility-related pensions siamese twins?

Fenge, Robert; Meier, Volker - 2004

-as-you-go pension system. Family allowances are compared to introducing a fertility-related component into the pension formula. In an …

Persistent link: https://www.econbiz.de/10011402545

What can economists learn from happiness research?

Frey, Bruno S.; Stutzer, Alois - 2001

Over the past few years, there has been a steadily increasing interest on the part of economists in happiness research. We argue that reported subjective well-being is a satisfactory empirical approximation to individual utility and that happiness research is able to contribute important...

Persistent link: https://www.econbiz.de/10011398921

Pension, fertility, and education

Meier, Volker (contributor); Wrede, Matthias (contributor) - 2005

human capital. In a framework with heterogeneity in productivity, and stochastic and endogenous investment in fertility and … displays both a benefit contingent on the contributions of children and a purely fertility-related component. …

Persistent link: https://www.econbiz.de/10003113341

The life satisfaction approach to environmental valuation

Frey, Bruno S.; Lüchinger, Simon; Stutzer, Alois - 2009

In many countries environmental policies and regulations are implemented to improve environmental quality and thus individuals' well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction Approach (LSA) representing a new non-market valuation...

Persistent link: https://www.econbiz.de/10003897543

Beyond Bentham : measuring procedural utility

Frey, Bruno S.; Stutzer, Alois - 2001

We propose that outcome utility and process utility can be distinguished and empirically measured. People gain procedural utility from participating in the political decision-making process itself, irrespective of the outcome. Nationals enjoy both outcome and process utility, while foreigners...

Persistent link: https://www.econbiz.de/10011398899

Happiness of economists

Feld, Lars P.; Necker, Sarah; Frey, Bruno S. - 2014

We study the importance of economists' professional situation toward their life satisfaction based on a unique survey of mostly academic economists. On average, economists report to be highly happy with life. Satisfaction is positively related to spending more time on doing research. The lack of...

Persistent link: https://www.econbiz.de/10010438344

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/10009127573

Modes of child care

Glomm, Gerhard; Meier, Volker - 2016

We model choices between caring for an infant at home or through some market provision of child care. Maternal labor supply necessitates child care purchased in the market. Households are distinguished along three dimensions: (i) Exogenous income, (ii) the wage rate of the primary care giver and...

Persistent link: https://www.econbiz.de/10011587881